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by mule1 1326 days ago
There are no implications, since Ethereum is a public ledger where anyone can participate in validating transactions who have at least 32 ETH. For contrast, with bitcoin anyone can add a block who can produce a verifiable hash below the current difficulty target.

It gets muddy where with Ethereum where there are public companies like Coinbase who have to comply with certain laws as they are a financial entity running their own validators with coins from their depositors. Don't get me wrong there is an urgent need for regulatory clarity and not all regulations are bad.

1 comments

So then is increased length of validation for non-compliant transactions the only tangible drawback?