Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: E. Pluribus Unum

They would only have to trace the pathways if Bitcoin and shut down the relative few that use them.


3 posted on 04/10/2021 8:40:57 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults. )
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Jonty30
They would only have to trace the pathways if Bitcoin and shut down the relative few that use them.

That's... not exactly how blockchain works.

In a basic blockchain, every participant in the chain has a register of all transactions within the chain. When something changes on one node, every other node is updated immediately with that change. It's an indelible register. The whole point to blockchain is to make fraud impossible. If one node or even a lobe of the chain goes down or becomes unavailable, the rest of the chain continues to function and updates the missing nodes when they return. It's a multi-master system.

Truly the only way to ban Bitcoin would be to completely collapse the Internet into so many shards as to make the blockchain impossible to reconstruct.

31 posted on 04/11/2021 3:27:50 AM PDT by rarestia (Repeal the 17th Amendment and ratify Article the First to give the power back to the people!)
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson