• bitcoinBitcoin (BTC) $ 108,460.00
  • ethereumEthereum (ETH) $ 2,552.51
  • tetherTether (USDT) $ 0.999996
  • xrpXRP (XRP) $ 2.27
  • bnbBNB (BNB) $ 659.96
  • solanaSolana (SOL) $ 149.58
  • usd-coinUSDC (USDC) $ 0.999901
  • tronTRON (TRX) $ 0.286921
  • dogecoinDogecoin (DOGE) $ 0.168763
  • staked-etherLido Staked Ether (STETH) $ 2,552.40
  • cardanoCardano (ADA) $ 0.577884
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,298.00
  • hyperliquidHyperliquid (HYPE) $ 37.87
  • wrapped-stethWrapped stETH (WSTETH) $ 3,086.77
  • suiSui (SUI) $ 2.88
  • bitcoin-cashBitcoin Cash (BCH) $ 498.77
  • chainlinkChainlink (LINK) $ 13.34
  • leo-tokenLEO Token (LEO) $ 9.06
  • stellarStellar (XLM) $ 0.250306
  • avalanche-2Avalanche (AVAX) $ 17.88
  • usdsUSDS (USDS) $ 0.999837
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • wrapped-eethWrapped eETH (WEETH) $ 2,734.72
  • the-open-networkToncoin (TON) $ 2.76
  • wethWETH (WETH) $ 2,553.01
  • hedera-hashgraphHedera (HBAR) $ 0.156761
  • litecoinLitecoin (LTC) $ 86.58
  • whitebitWhiteBIT Coin (WBT) $ 45.03
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 316.24
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,467.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • polkadotPolkadot (DOT) $ 3.35
  • bitget-tokenBitget Token (BGB) $ 4.30
  • uniswapUniswap (UNI) $ 7.42
  • aaveAave (AAVE) $ 282.76
  • pepePepe (PEPE) $ 0.000010
  • daiDai (DAI) $ 1.00
  • pi-networkPi Network (PI) $ 0.456700
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • okbOKB (OKB) $ 48.01
  • bittensorBittensor (TAO) $ 321.07
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • aptosAptos (APT) $ 4.39
  • jito-staked-solJito Staked SOL (JITOSOL) $ 181.81
  • nearNEAR Protocol (NEAR) $ 2.14
  • internet-computerInternet Computer (ICP) $ 4.75
  • crypto-com-chainCronos (CRO) $ 0.080696
  • ethereum-classicEthereum Classic (ETC) $ 16.46
  • ondo-financeOndo (ONDO) $ 0.781604
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • kaspaKaspa (KAS) $ 0.075137
  • mantleMantle (MNT) $ 0.572152
  • fasttokenFasttoken (FTN) $ 4.45
  • gatechain-tokenGate (GT) $ 15.58
  • cosmosCosmos Hub (ATOM) $ 4.03
  • bonkBonk (BONK) $ 0.000023
  • vechainVeChain (VET) $ 0.020357
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.667708
  • official-trumpOfficial Trump (TRUMP) $ 8.48
  • skySky (SKY) $ 0.078883
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.185462
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 108,253.00
  • render-tokenRender (RENDER) $ 3.15
  • arbitrumArbitrum (ARB) $ 0.327548
  • ethenaEthena (ENA) $ 0.254733
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,552.94
  • filecoinFilecoin (FIL) $ 2.26
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.48
  • algorandAlgorand (ALGO) $ 0.173976
  • worldcoin-wldWorldcoin (WLD) $ 0.863278
  • usdtbUSDtb (USDTB) $ 0.999785
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998044
  • kucoin-sharesKuCoin (KCS) $ 11.03
  • binance-staked-solBinance Staked SOL (BNSOL) $ 158.40
  • sei-networkSei (SEI) $ 0.250871
  • usdt0USDT0 (USDT0) $ 1.00
  • tokenize-xchangeTokenize Xchange (TKX) $ 15.66
  • jupiter-exchange-solanaJupiter (JUP) $ 0.430558
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,675.78
  • nexoNEXO (NEXO) $ 1.22
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,908.54
  • spx6900SPX6900 (SPX) $ 1.27
  • flare-networksFlare (FLR) $ 0.015901
  • celestiaCelestia (TIA) $ 1.56
  • fartcoinFartcoin (FARTCOIN) $ 1.09
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999775
  • xdce-crowd-saleXDC Network (XDC) $ 0.065539
  • injective-protocolInjective (INJ) $ 10.39
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • blockstackStacks (STX) $ 0.646735
  • sonic-3Sonic (S) $ 0.305308
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,725.07
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.47
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,681.06
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.015085
  • optimismOptimism (OP) $ 0.535433
  • pax-goldPAX Gold (PAXG) $ 3,339.37
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 108,252.00
  • story-2Story (IP) $ 3.15
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 108,315.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999801
  • wbnbWrapped BNB (WBNB) $ 660.43
  • kaiaKaia (KAIA) $ 0.149524
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,687.09
  • clbtcclBTC (CLBTC) $ 109,014.00
  • dogwifcoindogwifhat (WIF) $ 0.843861
  • tether-goldTether Gold (XAUT) $ 3,331.03
  • flokiFLOKI (FLOKI) $ 0.000084
  • the-graphThe Graph (GRT) $ 0.082509
  • vaultaVaulta (A) $ 0.497604
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 167.91
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.25
  • immutable-xImmutable (IMX) $ 0.413308
  • msolMarinade Staked SOL (MSOL) $ 195.49
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,757.27
  • ousgOUSG (OUSG) $ 111.71
  • curve-dao-tokenCurve DAO (CRV) $ 0.505886
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • theta-tokenTheta Network (THETA) $ 0.681484
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998300
  • lido-daoLido DAO (LDO) $ 0.719277
  • jito-governance-tokenJito (JTO) $ 1.85
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • galaGALA (GALA) $ 0.013975
  • zcashZcash (ZEC) $ 38.69
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.44
  • saros-financeSaros (SAROS) $ 0.230600
  • iotaIOTA (IOTA) $ 0.155805
  • wrapped-hypeWrapped HYPE (WHYPE) $ 37.86
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 107,950.00
  • the-sandboxThe Sandbox (SAND) $ 0.241759
  • usual-usdUsual USD (USD0) $ 0.997705
  • aerodrome-financeAerodrome Finance (AERO) $ 0.689079
  • jasmycoinJasmyCoin (JASMY) $ 0.012020
  • raydiumRaydium (RAY) $ 2.17
  • super-oethSuper OETH (SUPEROETH) $ 2,551.96
  • tbtctBTC (TBTC) $ 107,958.00
  • syrupMaple Finance (SYRUP) $ 0.524921
  • newton-projectAB (AB) $ 0.008400
  • pendlePendle (PENDLE) $ 3.37
  • tezosTezos (XTZ) $ 0.524228
  • walrus-2Walrus (WAL) $ 0.398046
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,726.42
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,551.88
  • pyth-networkPyth Network (PYTH) $ 0.095202
  • falcon-financeFalcon USD (USDF) $ 0.994226
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,683.32
  • flowFlow (FLOW) $ 0.324347
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 108,422.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,553.09
  • decentralandDecentraland (MANA) $ 0.262479
  • true-usdTrueUSD (TUSD) $ 0.998529
  • bitcoin-svBitcoin SV (BSV) $ 24.70
  • coredaoorgCore (CORE) $ 0.487812
  • ripple-usdRipple USD (RLUSD) $ 0.999740
  • venomVenom (VENOM) $ 0.229709
  • apecoinApeCoin (APE) $ 0.596532
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999903
  • chain-2Onyxcoin (XCN) $ 0.013629
  • thorchainTHORChain (RUNE) $ 1.32
  • dexeDeXe (DEXE) $ 7.76
  • beldexBeldex (BDX) $ 0.061179
  • apenftAPENFT (NFT) $ 0.00000044
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.168744
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004345
  • morphoMorpho (MORPHO) $ 1.35
  • usddUSDD (USDD) $ 1.00
  • kavaKava (KAVA) $ 0.394848
  • heliumHelium (HNT) $ 2.31
  • staked-hypeStaked HYPE (STHYPE) $ 37.88
  • based-brettBrett (BRETT) $ 0.042185
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • usdbUSDB (USDB) $ 0.999744
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006924
  • starknetStarknet (STRK) $ 0.110838
  • stader-ethxStader ETHx (ETHX) $ 2,713.31
  • dydx-chaindYdX (DYDX) $ 0.517594
  • movementMovement (MOVE) $ 0.147968
  • compound-governance-tokenCompound (COMP) $ 40.49
  • neoNEO (NEO) $ 5.40
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.997273
  • mog-coinMog Coin (MOG) $ 0.00000097
  • elrond-erd-2MultiversX (EGLD) $ 13.25
  • conflux-tokenConflux (CFX) $ 0.072623
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 108,177.00
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,553.16
  • ecasheCash (XEC) $ 0.000018
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999826
  • aioz-networkAIOZ Network (AIOZ) $ 0.304674
  • build-onBUILDon (B) $ 0.359108
  • deepDeepBook (DEEP) $ 0.142906
  • eosEOS (EOS) $ 0.498424
  • kaitoKAITO (KAITO) $ 1.46
  • ether-fiEther.fi (ETHFI) $ 0.938220
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,814.19
  • axie-infinityAxie Infinity (AXS) $ 2.11

Forget About The Strategic Bitcoin Reserve For A Moment — Mining Censorship Is Back

0 57

Forget About The Strategic Bitcoin Reserve For A Moment — Mining Censorship Is Back

The news got buried in part due to Trump’s inauguration and subsequent rumblings of a Strategic Bitcoin Reserve (SBR), but developer b10c recently published research showing that F2Pool — a mining pool representing ~11% of hash power on the Bitcoin network — is censoring OFAC-sanctioned transactions… again.

In case you don’t know what this means: the US Department of the Treasury’s Office of Foreign Asset Control (OFAC) maintains a list of sanctioned entities, including a number of Bitcoin addresses; it’s illegal to do business with these entities under US law. It’s actually unclear if this means miners cannot include transactions to and from these addresses in blocks they produce — but F2Pool appears to be rather safe than sorry.

Now, as long as it’s just F2Pool applying this policy, this is not really an issue. Some transactions will be delayed by about ten minutes or so, once in a while, but that’s about it.

If more pools start doing it, the delays will get longer and more frequent — but still not terrible. Not even if it’s a majority of pools.

The real issue will arise if a majority of mining pools not only censors transactions, but also refuses to build on top of blocks that do include these transactions. If this were to happen, these transactions wouldn’t confirm at all anymore… not for as long as these mining pools remain a majority. Bitcoin would no longer be censorship-resistant.

I can’t really fault F2Pool for adopting their policy. Although I would much prefer it if no mining pools censor, we unfortunately live in a world where even open source software developers may face prison time for enabling users to transact freely.

Rather than flirting with an SBR, it would be great if the new Trump administration first just stopped such state attacks on Bitcoin.

This article is a Take. Opinions expressed are entirely the author’s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

Source

Leave A Reply

Your email address will not be published.