Bitcoin Mining Pool F2Pool Accused of Censoring Transactions from Sanctioned Addresses
F2Pool, the third-largest Bitcoin mining pool, faced criticism on social media for allegedly censoring transactions from an address under US government sanctions. The controversy arose as many Bitcoin enthusiasts consider "censorship resistance" a fundamental principle of the blockchain. However, concerns have been raised by government officials worldwide that blockchain networks could be used to finance criminal activity and terrorism. F2Pool's decisions can have significant implications as they control a significant portion of the network's processing power.
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