Bitcoin Miner Marathon Not Censoring Transactions Anymore

Last Updated on June 2, 2021 by Jason

Marathon Digital Holdings, a mining firm under the Bitcoin umbrella, is starting to validate transactions. Previously, it attempted to keep any transactions off its blocks that started out with addresses linked to sanctioned entities.

The pool was controversial in the community of Bitcoin when it said that it had successfully mined the first completely compliant block by restricting specific transactions. Marathon said at the time that its attempts to be compliant were to pander to regulators and investors, who wanted all of their bitcoin transactions to be clean.

Bitcoin

However, the current CEO looks to be taking it down a new road. He said, “We look forward to continue to being a collaborative and supportive member of the bitcoin community and to realizing the vision of Bitcoin as the first decentralized, peer-to-peer payment network that is powered by its users rather than a central authority or middlemen.”

Marathon also plans to upgrade according to Taproot, which is going to improve things like custody software and scaling.

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Jasonhttps://earthweb.com/
Hi! I'm the editor at EarthWeb. I have a deep interest in technology and business. I also enjoy testing products out. Contact me to be featured!

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