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Blockchain, mining and the network ?

BY: @nawaaz | CREATED: July 7, 2017, 10:41 p.m. | VOTES: 6 | PAYOUT: $0.02 | [ VOTE ]

So I just wanna put this out here and I hope to get a response. I was thinking miners on any crypto network basically connect and verify transaction in the blockchain right? , what I want to know, is that say governments decide to come down hard on crypto currencies and decide to regulate everything, is there any way to stop a miner from connecting to their blockchain network, for example, what if the internet service provider blocks the miner from accessing that specific network ?

Could this threaten the continuity of cryptocurrencies?

Please resteem so that I can get more responses

TAGS: [ #cryptocurrency ] [ #blockchain ] [ #altcoin ] [ #ethereum ] [ #bitcoin ]

Replies

@anomiej | July 7, 2017, 10:57 p.m. | Votes: 0 | [ VOTE ]

That would be an extremely unpractical way of attacking cryptos. Mining is done in almost every country in the world, a single government can't really stop it

@nawaaz | July 7, 2017, 10:59 p.m. | Votes: 0 | [ VOTE ]

True, but what if the satellites that internet service providers use are barred from accessing crypto networks ?

@nawaaz | July 7, 2017, 10:59 p.m. | Votes: 0 | [ VOTE ]

Also, do you think it's possible ?

@tombot | July 7, 2017, 11:27 p.m. | Votes: 0 | [ VOTE ]

I don't think this is possible. It would be like herding cats to get all countries to agree. if they did try it you would see it a mile away. There are too many millionaires and billionaires involved in crypto businesses to fight it in the courts.

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