A New Bitcoin Mining Pool Claims It Has Tools To Censor Blockchain Transactions

THELOGICALINDIAN - A blockchain and technology aggregation claims its new bitcoin mining basin is anchored with accoutrement that accredit the basin to admonishment affairs in the blocks they abundance According to a account issued by the DMG the ancestor aggregation to Blockseer mining basin this adeptness allows the closing to beat the acquiescence requirements of the US Governments Office of Foreign Assets Control OFAC

The mining pool’s adeptness to clarify or abridge affairs agency “high-risk wallets will not be included in Blockseer’s acquaint blocks.” Detailing the company’s breakthrough, DMG, in a statement, says “all users of Blockseer’s basin are appropriate to canyon Know Your Customer (KYC) protocols.” The account adds:

Furthermore, DMG claims that Blockseer’s basin “may added decentralize the bitcoin blockchain, readjusting the antithesis of assortment amount to North America, area added Bitcoin nodes operate.”

However, others see Blockseer’s new mining pool, which is the acme of a two-year accomplishment by DMG, as a blackmail to bitcoin. Bitcoin affairs are censorship-resistant, while its blockchain arrangement is decentralized. Therefore, back centralized entities absorb the appropriate to adios assertive transactions, this does not augur actual for bitcoin’s future.

Others abhorrence that if Blockseer’s new mining basin proves to be successful, best miners will be affected to accredit the aforementioned transaction clarification in the future. At the time of publication, Blockseer’s basin is not represented amid the 15 mining pools pointing assortment at the BTC chain.

What are your thoughts on Blockseer’s claims that it can abridge bitcoin transactions? Share your angle in the comments area below.

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