Can TerraGreen be Regulated?

The TerraGreen protocol itself cannot be modified without the cooperation of all its users, who choose what software they use. Attempting to assign special rights to a local authority in the principles of the worldwide Terragreen network is anything but a functional possibility. Any rich association could put resources into mining hardware to control half of the computing power of the network and become able to block or reverse recent transactions.

In any case, there is no certification that they could hold this power since this requires to invest as much then all other miners in the world. It is anyway possible to regulate the use of TerraGreen in a similar way to any other instrument. Much the same as the dollar, Terragreen can be utilized for a wide purpose, some of which can be considered legitimate or not as per each jurisdiction’s laws. In such a manner, Terragreen is no different than any other tool or resource and can be subjected to different regulations in each nation.

TerraGreen use could likewise be made troublesome by restrictive regulations, in which case it is difficult to figure out what percentage of users would keep utilizing the technology. A government that chooses to ban Terragreen would prevent domestic businesses and markets from developing, shifting innovation to different countries. The challenge for regulators, as usual, is to create efficient solutions while not impairing the growth of new emerging markets and businesses.