Twitter users highlighted the figures as a potentially unfortunate milestone towards Ethereum censorship.
to Cointelegraph in September, Lachan Feeney, Labrys' CEO, noted that in the case of hard censorship, that would mean that “no matter how long you waited, no matter how much you paid, you would never get to a point where those sanctioned transactions would get included in the blockchain.”
Under a hard censorship scenario, “nodes would be forced by regulation to basically discard any blocks with any of these transactions in them.” He also noted that even with soft censorship, when sanctioned transactions would eventually be validated, it would likely result in long waits and high-priority fees, making the user experience substandard.
According to Labrys' page, there are currently seven major mev-boost relays including Flashbots, BloXroute Max Profit, BloXroute Ethical, BloXroute Regulated, BlockNative, Manifold and Eden."Of the 7 available major relays, only 3 do not censor according to OFAC compliance requirements. OFAC compliant relays will not include any transactions that interact with the Tornado Cash smart contract or other sanctioned wallet addresses as designated by OFAC," stated the company.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ethereum Becoming Highly Centralized After Transition To Proof-of-Stake, Pundits WarnThe Ethereum Merge took the blockchain to a Proof-of-Stake (POS) consensus mechanism, ridding it of miners and replacing them with validators. While switching to PoS has several benefits, the downside is now trickling home.
Read more »
Is big tech draining AI talent from academia?AI talent's movement to industry is raising concerns about the future researcher workforce and maintaining ethical expertise
Read more »
Charley-Ann Patterson: Coroner to raise mental health concerns with governmentConcerns will be raised over child mental health services after Charley-Ann Paterson killed herself.
Read more »
Scientists transplant human brain cells into the brains of baby ratsScientists have transplanted human brain cells into the brains of baby rats, where the cells grew and formed connections, according to new research.
Read more »
Windsar Care Ltd: Residents ignored by staff at inadequate Slough homesInspectors visited the care home after concerns were raised about another owned by the same company.
Read more »
Offchain Labs acquires Ethereum core dev team Prysmatic LabsEthereum development team Prysmatic Labs has been acquired by Offchain Labs, combining their expertise in Ethereum layer 1 and layer 2 solutions.
Read more »