Thursday, April 18, 2024
Home > Censorship (Page 2)

Ethereum inches even closer to total censorship due to OFAC compliance

Considering that protocol-level censorship is deterrent to the crypto ecosystem's goal of highly open and accessible finance, the community has been keeping track of Ethereum’s growing compliance with standards laid down by the Office of Foreign Assets Control (OFAC). Over the last 24 hours, the Ethereum network was found to

Read More

48% of Ethereum Blocks Face Censorship From OFAC-Compliant Flashbots – Technology Bitcoin News

For a couple of years now, MEV-Boost relays or Flashbots have become popular tools in order to gather the maximum value that can be extracted from Ethereum’s block production. However, in recent times, Flashbots have been controversial as people believe the technology threatens Ethereum’s censorship-resistance. This is because Flashbots

Read More

51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

One month after the Merge, 51% of Ethereum blocks were compliant with OFAC standards, according to blockchain development Labrys' data, as MEV-Boost relays take over market share. On Twitter, users highlighted how the figures represent a milestone towards censorship, as more blocks are under surveillance:We reached another sad milestone in censorship: 51%This

Read More

Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies – Bitcoin News

Prior to The Merge, Ethereum used to have dozens upon dozens of mining pools dedicating hashrate toward the blockchain network. That has all changed and most of the miners transitioned or plan on transitioning to other Ethash compatible coins like ethereum classic, ERGO, and the new fork ETHW. Now Ethereum

Read More

Ethereum may now be more vulnerable to censorship — Blockchain analyst

Ethereum’s upgrade to proof-of-stake (PoS) may make it more vulnerable to government intervention and censorship, according to the lead investigator of Merkle Science. Speaking to Cryptox following the Ethereum Merge, Coby Morgan, a former FBI analyst, and the Lead Investigator for crypto compliance and forensic firm Merkle Science expressed his thoughts

Read More

As Censorship on Ethereum Begins, Could This Open-Sourced Code Help Counter It?

Micah Zoltu, the founder of Serv.eth Support, a support service specializing in Ethereum decentralized applications (dapps), led the topic of censorship on the call. In a conversation with CryptoX, he remarked that the outcry around Flashbots’ decision to censor transactions was a wake up call for other relay providers. Now,

Read More