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Topic: Should miners collude to steal funds from wallet confiscated by US government? - page 11. (Read 12932 times)

legendary
Activity: 1386
Merit: 1053
Please do not PM me loan requests!
Should miners collude to steal funds from wallet confiscated by US government?

are the any other situations where this is encouraged?
I encourage this.
It will never, ever, ever happen.
But I at least think it should.
sr. member
Activity: 284
Merit: 250
This is likely the worst idea I've ever seen on these forums, and this place is full of bad ideas.
hero member
Activity: 492
Merit: 503
I conjecture that the OP is suggesting that miners use a rewritten form of mining software, that allows bitcoins from that address (you all know what I mean) to be spent without signing with the private key. Procedurally, I don't see this working. Firstly it's not so much miners, as mining pool operators, that would have to agree to this. Can't see them doing it. Secondly I don't think it's just the mining effort that would need to be on board with this. It would also be all those nodes that are validating transactions. That's even less likely to happen.

That's the 'how-to' side of things. The 'why-to' side of things, i.e. the ethics of it... no. Just no.

ETA: Steal Team 6. Nice  Grin
legendary
Activity: 1372
Merit: 1000
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That would be really funny but also a really bad idea.

Allowing such behavior would open a door to all kind of abuse. I think the goal here is not to fight the establishment but just showing them how irrelevant they are becoming in the modern days.
sr. member
Activity: 375
Merit: 250
51% or hard fork maybe.  I'm sure it could be  done with the top three pools pretty easily.
donator
Activity: 129
Merit: 100
Swimming in a sea of data
No, this puts us on the slippery slope of reducing fungibility.
sr. member
Activity: 448
Merit: 250
sr. member
Activity: 375
Merit: 250
Should miners collude to steal funds from wallet confiscated by US government?

are the any other situations where this is encouraged?
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