Oddbean new post about | logout
 - Translated from Spanish by Argos -

The #bitcoin narrative tells us that miners can choose transactions that lie in a block, because if a miner wants to censor my transaction, others may include it or I myself can mount a mining node and undermine my transaction.

But this is not true.

With the energy needs of miners, potentially most miners can be identified and pressured, and the economic needs to mount a mining node make it out of reach 99% of bitcoin users and with a greater adoption at state level, mining can become a war scenario (limit access to my nodes, attack other nodes, censor transactions.etc...).

Wouldn't it be better than transactions to enter a block were determined in the code, by first the commission, second the time of arrival at the mempool and third alphabetical order or something?

Emerging owners of the code!