Enter BSV’s blacklist manager, which, according to court documents, Wright's other company, nChain, had been working on all along.
“The first step of the digital asset freezing process is obtaining a court order or a document of equivalent legal force,” states a video explainer on the official BSV website. “The plaintiff commissions a ‘notary’ who can operate a ‘notary tool.’ The notary converts the court order into a machine readable format and transmits it to the mining network.”
This type of transaction is called a “confiscation transaction” and according to the video, the end result is that miners “will receive legal documents ordering the reassignment of misappropriated or lost assets and execute a transaction that transfers ownership of coins to their legally determined owner.”
I'm not sure Satoshi would have gone this far with his kill switch idea.
