Is USA Controlling Ethereum?

October 27, 2022

Over the past month, there has been an increase in OFAC-compliant blocks produced on Ethereum due to using MEV relays such as Flashbots.

In the same period, 46% of all blocks produced on the Ethereum blockchain also censored transactions that included OFAC-sanctioned addresses.

63% of all total blocks were also OFAC compliant during the past 24 hours

99% of the latest relay blocks are censoring the network.

Following OFAC sanctions on Ethereum, Vitalik Buterin, the founder of Ethereum, called for validators to be slashed if censorship were to occur at the protocol layer.

Editor in Cheif at Swan Bitcoin, Tomer Strolight, took to Twitter to ask, “Why is nobody talking about this?”

Ethereum now has most of its network beholden to a U.S. entity in the form of OFAC.