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Title: BSV "blacklist manager" what could go wrong? Post by: larry_vw_1955 on January 23, 2023, 03:22:24 AM https://www.coindesk.com/tech/2023/01/20/craig-wrights-blacklist-resembles-bitcoin-kill-switch-satoshi-never-followed-through-on/
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. :o |