2 years ago
Bitcoin Association, a non-profit liable for the Bitcoin SV (BSV) blockchain, has revealed intentions to frost artifact rewards and writer a malicious miner for breach of contract, according to an Oct 16 press statement.
According to the Association, the said miner has been acting maliciously connected the BSV concatenation since June, erstwhile helium started producing bare blocks. This enactment has negatively affected the concatenation and impacted “honest miners and businesses that interact with the Bitcoin SV network.”
Wikipedia defined an bare artifact arsenic a artifact that does not support immoderate transaction records different than the procreation transaction.
The miner was besides accused of perpetually changing their Coinbase drawstring to debar detection. However, the Association identified the miner code to beryllium “1KPSTuJMCMRXrTWHfCwpiRZg1ALbJzh844.”
The Association noted that portion the miner’s actions person not been inherently dishonest per the whitepaper rule, his deliberate refusal to cod caller transactions broadcast to a node magnitude to “dishonest behavior.”
“This miner is actively attacking the web successful an effort to reap artifact rewards portion disrupting the economical enactment of guiltless users, businesses, and honorable miners.”
Besides mining bare blocks, Bitcoin Association accused the miner of coordinated distributed denial-of-service (DDoS) attacks connected cardinal web infrastructure and services.
The assemblage revealed that attempts to scope the miner arsenic proven abortive, It continued that it is present seeking to prosecute ineligible actions against the miner portion besides urging applicable exchanges to frost the accrued artifact rewards.
Meanwhile, immoderate wrong the BSV assemblage person defended the miner’s close to make bare blocks, saying it is simply an economical decision. One idiosyncratic pointed retired that this is what decentralization is each about, and determination is nary breach of contract.
Satoshi rolling implicit successful his decentralized sedate ser. There is nary breach of contracts lone possibly breaching your societal declaration lol
— dirky (@dirkyville) October 17, 2022
BSV is simply a fork of Bitcoin Cash (BCH) and presently trades for $48.65.
The station Bitcoin Association pursuing transgression charges against miner mining bare blocks appeared archetypal connected CryptoSlate.
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