Censorship Resistance – DIGIT INFO

New York Federal Reserve Staff Paper on Tornado Cash Concludes Ethereum Is ‘Not Immune to Censorship and Cooperation’

DIGIT — Fri, 09 Aug 2024 21:35:28 +0000

A staff report published by several New York Federal Reserve employees found that Ethereum “is not immune to censorship and cooperation,” which depends on the roles of several actors across the network. The paper examined how the network performed after Tornado Cash, one of the main mixers in the blockchain, was sanctioned by the OFAC. […]

Go to Source

Do users really care about decentralization? Industry figures clash

DIGIT — Mon, 20 May 2024 09:11:41 +0000

Ethereum’s Dankrad Feist and Helius Labs CEO Mert Mumtaz clash on X over the importance of decentralization, revealing differing views on the crypto market’s priorities.

Go to Source

CBDCs, stablecoins must ensure liberty-based values — former CFTC chair

DIGIT — Wed, 08 May 2024 14:17:14 +0000

J. Christian Giancarlo has stressed the importance of upholding values of liberty, privacy and economic freedom in a keynote address in London.

Go to Source

Elon Musk imposes ‘rate limit’ on Twitter citing extreme ‘system manipulation’

DIGIT — Mon, 03 Jul 2023 02:11:09 +0000

Verified Twitter users will be allowed to view 10,000 posts per day, while new, unverified accounts will get 500 under the new limits.

Go to Source

Environmental Impact of AI Models Takes Center Stage Amid Criticism Against Bitcoin Mining

DIGIT — Tue, 18 Apr 2023 13:04:56 +0000

While bitcoin’s effect on the environment has been discussed at length over the last two years, the latest trend of artificial intelligence (AI) software is now being criticized for its carbon footprint. According to several headlines and academic papers this year, AI consumes significant electricity and leverages copious amounts of water to cool data centers. […]

Go to Source

Bitcoin could hit $10M in 9 years but more sidechains needed: Blockstream CEO

DIGIT — Mon, 13 Feb 2023 01:36:18 +0000

If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion.

Go to Source

Ordinals protocol sparks debate over NFT’s place in the Bitcoin ecosystem

DIGIT — Mon, 30 Jan 2023 06:30:00 +0000

The community has been divided as to whether the NFT-like “digital artifacts” are the right fit for the Bitcoin ecosystem.

Go to Source

Don’t Forget the Importance of Censorship Resistance

DIGIT — Tue, 29 Nov 2022 05:30:46 +0000

Since people are once again talking about self-custody as one of crypto’s unique strengths, I would like to remind everyone about an equally important fundamental value proposition of crypto that, in the early days, was touted as the killer feature. I’m talking about censorship resistance. The following opinion editorial was written by Bitcoin.com CEO Dennis […]

Go to Source

Paypal Plans to Study Transactions That Fund Extremism, Anti-Government Groups

DIGIT — Wed, 28 Jul 2021 19:00:44 +0000

The payment processing giant Paypal has revealed it has partnered with the nonprofit organization the Anti-Defamation League (ADL). According to the announcement, Paypal is researching transactions settled on the payment network that allegedly fund hate groups and extremism. Paypal to Study Transactions With the Anti-Defamation League A report from Reuters notes that Paypal is studying […]

Go to Source

Bluezelle is Resisting Censorship with a New Developer Grant: Interview with Neeraj Muraka

DIGIT — Tue, 16 Feb 2021 04:30:19 +0000

Online censorship has taken front and center since the sweeping ban of former U.S. President Donald Trump from every social outlet he’s been a part of. Other high-profile censorship acts, like Amazon removing alt-right social network Parler from its servers and My Pillow CEO Michael Lindell being banned from Twitter have presented a new paradigm […]

Go to Source