Sentences with phrase «censorship resistance also»

Bitcoin's censorship resistance also makes it useful for getting around capital controls in more economically - restrictive countries.

Not exact matches

They also argue that proof - of - work mining is the best way to secure the network, and that anything less would lose censorship resistance, an essential attribute of bitcoin.

While the level of censorship resistance offered by Bitcoin's permissionless payment network has obvious value, it's also rather expensive.

An increase in the block size limit via a hard fork would also create an increase in the supply of block space, and thus lower the cost of on - chain transactions overall, but it's unclear how large blocks can become while retaining a sufficient level of decentralization and censorship resistance.