Luke Dashjr [ARCHIVE] on Nostr: 📅 Original date posted:2018-08-15 📝 Original message:On Thursday 16 August 2018 ...
📅 Original date posted:2018-08-15
📝 Original message:On Thursday 16 August 2018 02:22:21 Lautaro Dragan wrote:
> > Choosing not to mine transactions is not censorship.
>
> Is it not, if for political rather than economical reasons? These
> transactions pay fees like any other.
Miners have always chosen transaction on "political" basises, and doing such
is their right. That's why the system is supposed to be comprised of many
miners, all with their own policies - so the choices of one do not impact the
overall ability to spend (presumably only spam should be rejected by all
miners).
For fees to themselves justify the cost of a transaction, they would need to
be magnitudes higher than we've ever seen on Bitcoin. But even then, nobody
has an obligation to accept payment, no matter how reasonable it is, for a
service they don't want to provide.
Luke
📝 Original message:On Thursday 16 August 2018 02:22:21 Lautaro Dragan wrote:
> > Choosing not to mine transactions is not censorship.
>
> Is it not, if for political rather than economical reasons? These
> transactions pay fees like any other.
Miners have always chosen transaction on "political" basises, and doing such
is their right. That's why the system is supposed to be comprised of many
miners, all with their own policies - so the choices of one do not impact the
overall ability to spend (presumably only spam should be rejected by all
miners).
For fees to themselves justify the cost of a transaction, they would need to
be magnitudes higher than we've ever seen on Bitcoin. But even then, nobody
has an obligation to accept payment, no matter how reasonable it is, for a
service they don't want to provide.
Luke