The Protocol Bitcoin Censorship or Just ‘Spam Filtering’? Decrypting the Battle Between Control and Efficiency

Uncovering the Protocol Bitcoin and the Fine Line Between Censorship and Spam Filtering

The Blockchain Censorship Debate: A Wild Ride for Digital Asset Investors

Ah, censorship – the bane of every internet user’s existence. Whether it’s the government or powerful private entities, no one likes being censored. That’s where blockchain technology comes in, with its promise of decentralization and freedom. But hold your horses, my fellow digital asset investors! This topic is not as clear-cut as it seems. Different blockchains have different opinions on what constitutes censorship, and the debates can get quite heated.

In the latest edition of The Protocol, we bring you the juicy details of a fiery debate happening in the Bitcoin community. One mining pool, known as Ocean, has decided to “filter” transactions related to Ordinals inscriptions, colloquially known as “NFTs on Bitcoin.” Some see this as a blatant act of censorship, while others believe it’s just a necessary spam filter. Our very own Sam Kessler dives deep into the controversy, where passions run high and words fly like virtual daggers. It’s a showdown you don’t want to miss!

But wait, there’s more! On the Ethereum front, we uncover another form of censorship – the avoidance of transactions subject to financial sanctions by the U.S. government. It seems that even the world of blockchain isn’t immune to the long arm of the law. We explore the implications of this development and what it means for the future of decentralized finance. Buckle up, folks!

In the midst of this rollercoaster ride, we’re pleased to announce that this article is featured in the latest issue of The Protocol. It’s our weekly newsletter dedicated to unraveling the mysteries of crypto, one block at a time. Don’t miss out on the fun! Sign up here to get it delivered straight to your inbox every Wednesday.

• Liquid Assets Crypto Trading Volumes Skyrocket to $481 Million Daily in November, Says Latest Report!
• Bitcoin Takes Off, Leaving Financial Industry Stunned
• Musk wins again! Invest in Bitcoin inscription Ordi and earn 10 times! Will BRC-20 lead the new wave of crazy wealth?

Now, let’s shift gears and dive into the most influential figures in the blockchain world. We have a star-studded lineup that includes the likes of Casey Rodarmor, the Bitcoin artiste behind Ordinals; Lido DAO, the dominating force in Ethereum staking; and Jordi Baylina, the zero-knowledge proof wizard. These individuals are shaping the future of blockchain with their innovative ideas and relentless passion. Get to know them and be inspired!

And that’s not all, folks! We have Lisa Neigut, the Lightning Network guru who’s teaching people all over the world how to sync a node. Then there’s Paul Sztorc, whose proposal to scale Bitcoin using “drivechains” has caused quite a stir. Love them or hate them, these trailblazers are pushing the boundaries of what blockchain can do.

But enough about them, let’s talk about you, dear reader. We know you’re no stranger to big names in the blockchain world. Antonio Juliano, the mastermind behind the decentralized derivatives exchange dYdX, and Sergey Nazarov, the oracle project extraordinaire, are probably already on your radar. You’re always ahead of the game, aren’t you?

Now, back to the Bitcoin censorship saga. The opinions are divided, my friends. Ocean’s filtering actions have ignited a fierce debate within the Bitcoin community. Some see it as a necessary measure to keep the blockchain clean and efficient, while others cry foul, accusing the pool of censorship. It’s a clash of ideologies, with no clear winner in sight. Meanwhile, the number of unconfirmed transactions on the Bitcoin blockchain keeps climbing, leaving us all wondering what the future holds. Stay tuned for more updates on this gripping story!

And now, for some quick bites:

• Blast, the Ethereum layer-2 project that accepted over $750 million in deposits before its network launch, is now hiring. They’re looking for a Senior DevOps Engineer and a Senior Protocol Engineer. If you’re up for the challenge, seize the opportunity!

• Elon Musk strikes again! His comment has inspired the creation of ‘Go F–K Yourself’ tokens. Yes, you read that right. Only in the crypto world, my friends.

• Binance CEO Richard Teng faces tough questions in his first marquee interview since taking on one of the biggest jobs in crypto. Will he give us the answers we seek? Only time will tell.

• Soccer star Cristiano Ronaldo finds himself in hot water as he faces a $1 billion class action suit over his endorsement of Binance. Looks like even celebrities aren’t immune to the legal battles of the crypto world.

• A U.S. Judge warns the SEC about its “false and misleading” requests in a crypto case. It seems that even the regulators need to play by the rules.

• U.S. crypto lobbying is on track for a record-breaking year, but the industry may lose a key ally as Patrick McHenry announces he won’t seek reelection. The battle for crypto’s recognition continues.

Alright, folks, that’s a wrap for today’s crypto news extravaganza. But fear not, the blockchain world never sleeps, and neither do we. Stay tuned for more updates, more controversy, and more excitement as we continue to explore the wild and wonderful world of digital assets. Until next time, happy investing, and may the blockchain be ever in your favor!

Protocol Village: Where Blockchain Dreams Come to Life

Welcome to Protocol Village, where we shine a spotlight on the latest and greatest in blockchain tech upgrades and developments. It’s a bustling neighborhood filled with innovation, creativity, and, of course, a touch of madness. Here are the highlights:

1. Mantle has launched Mantle LSP, a thrilling new addition to the Ethereum ecosystem. This little gem gives users instant and sustainable yields directly from Ethereum’s PoS validator network. It’s like tapping into a never-ending well of financial abundance. Talk about magic!

2. TBD, a Bitcoin-focused unit of Jack Dorsey’s Block, is making waves with its open-source protocol, tbDEX. This game-changer allows financial institutions to facilitate global transactions using verifiable credentials. The first institution to embrace tbDEX is the Africa-based crypto exchange Yellow Card, bringing the power of decentralized finance to new frontiers. Talk about breaking barriers!

3. The Umee UX chain, the largest Cosmos-based lending protocol, is ready to take things to the next level. It’s proposed a merger with Osmosis, the leading Cosmos DEX, to create a unified interchain DeFi hub. Imagine a world where all your DeFi needs are met in one place. It’s a dream come true for digital asset enthusiasts!

4. The RARI Foundation, the driving force behind NFT infrastructure, has unveiled its latest creation: the RARI Chain. Powered by Arbitrum Orbit technology, this layer-3 chain promises to revolutionize the NFT landscape. The test network is alive and kicking, ready to showcase the future of digital art and collectibles. Get your brushes ready, artists!

5. Aragon, the DAO powerhouse, has expanded its empire to Arbitrum. With the deployment of Aragon OSx DAO framework and Aragon App, DAOs now have access to a thriving ecosystem of protocols, applications, and assets. It’s a match made in blockchain heaven, empowering the masses to participate in decentralized governance. Viva la revolution!

That’s all for today’s tour of Protocol Village. Remember, dreams do come true in this amazing neighborhood. So keep your eyes on the horizon, for the next big thing might just be hiding behind a virtual tree, waiting to be discovered.

Money Center: Where the Crypto Magic Happens

Welcome to Money Center, the beating heart of the crypto world. Here’s where the action happens, where fortunes are made (and sometimes lost), and where dreams collide with reality. Let’s dive in, shall we?

• Funraisings: QANplatform, the quantum-resistant layer-1 blockchain compatible with Ethereum’s EVM standard, has secured a $15 million investment contract with MBK Holding, led by Qatari Sheikh Mansoor Bin Khalifa Al-Thani. This quantum-proof blockchain is sure to defy the laws of crypto gravity. Hold on tight!

• Deals and grants: Neutron, the secure cross-chain smart contract platform for DeFi, is joining forces with Confio, the software company known for developing CosmWasm. This power duo is set to conquer the cosmos of blockchain with their innovative solutions. A match made in cyber heaven!

• The Fantom Foundation is shaking things up with its Sonic Labs accelerator program. This initiative aims to foster innovation within Fantom’s new Sonic technology stack and support the next generation of Web3 founders. Don’t just dream it, do it!

• The United National Development Programme has partnered with Algorand Foundation to launch a blockchain academy. Knowledge is power, and with this collaboration, the power of blockchain education will be unleashed, paving the way for a brighter future.

• The American Cancer Society is running a Quadratic Funding (QF) round using Gitcoin Grants Stack, with $75,000 in matching funds. This innovative funding model ensures that valuable projects get the support they need, leveling the playing field for all. It’s a win for cancer research and a win for crypto!

• Worldcoin Foundation has launched a $5 million grants program focused on “equitable systems.” This generous initiative aims to empower projects that promote fairness, inclusivity, and social impact. Let’s make the world a better place, one blockchain grant at a time!

And now, it’s time for some data and tokens:

• Blockstream CEO is placing a bet that Bitcoin will hit $100K before the halving. Are you ready for this wild ride? Buckle up, my friends!

• TRX trades at a premium on Poloniex, tempting risk takers with juicy arbitrage opportunities. It’s like finding hidden treasure in the crypto caves. Arr, matey!

• BIGTIME and ORDI tokens are leading the altcoin liquidation extravaganza, with nearly $250 million in losses. It’s a wild, wild crypto world out there. Only the bravest survive!

That concludes our journey through Money Center. Remember, the crypto world is a wild and thrilling place, where fortunes are made and lost at the blink of an eye. Hold on to your digital assets tightly and enjoy the ride!

Solana Activity Heats Up Along With SOL Price

Hola, Solana enthusiasts! Prepare to be amazed as we delve into the world of Solana, the layer-1 smart-contract blockchain that’s been on fire lately. Its native token SOL has skyrocketed, outperforming the mighty Ethereum. Yes, you heard it right. Ethereum, eat your heart out!

Messari, the digital asset analysis firm, has discovered some exciting trends in the Solana network. Weekly active addresses are soaring, reaching levels unseen since the collapse of Sam Bankman-Fried’s FTX crypto exchange. It’s like a phoenix rising from the ashes, ready to make its mark on the crypto world once again.

But that’s not all, ladies and gentlemen. Solana’s total value locked (TVL) has doubled, signaling a powerful comeback. The DeFi scene is thriving, with a diverse range of applications emerging. From social media platforms to content monetization and mind-boggling uses of compressed NFTs, Solana is attracting creative minds from all corners of the blockchain universe. And let’s not forget about airdrop farming, where crypto enthusiasts can reap the rewards of innovative applications like Jupiter, Marginfi, Drift, Zeta, and JitoSol. It’s a Solana safari!

Oh, and did we mention SOL token’s staggering sixfold increase this year? Talk about smashing records and turning heads. Solana’s innovative technology, coupled with its growing ecosystem, has captivated investors around the world. Who needs Ethereum when you have Solana, right?

As the Solana madness continues, Jito, the liquid staking protocol, is making waves with its 6.96% annual yield. It’s no wonder that $327 million has flooded into Jito since October. The future looks bright for Solana and its passionate community.

So, grab your shades and get ready to ride the Solana wave. This blockchain is heating up, and the possibilities are endless. Will it surpass Ethereum? Only time will tell. In the meantime, fasten your seatbelts and enjoy the Solana frenzy!

Calendar: Mark Your Crypto Calendars!

The crypto world never stops, and neither should you! Here are some important dates to mark on your crypto calendars:

• Dec. 11-13: Taipei Blockchain Week. Get ready for an explosion of blockchain innovation and mind-bending discussions. It’s going to be off the chain!

• Jan. 30: Stellar upgrade for Soroban smart contracts. The Stellar network is leveling up, so buckle up for new possibilities and exciting changes.

• Feb. 22-24: Bitcoin++ takes over Buenos Aires. Get your tango moves ready and immerse yourself in the world of Bitcoin.

• Feb. 23-March 3: EthDenver steals the spotlight. Come together with the brightest minds in the Ethereum community and witness the birth of groundbreaking ideas.

• April 2024 (estimate): Next Bitcoin halving. The countdown begins! The halving event is poised to shake up the crypto world once again. Prepare for the unexpected!

• April 8-12: Paris Blockchain Week. The City of Love becomes the City of Blockchain, bringing together enthusiasts from all corners of the world. Love is in the air, and so is blockchain!

• May 29-31, 2024: Consensus takes over Austin, Texas. The annual gathering of crypto aficionados promises to deliver insights, connections, and an unforgettable experience. Don’t miss out!

• July 25-27: Bitcoin 2024 hits Nashville. The intersection of music and crypto takes center stage. It’s going to be a wild ride, y’all!

That’s it for this edition of the crypto calendar. Don’t forget to mark these dates and stay tuned for more exciting events in the world of blockchain!

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There you have it, my friends! The world of blockchain and digital assets just got a whole lot more interesting. Remember, investing in the crypto space is like diving into a thrilling rollercoaster ride. Strap in, hold tight, and enjoy the exhilarating journey. Until next time, happy investing and stay crypto-fabulous!

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