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<a href="https://ultramining.com/news/en/innovative-mining-pool-ocean-launches-with-jack-dorseys-backing/">Ocean</a> Mining, backed by Jack Dorsey, ignites controversy by announcing the censorship of Bitcoin Ordinal inscriptions. This move by the $6.2M-funded decentralized pool, led by co-founder Luke DashJr, targets a vulnerability in Bitcoin Core. The company's deployment of Knots v25.1 aims to curb blockchain spam, a decision that stirred mixed reactions in the crypto community, according to <a href="https://thedefiant.io/bitcoin-miner-backed-by-jack-dorsey-confirms-it-will-censor-ordinal-inscriptions">The Defiant</a>. 
<a href="https://ultramining.com/news/en/bitcoin-miners-score-big-with-184-million-revenue-amid-brc-20-token-boom-and-ordinals-protocol/">BRC-20</a> tokens, rooted in the Ordinals protocol, showed varied responses, with ORDI, the largest BRC-20, initially dropping 10% before hitting a new high. The broader market saw mixed trends, reflecting the uncertain impact of this development. 
The crypto community, particularly on social media, erupted in debate. Bitcoin educator Dan Held criticized the move as censorship, pointing to its potential impact on miner dynamics. General Partner Trevor Owens echoed similar sentiments, asserting that inscriptions would persist despite these efforts. Nic Carter, a prominent crypto investor, also weighed in, questioning the business logic behind Ocean Mining's strategy. 
Amidst these discussions, Bitcoin's network faces congestion, with transaction fees soaring.&nbsp;

Ocean Mining Announces Censorship on Bitcoin Ordinals

Ultramining_Eng

Ďalšie články zverejnené 21. 12. 2023

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