Tag: Blocks

NFT project blocks Chinese Twitter comments citing the need for ‘North American expansion’

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According to a Twitter post dated Dec. 11, SHHAN, creator of the black cats nonfungible tokens (NFT) collection Mimic Shhans, explained to users why he was blocking posts on community social pages written in the Chinese language. The move came after users condemned the new measures as discriminatory. According to SHHAN, who is based in South Korea, but created a Chinese post to specifically address the issue:  “It is because I previously announced on Twitter and Discord that my team is trying to enter the North American market. Therefore, I…

UK Bank Starling Blocks Payments to Crypto Platforms — Claims Crypto Is High Risk, Heavily Used for Criminal Purposes – Finance Bitcoin News

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Starling Bank has informed its customers that the bank no longer supports fund transfers to cryptocurrency platforms, including crypto exchanges. The bank stated that cryptocurrencies “are high risk and heavily used for criminal purposes and, as such, we no longer support them.” Starling Bank Blocks Fund Transfers to Crypto Exchanges London-headquartered Starling Bank recently notified its customers that the bank no longer supports money transfers to cryptocurrency platforms, including crypto exchanges. A number of people asked the bank for clarification on Twitter. Starling Bank provided the same response to all…

I Mined 15,931 Diamonds to set a WORLD RECORD…

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Mining diamonds in Hardcore Minecraft! Hardcore Minecraft diamond mining world record! World record 15,931 diamonds in Hardcore Minecraft! ————————— In this video, watch how attempt to set a world record by collecting the most ever diamonds in a singleplayer world! The goal is a 10 layer beacon with 15,931 diamonds in it! ————————— If you enjoyed the video a quick subscription would mean a lot! We’re trying to reach 500,000 to finally get sponsored by Raid Shadow Legends! ————————— Music by Epidemic…

An Unknown Miner Commands More Than 51% of BSV’s Hashpower, Consecutive Strings of Empty Blocks Makes Chain Unreliable – Bitcoin News

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A single miner has managed to overtake a large portion of the Bitcoinsv (Bitcoin Satoshi’s Vision) blockchain capturing more than 80% of the hashrate on October 17. Today, the unknown miner’s hashpower commands around 54% of the Bitcoinsv’s computational power and during the last seven days, the stealth miner captured 64.5%. Unknown Hashpower Captured 64% of the Bitcoinsv Chain During the Past 7 Days, Empty BSV Blocks Renders Chain Useless at Times Bitcoinsv (BSV) has been dealing with an unknown miner trolling the project by mining empty blocks, and capturing…

Ethereum solo validators that censor blocks should ‘be tolerated’ — Buterin

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Ethereum co-founder Vitalik Buterin believes that solo validators that choose not to include certain transactions should “be tolerated” to stop the Ethereum community from becoming the “morality police.” Vitalik Buterin made the comment in reply to a Twitter poll from latetot.eth, discussing a hypothetical scenario whereby a validator censors a transaction that doesn’t align with their beliefs. The thread, published on Oct. 17, asked what should happen if a solo validator, in a country at war with another, decides not to process a block because it includes donations to the…

48% of Ethereum Blocks Face Censorship From OFAC-Compliant Flashbots – Technology Bitcoin News

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For a couple of years now, MEV-Boost relays or Flashbots have become popular tools in order to gather the maximum value that can be extracted from Ethereum’s block production. However, in recent times, Flashbots have been controversial as people believe the technology threatens Ethereum’s censorship-resistance. This is because Flashbots account for 48% of blocks that are compliant with government-enforced regulations. Nakamoto Coefficient or Government Coefficient? — Crypto Users Complain That OFAC-Compliant Flashbots Have Stained Ethereum’s Censorship-Resistance While Ethereum has been complimented for meeting the demands of environmentalists, critics believe the…

Censored Ethereum Blocks Hit the 51% Threshold Over the Past 24 Hours

Chris Piatt, the co-founder of Eden Network, which also runs a censored relay, told CoinDesk, “I don’t think anyone who is deep in the Ethereum ecosystem is satisfied with the status quo (including Flashbots).” As for the continuous growth of censorship on Ethereum, Piatt added that his team has “no plans to change the way we attest to blocks that other validators/ builders have built on the validators that we run.” He added that he is “unaware of any plans on the part of our validator partners to do so”…

51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

One month after the Merge, 51% of Ethereum blocks were compliant with OFAC standards, according to blockchain development Labrys’ data, as MEV-Boost relays take over market share.  On Twitter, users highlighted how the figures represent a milestone towards censorship, as more blocks are under surveillance: We reached another sad milestone in censorship: 51%This means if the censoring validators would now stop attesting to non-censoring blocks they would eventually form the canonical, 100% censoring chain. pic.twitter.com/JrYUjowLpt — Martin Köppelmann (@koeppelmann) October 14, 2022 OFAC stands for the Office of Foreign Assets Control,…

Russia blocks OKX website for alleged unreliable financial information: Reports

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The website of crypto exchange OKX was blocked in Russia by the state media monitoring service Roskomnadzor on Oct. 4. The agency told the TASS news agency that the website was blocked at “the request of the Prosecutor General’s Office for the dissemination of unreliable socially significant information of a financial nature.” Roskomnadzor told local news outlet RBC that OKX had “published information related to the activities of financial pyramids, as well as information on the provision of financial services by persons who do not have the right to provide…

While Known Mining Pools Currently Dominate, Unknown Miners Discovered the Most Bitcoin Blocks During the Last 13 Years – Mining Bitcoin News

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The Bitcoin network has been operational for 5,012 days and so far, more than 755,000 blocks have been mined into existence. During the last year, Foundry USA and Antpool were the top two miners as the combined pools collectively mined 18,229 blocks out of the 53,510 blocks mined this year. Foundry is the leader this year, but all-time statistics show the pool is the 15th largest, and has only found 1.55% of the more than 755,000 blocks discovered. Unknown Hashrate Discovered a Majority of Bitcoin Blocks During the Last 13…