melvincarvalho on Nostr: In bitcoin, censorship-resistant is not the same as censorship-proof. Just like ...
In bitcoin, censorship-resistant is not the same as censorship-proof. Just like water-resistant is not the same as water-proof. When miners make a block, they do so by choosing which transactions to include and which to exclude. That is a form of censorship. It is a mistake to think that a "greedy" approach to this, is the only game in town. Miners want to maximize long-term gains, not short term events. The best way to do this is to be a good actor.
Published at
2025-06-11 06:24:51Event JSON
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"content": "In bitcoin, censorship-resistant is not the same as censorship-proof. Just like water-resistant is not the same as water-proof. When miners make a block, they do so by choosing which transactions to include and which to exclude. That is a form of censorship. It is a mistake to think that a \"greedy\" approach to this, is the only game in town. Miners want to maximize long-term gains, not short term events. The best way to do this is to be a good actor.",
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