ETH Validation Rate Increases Following OFAC Rules

US Office of Foreign Asset Control (OFAC) comply with regulations Ethereum MEV Boost The rate of validators continues to rise rapidly. According to mevWatch data, the percentage of validators complying with OFAC in the ETH network increased to 73%.

In the news we prepared in October, Ethereum We announced that 51% of validators are compliant with OFAC regulations. In less than a month, this rate has risen to 73%, causing concern among crypto experts. The rate of validators not complying with OFAC rules decreased to 15%.

Blockchain experts consider this situation alarming. According to experts, the fact that most of the MEV-Boost relays depend on a state’s regulation will lead to censorship. In the future, in the event of an emergency, validators may listen to OFAC’s directives and prevent certain transactions from taking place.

OFAC retains the authority to impose sanctions on business entities that do not comply with the rules in the US. The organization has previously decided to sanction some addresses in the Tornado Cash and ETH network.

With the last rise, the total blocks in the ETH network 45% It is subject to OFAC regulations.

Has Merge Ended Decentralization?

Implemented in the past few months Ethereum Merge The update has undoubtedly revolutionized energy consumption. ETH mining with graphics cards is a thing of the past.

However, the proof-of-stake verification system is the focus of different criticisms. Experts claim that after the PoS consensus is active, the control of the network is in the hands of the big exchanges.

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