BIPS proposal for implementing AML-KYC in bitcoin



Summary:

The email thread is a discussion regarding a proposal to create an AML-KYC module to control the network and qualify use cases in OFAC compliant way. The proposal was made by Prabhat Kumar Singh, who received feedback from other members of bitcoin-dev. In response to Singh's proposal, s7r replied with the message "2^256 x _NO_." The original proposal received criticism from esteemed members themselves, who argued that mining is insecure for society and security is passive. The discussion ends with Singh thanking the group and signing off in a polite manner.


Updated on: 2023-06-10T21:09:29.622424+00:00