Seriously educate yourself. You're being the guy in the op comment.
Guys cmon its really childish the boring same issues thrown around when theyve been answered and addressed a million times.
For a forum of "hackers" most are just hacks.
No single jurisdiction approaches anywhere close to majority, with #1)USA@21% †
The threshold isn't quite 50%+. If one of the 49% nodes mines a block with a would-be censored transaction, the censoring notes have to make an economic decision to try to mine a replacement block and then a second block on top of that to rewrite the chain. At 100% this is easy, but at just 51% it's a costly gamble that will frequently fail at a huge dollar cost.
A block costs $200k at current prices. At just over 50% of the network, you are gambling at least two blocks to force a rewrite.
Absolutely agreed; however, eventually some non-hostile miner will randomly generate an acceptable `nonce` [entire point of hashing/energy-usage] which DOES include the censored-by-some transaction.
An additional function of the node-verification network (which uses essentially no energy, relative to mining) it to maintain the entirety of `mempool`, which is where unaccepted transaction-attempts live until mined into a block [which is then "accepted/denied" by same node-pool].
tl;dr: as far a probabilities go, unless you own exactly 100% of mining pool, it is impossible to censor a tx from the node's mempool; all you can do with <100% is DELAY transactions.
You should probably better educate on bitcoin protocols/mining before you go spouting off unfamiliar stats.
†: #1)USA #2)Germany #4)France #5)Netherlands #21)China (via bitnodes.io)
> The world's top Bitcoin mining pools mainly come from China, with five pools being responsible for more than half of the cryptocurrency's total hash.
https://www.statista.com/statistics/731416/market-share-of-m...