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Showing posts with the label Legally shuttering miners and full nodes by adding illegal information to blockchain [duplicate]

Legally shuttering miners and full nodes by adding illegal information to blockchain [duplicate]

Legally shuttering miners and full nodes by adding illegal information to blockchain [duplicate] This question already has an answer here: Ramifications of illegal content in transaction messages? 2 answers In many jurisdictions possession or distribution of certain information or content is illegal. Illegal primes, classified information, magnet links to copyrighted torrents, hate speech, outlawed pornography, incitements to terrorism, etc. Not all of this is efficiently encoded in the blockchain, but at least some can be. Let's say a wealthy malicious actor wanted to disrupt the bitcoin network or crater the price. He could subsidize transactions containing illegal content. Moreover he could most likely do this anonymously or near-anonymously. One or two instances would most likely be ignored by legal authorities. But persistent violations would most likely raise the ire of the courts. US federal judges regularly issue injunctions taking down websites. It's unlikely ...