The ‘Great Firewall’ can’t stop OTC Bitcoin Trading in China

Great Firewall of China Breached by Bitcoin Blockchain: The iconic image of the bravely defiant Tiananmen Square Tank Man who symbolizes the power of the individual against the might of the State is latest prohibited material permanently embedded on the Bitcoin Blockchain.

Iconic Tank Man picture embedded in the Bitcoin Blockchain today:
http://www.cryptograffiti.info/#4906
Tiananmen Square information embedded in the Bitcoin Block chain yesterday:
http://www.cryptograffiti.info/#4901
Yesterdays discussion thread: https://np.reddit.com/Bitcoin/comments/60hbt6/breaking_tiananmen_square_massacre_of_1989/
This is clearly a Victory for Free Speech and Empowerment of the Individual against Government Oppression, but what does this mean for Bitcoin? What does this mean for Freedom of Speech in China, and Worldwide? Will Beijing take steps to remove and/or block prohibited information being distributed inside of the Great Firewall via the Bitcoin Blockchain hosted on nodes operated by Chinese Bitcoin Miners?
submitted by Barkey_McButtstain to China [link] [comments]

So one of the main argument of Core against larger max-blocksize is China's Great Firewall. But if that's really a problem, it mean that China can just close the GF a bit more an essentially kill Bitcoin as we know it. And that's just silly.

Core weight too much the adversarial conditions and underestimates the incentives to make Bitcoin works right. Sadly it's a confirmed trend (see RBF). The community need to steer clear of it.
submitted by parban333 to btc [link] [comments]

Great Firewall of China Breached by Bitcoin Blockchain: The iconic image of the bravely defiant Tiananmen Square Tank Man who symbolizes the power of the individual against the might of the Totalitarian Chinese Communist State is now permanently embedded on the Bitcoin Blockchain.

Iconic Tank Man picture embedded in the Bitcoin Blockchain today:
http://www.cryptograffiti.info/#4906
Tiananmen Square information embedded in the Bitcoin Block chain yesterday:
http://www.cryptograffiti.info/#4901
Yesterdays discussion thread: https://np.reddit.com/Bitcoin/comments/60hbt6/breaking_tiananmen_square_massacre_of_1989/
This is clearly a Victory for Free Speech and Empowerment of the Individual against Government Oppression, but what does this mean for Bitcoin? What does this mean for Freedom of Speech in China, and Worldwide? Perhaps most importantly, what does this mean for Comedy Gold Futures? Will Beijing take steps to remove and/or block prohibited information being distributed inside of the Great Firewall via the Bitcoin Blockchain hosted on nodes operated by Chinese Bitcoin Miners?
submitted by Barkey_McButtstain to Buttcoin [link] [comments]

We know you heard this one before, but China wants to ban bitcoin…again. Only this time the government plans to use one of its most far reaching tools, the Great Firewall of China, to completely prevent anyone in the country from reaching foreign exchange sites.

We know you heard this one before, but China wants to ban bitcoin…again. Only this time the government plans to use one of its most far reaching tools, the Great Firewall of China, to completely prevent anyone in the country from reaching foreign exchange sites. submitted by CryptoRusinfo to CryptoCurrency [link] [comments]

Great Firewall of China Slows Down Bitcoin Network

submitted by cryptoallbot1 to cryptoall [link] [comments]

We should tear down the Great Firewall of China by running Bitcoin Unlimited 0.12.0 on both sides of the wall!

We should tear down the Great Firewall of China by running Bitcoin Unlimited 0.12.0 on both sides of the wall! submitted by sandakersmann to btc [link] [comments]

Wargame scenario: If the Great Firewall of China was used to attack Bitcoin or Bitcoin Cash, what would the effects be?

A significant amount of hash power resides in China (due to the manufacturing of ASICs there, relaxed building and fire codes helpful for mining warehouses, and cheap electricity).
If the GFW was used to attempt to block bitcoin, what would we see?
Block propagation might be halted or at least obstructed.
Would we see a fork where there are two chains that occasionally overwrite each over as communications channels open up and close again?
Wouldn't Bitcoin would see both chains (in China and out) slow down until the next difficulty recalculation, but during periods where blocks leak out, hash power would double?
Some scenarios have been discussed previously, but many of those discussions were during ages where everyone ran a mining node, or before ASIC's, before hashpower migrated to specific geographic locations because of lower operating costs, before Bitcoin split with aggressive actors, and before the possibility of multiple governments wielding immense powers in an attempt to thwart Bitcoin (and by extension, Bitcoin Cash)
It's not a likely scenario, most of the "omfg, China is banning Bitcoin?!?!?!" talk is just FUD, but it always a good idea to consider possible threat models.
What do you think are the risks and plausible scenarios for different kinds of attacks or roadblocks that might be put in place?
submitted by DeftNerd to btc [link] [comments]

Great Firewall of China Slows Down Bitcoin Network

submitted by cryptoanalyticabot to blockchainanalytics [link] [comments]

Donate to help Bitcoin Unlimited move data through the Great Firewall of China!

Donate to help Bitcoin Unlimited move data through the Great Firewall of China! submitted by thezerg1 to btc [link] [comments]

Everyone says the "Great Firewall of China" is slowing Bitcoin. Why isn't there a minimum ping for running a Bitcoin node or miner? Why isn't some form of self-enforcing QoS already a part of Bitcoin?

North Korea always says it's because of the "Great Firewall of China" that's keeping blocksize small. Why isn't there some form of "you must be this tall (ping) to ride this ride" built into the protocol?
submitted by catsfive to btc [link] [comments]

Great Firewall of China Breached by Bitcoin Blockchain: The iconic image of the bravely defiant Tiananmen Square Tank Man who symbolizes the power of the individual against the might of the Totalitarian Chinese Communist State is now permanently embedded on the Bitcoin Blockchain.

Iconic Tank Man picture embedded in the Bitcoin Blockchain today:
http://www.cryptograffiti.info/#4906
Tiananmen Square information embedded in the Bitcoin Block chain yesterday:
http://www.cryptograffiti.info/#4901
Yesterdays discussion thread: https://np.reddit.com/Bitcoin/comments/60hbt6/breaking_tiananmen_square_massacre_of_1989/
This is clearly a Victory for Free Speech and Empowerment of the Individual against Government Oppression, but what does this mean for Bitcoin? Will Beijing take steps to remove and/or block prohibited information being distributed inside of the Great Firewall via the Bitcoin Blockchain hosted on nodes operated by Chinese Bitcoin Miners?
submitted by Barkey_McButtstain to btc [link] [comments]

Great Firewall of China Breached by Bitcoin Blockchain: The iconic image of the bravely defiant Tiananmen Square Tank Man who symbolizes the power of the individual against the might of the Totalitarian Chinese Communist State is now permanently embedded on the Bitcoin Blockchain.

Iconic Tank Man picture embedded in the Bitcoin Blockchain today:
http://www.cryptograffiti.info/#4906
Tiananmen Square information embedded in the Bitcoin Block chain yesterday:
http://www.cryptograffiti.info/#4901
Yesterdays discussion thread: https://np.reddit.com/Bitcoin/comments/60hbt6/breaking_tiananmen_square_massacre_of_1989/
This is clearly a Victory for Free Speech and Empowerment of the Individual against Government Oppression, but what does this mean for Bitcoin? Will Beijing take steps to remove and/or block prohibited information being distributed inside of the Great Firewall via the Bitcoin Blockchain hosted on nodes operated by Chinese Bitcoin Miners?
submitted by Barkey_McButtstain to Bitcoin [link] [comments]

Wargame scenario: If the Great Firewall of China was used to attack Bitcoin or Bitcoin Cash, what would the effects be? /r/btc

Wargame scenario: If the Great Firewall of China was used to attack Bitcoin or Bitcoin Cash, what would the effects be? /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin Unlimited to Send 'Thin Blocks' Thru Great Firewall of China

Bitcoin Unlimited to Send 'Thin Blocks' Thru Great Firewall of China submitted by sandakersmann to btc [link] [comments]

Bitcoin Magazine: Why the Great Firewall of China Is Causing Serious Issues for Bitcoin Miners

Bitcoin Magazine: Why the Great Firewall of China Is Causing Serious Issues for Bitcoin Miners submitted by BobsBurgers3Bitcoin to btc [link] [comments]

Why the Great Firewall of China Is Causing Serious Issues for Bitcoin Miners

submitted by marcladerer to China [link] [comments]

Why the Great Firewall of China Is Causing Serious Issues for Bitcoin Miners

Why the Great Firewall of China Is Causing Serious Issues for Bitcoin Miners submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Great Firewall of China Breached by Bitcoin Blockchain: The iconic image of the bravely defiant Tiananmen Square Tank Man who symbolizes the power of the individual against the might of the Totalitarian Chinese Communist State is now permanently embedded on the Bitcoin Blockchain. /r/btc

Great Firewall of China Breached by Bitcoin Blockchain: The iconic image of the bravely defiant Tiananmen Square Tank Man who symbolizes the power of the individual against the might of the Totalitarian Chinese Communist State is now permanently embedded on the Bitcoin Blockchain. /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: Great Firewall of China Breached by Bitcoin Blockchain: The iconic image of the bravely defiant Tiananmen Square Tank Man who symbolizes the power of the individual against the might of the State is l /r/China

Bitcoin mentioned around Reddit: Great Firewall of China Breached by Bitcoin Blockchain: The iconic image of the bravely defiant Tiananmen Square Tank Man who symbolizes the power of the individual against the might of the State is l /China submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Great Firewall of China Breached by Bitcoin Blockchain: The iconic image of the bravely defiant Tiananmen Square Tank Man who symbolizes the power of the individual against the might of the Totalitarian Chinese Communist State is now permanently embedded on the Bitcoin Blockchain. /r/Bitcoin

Great Firewall of China Breached by Bitcoin Blockchain: The iconic image of the bravely defiant Tiananmen Square Tank Man who symbolizes the power of the individual against the might of the Totalitarian Chinese Communist State is now permanently embedded on the Bitcoin Blockchain. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Why the Great Firewall of China Is Causing Serious Issues for Bitcoin Miners

Why the Great Firewall of China Is Causing Serious Issues for Bitcoin Miners submitted by davidbaileybtcmedia to Bitcoin [link] [comments]

[Episode] Bitcoin Unlimited to Send 'Thin Blocks' Thru Great Firewall of China

[Episode] Bitcoin Unlimited to Send 'Thin Blocks' Thru Great Firewall of China submitted by TheDailyDecrypt_bot to TheDailyDecrypt [link] [comments]

BITCOIN FIREwall sale, Chinas Great Firewall, SEC & CFTC ... GREAT FIREWALL OF CHINA! - YouTube PandoHouse Rock: The Great Firewall Of China Song - YouTube Internet censorship in China  The Great Firewall of China ... Michael Anti: Behind the Great Firewall of China - YouTube

Bypass China’s Great Firewall with Project Fi. Photo by Hanson Lu on Unsplash. Project Fi* is an incredible phone service offered by Google.For Americans who travel abroad, it can save a ton of money over traditional carriers. The ‘Great Firewall’ can’t stop OTC Bitcoin Trading in China. By Lutpin - March 18, 2017. 182. 0. SHARE. Facebook. Twitter . tweet; The popular opinion worldwide is Bitcoin trading cannot be stopped even by the very rigid censorship of the Chinese Government and the People’s Bank of China on crypto currencies. Bitcoin exchanges have introduced unique procedures such as “Know your ... In China, they’re all inaccessible behind the ‘great firewall’, which refers to internet censorship in the so-called ‘red dragon’. Since the introduction of revamped regulatory measures by most Chinese Bitcoin exchanges, bitcoin trading seems to have, at least in part, shifted to over the counter markets; in particularly, Localbitcoins. The Great Firewall of China observes and censors all of Chinese internet traffic, and this impacts the Bitcoin network Bitcoin has dropped markedly since China banned the cryptocurrency from its country Ban on crypto. The Chinese government recently declared a ban on cryptocurrency. The state said the currency was too difficult to control and allowed for illicit purchases. It plans to block major websites like Coinbase, Kraken or Cex.io through its “great firewall” Will it work? China has successfully ...

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BITCOIN FIREwall sale, Chinas Great Firewall, SEC & CFTC ...

Michael Anti (aka Jing Zhao) has been blogging from China for 12 years. Despite the control the central government has over the Internet -- "All the servers ... Everyone knows about the Great Firewall of China. The Chinese government restricts certain platforms on the internet and this has lead to numerous claims of ... "The Great Firewall of China" is one of the most powerful tools ever created for controlling public discourse. And yet it's also a notoriously leaky construc... Golden Shield Project - The Great Firewall of China A model for the coming Internet censorship crackdown in your country. All in the name of cyber security? Enjoy a relatively open and accessible ... Thanks for checking out MindRX! This video explores the Great Chinese Firewall. The world is an amazing place that offers so much to explore. Join us as for ...

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