Post
Topic
Board Bitcoin Discussion
Re: Chinese miners rejecting transactions originating in the US
by
DooMAD
on 13/11/2016, 21:33:06 UTC
This topic is bordering on science fiction  Grin How can the Chinese miners and pools filter out USA traffic and deny foreign transactions? Is this even possible to segregate an entire country or continent from the Blockchain?

And even before we even reach that stage, what difficulty would be involved in the Chinese government physically tracking down the owners of all this hashpower before attempting to bend them to their will?  There's likely a significant number of people involved.  And how would they prevent word of this getting out, giving the community a warning in advance, if it was happening?  Not exactly the easiest thing to keep quiet on the internet, again considering so many participants.  Someone's bound to spill the beans.

Pure fantasy.


They might not reject these transactions altogether, they might just increase the fees exactly by the amount that Trump sets his protective tariffs to for the Chinese goods exported to the US markets, i.e. accept certain transactions only if they have a high enough fee.

Then they're raising the fees for everyone, not just the US.  There isn't a practical way to single out or target the US alone.  Cease these misconceptions about the superpowers you supposedly get with enough hashrate.  It clearly doesn't work how you think it does.