Imagine man on a street opening his bitcoin wallet, seeing 75% of his coins are tainted red.You might also want to pledge a reward for whoever can give you hints about the thief, tracking him down transaction by transaction.Mike Hearn generously shared what will seem to be some historical email exchange with Satoshi Nakamoto.
They just end up disadvantaging everyone who adheres to them while doing relatively little to prevent crime.Join Facebook to connect with Mike Hearn and others you may know.In a no-holds-barred blog post, Bitcoin developer Mike Hearn announced his withdrawal from the Bitcoin project, citing concerns regarding the future of Bitcoin.Assuming that his extreme interest in pushing TaintCoins is because of some guiding principle of wanting to reduce crime is fucking absurd.The block size debate needs to be sorted in the next few weeks, and more transparency between developers, users, and investors will be very beneficial to the overall ecosystem.If he meant what he wrote here, then yes, Mike has become a different person.Finally, the good guys like the U.S. government will be able to blacklist donations to terrorist organizations such as wikileaks again.
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Bitcoin developer Mike Hearn quit the Bitcoin project over a dispute involving a failed block size increase, which Hearn claimed was being opposed by Maxwell of.And money that flows frictionless allows them to do some additional scary stuff.
Transactions and addresses are started to be added to it indiscriminately because some government agency says they are tied to this or that crime.Nope, unless Mike Hearn got his way, Bitcoin is a failed experiment.Wrong Time to Control Bitcoin Says the American Institute for Economic Research.
MIKE HEARN | Bitcoin InsiderI strongly suspect that the NSA have their own version of redlisting already.
Now I come in here and see people coddling this absurd notion of blacklisting peoples coins.In the end, Bitcoin still has issues it needs to address very soon before things get out of hand even more.In the end, it all comes down to the Bitcoin community once again.This does not destroy the fungibility of Bitcoin, but it reduces the incentive to steal them (or use them in other ways that anger someone).Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy.If and when we do, oh hell yes -- fork away (if that is required) -- but until then, it makes no difference.
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The Man Who Really Built Bitcoin - MIT Technology ReviewI think the biggest bitcoin holders are getting rich enough in fiat term to solve that problem without recentralizing Bitcoin with blacklists.So, the fight is not completely lost, even if the U.S. goes forward with its greenlist.
He grew up on a farm in Kirkland, WA and is the youngest of 9 brothers and sisters.The following two tabs change content below.BioLatest Posts Mike Hearn Mike Hearn is a Lead Platform Engineer at R3.Posted on 12:00 pm January 17, 2016 Author JP Buntinx Categories Bitcoin, Opinion Tags bitcoin, bitcoin classic, Bitcoin XT, block size, Censorship, Development, Mike Hearn, Transparency.I am a free person, and I can do whatever I like with my own computer.
I suggest those who want to keep bitcoin a viable and fungible currency let Mr.Every US merchant (for operating in a country which might impose such a system on them).They want to force people to use identified addresses so they can blacklist.A bit strange to call bc developer Mike Hearn a denier, and not at all relevant to my post you quoted, but a very elegant way to ridicule people capable of critical.