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42 sats \ 1 reply \ @ek 23 Oct \ parent \ on: "Quasi-consensus": help me understand this conversation with Chris Guida bitcoin

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that would be ridiculous

Because getting a single confirmation on your tx would be like winning the lottery

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0 sats \ 0 replies \ @Undisciplined 23 Oct

I get that. I articulated my thoughts better here #1263201

Free entry into mining, means profit seekers will come in and accept those censored transactions, but just that threat of entry will keep miners from engaging in widespread censorship.

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