Is Ethereum now under U.S. control? 99% of latest relay blocks are censoring the network
Roughly 63% of all Ethereum blocks produced in the last 24 hours were OFAC compliant. Industry experts ask "why is nobody talking about this?"
Following OFAC sanctions on Ethereum addresses related to Tornado Cash and other global entities, many were concerned with the precedent set by the bans. Vitalik Buterin, the founder of Ethereum, called for validators to be slashed if censorship were to occur at the protocol layer.
However, over the past month, there has been an increase in OFAC-compliant blocks produced on Ethereum due to using MEV relays such as Flashbots.
Editor in Cheif at Swan Bitcoin, Tomer Strolight, took to Twitter to ask, “Why is nobody talking about this?” The answer may lie in the complexity of the issue. Yet, a valid point is made that censorship through relayed blocks should not be ignored. Read More...