For a short time period ~40% of bitcoin miners and 46% of ETH validators consored tx at the blockchain level preemtively. The authors point out that had 50% of nodes censored (permanently), the OFAC attack would have been successful. [1]
It seems Monero will not be included in the OFAC list - are there legal reasons? Whats your take? Will feds try to take over mining?
[1] Blockchain Censorship pdf (https://arxiv.org/pdf/2305.18545) The academics seem to advice govts to attack the consensus mechanism directly, and point to how successful this was in the case of TornadoCash and Blender.io. The presentation of data is bent toward this argument IMHO.
The feds have no jurisdiction over private individual moral activity. So Monero miners are unstoppable. Once you incorporate your operation, like most of BTC mining is, then you agree to be controlled by their system.
Absolutely. Its called civil disobedience. So much for the resilience of BTC/ETH.
Interesting. I’ve held this position for a while and thought myself to be alone with it.
It goes as far as me considering that there might be forces (or awareness of such) that prevent evil from accessing individuals who never signed up …