Worrying about censorship for a pool that controls < 1% of the network and neglecting to mention bitcoin has lost its censorship resistance with 4 pools dictating the constructing of > 75% of all blocks is problematic at best. Whether it’s ocean or another team, this needs to be fixed.
Every time a block is added 2,500 transactions out of 204,000 (current) are added to the chain. Currently, 4 nodes will decide the construction of 75% of all blocks. This is the definition of a network that CAN BE CENSORED. The censorship resistance of bitcoin is a LIE. We must fix this.
WRONG. 4 MINING NODES DICTATE THE BLOCK CONSTRUCTION FOR OVER 75% OF ALL BLOCKS ADDED TO THE CHAIN. INSCRIPTIONS ARE AN ATTACK ON BITCOIN AND I AM HAPPY LUKE IS BLOCKING THEM. FREEDOM TO EXCLUDE IS AS IMPORTANT AS FREEDOM TO INCLUDE. THIS IS CONSISTENT WITH THE ETHOS OF BITCOIN. THERE ARE OVER 200k TRANSACTIONS WAITING TO BE ADDED TO THE CHAIN, MINERS HAVE ALWAYS DICTATED WHAT GETS ADDED. ASSUMING “MY GAME THEORY” WILL ALWAYS DICTATE THE TRANSACTIONS WITH THE HIGHEST FEE WILL GET ADDED IS LOW IQ THINKING AND HAS ALREADY BEEN PROVEN WRONG MANY TIMES, SEE LUXOR, FOR EXAMPLE. CORE SHOULD HAVE FIXED THIS ISSUE LOMG AGO. DO BETTER MATT, MINERS HAVE ALWAYS BEEN ABLE TO DO THIS AND HAVE DONE SO. LUKE ISN’T ATTACKING BITCOIN. YOU MUST KNOW THAT. *Investor View quoted note →