That is an opinion editorial by means of Aaron Daniel, an appellate lawyer and writer of The Bitcoin Temporary criminal analysis e-newsletter.

Advent

New York’s legislative meeting handed Bill No. A07389 on June 2, 2022, “organising a moratorium on cryptocurrency mining operations that use proof-of-work authentication strategies,” equivalent to the ones utilized by Bitcoin, “to validate blockchain transactions” (hereinafter, the “Moratorium”).

In different phrases, the Moratorium singles out for legislation one of the various kinds of cryptocurrency protocol consensus algorithms. And it singles out for legislation the customers — “miners” or “validators” — of 1 particular form of set of rules.





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