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Bitcoin’s transaction finality now takes over a week due to mining centralization, developer claims
Bitcoin Core developer Luke Dashjr has raised concerns about the finality of Bitcoin transactions, stating that the widely accepted six-block confirmation rule no longer holds. According to him, transaction finalization now takes over a week, casting doubt on Bitcoin’s resistance to censorship. Finality refers to the point where reversing a transaction becomes practically impossible due to […]
The post Bitcoin’s transaction finality now takes over a week due to mining centralization, developer claims appeared first on CryptoSlate.
Bitcoin’s transaction finality now takes over a week due to mining centralization, developer claims
Bitcoin Core developer Luke Dashjr has raised concerns about the finality of Bitcoin transactions, stating that the widely accepted six-block confirmation rule no longer holds. According to him, transaction finalization now takes over a week, casting doubt on Bitcoin’s resistance to censorship. Finality refers to the point where reversing a transaction becomes practically impossible due to […]
The post Bitcoin’s transaction finality now takes over a week due to mining centralization, developer claims appeared first on CryptoSlate.