Bitcoin SV has launched a “blacklist manager,” which enables miners to freeze lost or stolen tokens “to comply with court orders” and assist in asset recovery.
A tweet was opened announcing the new functionality with an analogy of gold turning to lead when stolen and back to gold if returned.
Imagine if gold turned into lead when stolen. If the thief returns it, it returns to gold again, #SatoshiNakamoto
– Bitcoin SV (Bitcoin_SV_) October 5 2022
Bitcoin SV He stated that the Blacklist Manager functionality is compatible with the original Bitcoin white paper in that it works similarly to the “now retired” alert system, which acts as a network messaging system.
Bitcoin SV Blacklist Manager
to enable Blacklist ManagerBitcoin SV miners must install and run the software along with their node.
The system relies on “notaries”, who connect miners with coin-freezing orders. The Panel described the role of notaries as equivalent to bailiffs. In it, bailiffs are responsible for maintaining courtroom security in the ancient world, among other tasks.
“A notary public works similarly to a traditional asset record, translating legal documents into a machine-readable format and broadcasting it to the miners.”
In essence, Blacklist Manager excludes frozen UTXOs from being written in transaction blocks. Miners who don’t install the software risk breaking out of consensus with the BSV chain, causing their blocks to be orphaned by the rest of the network.
Bitcoin SV said this functionality would “allow the legitimate owners of digital assets to enforce their ownership rights” in the event the tokens are lost or stolen. However, critics said it makes BSV censorship much easier.
Controversies over censorship
The basis of the Blacklist Manager is to obtain a valid court order. However, court orders do not always do justice to the people’s interest or even reflect moral judgments.
for example, court ordersamong other strategies, was used against Canadian truck drivers in February to suppress their right to protest over vaccine mandates.
Twitter user Tweet embed He offered his point by noting the lack of clarity about which jurisdiction courts can issue a court order recognized by the blacklist administrator.
What about sanctions lists like OFAC? Is it only the American list or is it also the German, Russian and Chinese list? What if the country does not like competition and puts the titles of its competitors on these lists. Or if they get a court order to stop a competitor?
This is bad centralization!
– BitMax (@BitMax14) October 5 2022
Furthermore, the current literature does not clarify whether notaries have safety lockers to verify court documents and avoid accepting and processing bogus court orders.
Remember that it is a court order or a ‘document of similar force’. They will argue that this is that document pic.twitter.com/Kmxj46l7Au
– void (leaks) (Tak_Horigoshi) October 5 2022
1 Twitter user It casts doubt on Satoshi Nakamoto’s endorsement of a job that conflicts with direct peer-to-peer transfers, particularly at the request of the court.
#Tornado #Cash #fiasco #Bitcoin #launches #Blacklist #Manager #tool