Leaked Bitcoin Foundation Docs Discuss Transaction Reversing, Bitcoin Blacklists, More

Jayanand Sagar | November 15, 2013 | 11:16 am

Leaked Bitcoin Foundation Docs Discuss Transaction Reversing, Bitcoin Blacklists, More

Jayanand Sagar | November 15, 2013 | 11:16 am

Information SymbolA series of private documents with discussions not meant to be seen by all eyes have been leaked on the BitcoinTalk forums today, pointing at some features that perhaps threaten the very idea of Bitcoin as we know it.

The documents discuss Bitcoin blacklisting, transaction reversing, and proof of sacrifice — a new proof of work for asset forfeiture. The original poster of the documents added the following:

“It is VERY important that you understand what is going on behind closed doors of the Bitcoin Foundation. I am absolutely disgusted by the approach the foundation is taking to make Bitcoin no longer an open payments system, but rather a restricted, locked down platform with central control in the form of the current certificate authority structure, blacklisting of Bitcoins, reversing transactions and much more.”

It’s not clear how the documents came to light, or even if they’re authentic, but it’s perhaps something you would like to know about. You can read the thread and documents here.

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