Sentences with phrase «lose censorship resistance»
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.
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The point of Bitcoin is supposed to be censorship resistance, and the network begins to lose its core value proposition when the total number of mining pools are limited.
With off - chain scaling, they fear that Bitcoin will lose a significant amount of decentralization and censorship resistance.