Saturday, February 4, 2023

Censorship on Ethereum

By DAC000 , in Ethereum Regulation , at October 17, 2022 Tags: ,

has hit the critical 51% threshold, meaning a majority of validators on this blockchain are actively removing transactions involving blacklisted addresses. About a three minute read.

Comment: The Gas Boys have a problem, this isn’t how cryptocurrencies are supposed to work; a key design consideration is censorship resistance. Instead Ethereum bowed to US demands arising from The Tornado Mixer debacle. This is a just the start of a very, very, slippery slope. What else can I say but buy Bitcoin.