So it would be very difficult to prevent transactions from leaking out of or into the isolated zone:
A single peer in the whole country which is connected to the outside would be enough to leak all transactions.
[1] https://en.wikipedia.org/wiki/Flooding_(computer_networking)
so you wait for more block confirmations
I find it hard to believe the US couldn't really do it if it wanted to, or even China (since most btc is mined there), but details like these make me wonder. Does anyone have any interesting material to read regarding this?
this remains true if retail payments migrate to second layer solutions. the important thing is sharing the same base layer anchor.
block confirmations would have to increase to mitigate the likely orphaning of chains coming out of different zones.
it's a good example of why achieving its civilisational infrastructure goals requires lightweight blocks.
https://www.euronews.com/2019/02/12/russia-planning-to-disco...
How would bitcoin work if, say, half the network couldn't talk to the other half?