Post
Topic
Board Bitcoin Discussion
Re: Chinese miners rejecting transactions originating in the US
by
kiklo
on 13/11/2016, 09:50:35 UTC
waffle

hashpower distributed world wide
statum servers  distributed world wide
domain names not .cn, but .com meaning not chinese
administrators distributed world wide.

you do realise that your concern is out dated. the pools mitigated your concern about 2 years ago.

chinese government cannot take down the domains because they are not .cn
chinese goverments cannot slap the admin because the admin are dotted around the world
chinese goverments cannot take down the statum servers because they are dotted around the world
chinese goverments cannot shut off 51% of hashpower because 90% of hash power IS NOT IN CHINA!!


Chinese Government will not shut down the hashrate Stupid.

They will use their over 51% control of the mining to Accept or Deny any transaction they see fit.

Domain names have nothing to do with it, you're just showing how stupid you really are.  Cheesy

 Cool