{"id":551587,"date":"2023-02-14T08:35:00","date_gmt":"2023-02-14T05:35:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ofac-compliant-blocks-on-ethereum-hit-three-month-low-of-47\/"},"modified":"2023-02-14T08:35:00","modified_gmt":"2023-02-14T05:35:00","slug":"ofac-compliant-blocks-on-ethereum-hit-three-month-low-of-47","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ofac-compliant-blocks-on-ethereum-hit-three-month-low-of-47\/","title":{"rendered":"# OFAC-compliant blocks on Ethereum hit three-month low of 47%"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3dd26232253\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3dd26232253\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/ofac-compliant-blocks-on-ethereum-hit-three-month-low-of-47\/#%E2%80%9D_OFAC-compliant_blocks_on_Ethereum_hit_three-month_low_of_47_%E2%80%9C\" >&#8221; OFAC-compliant blocks on Ethereum hit three-month low of 47% &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_OFAC-compliant_blocks_on_Ethereum_hit_three-month_low_of_47_%E2%80%9C\"><\/span>&#8221; OFAC-compliant blocks on Ethereum hit three-month low of 47% &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-4bbf85c5>The percentage of Ethereum blocks complying with orders set by the United States Office of Foreign Asset Control (OFAC) has now fallen to 47% \u2014 the lowest level since Oct. 11.\u00a0<\/p>\n<p>The latest milestone in reversing censorship comes nearly three months after the percentage of OFAC-compliant blocks peaked at 79% on Nov. 21. <\/p>\n<p>OFAC-compliant blocks are those that exclude transactions involving parties sanctioned by the U.S. Treasury Department\u2019s Office of Foreign Assets Control.<\/p>\n<p>A fall in compliant blocks could be seen as a win for those who\u00a0oppose censorship within the Ethereum ecosystem.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/cde20b48-2e54-447d-8a28-56c34935c3dd.jpg\" alt=\"\" title=\"\"><figcaption style=\"text-align: center;\"><em>Percentage of OFAC-compliant blocks following the Ethereum Merge on Sept. 15. Source. <\/em><em>MEV Watch.<\/em><\/figcaption><\/figure>\n<p>Blockchain consulting firm Labrys, the creator of MEV Watch, said in a statement thathe fall may be attributed to more validators opting to use MEV-boost relays that do not censor transactions in accordance with OFAC requirements.<\/p>\n<blockquote><p>\u201cIn particular, the BloXroute Max Profit relay, Ultrasound Money relay and Agnostic Boost relay have picked up most of the change in market share.\u201d<\/p><\/blockquote>\n<p>MEV-boost relays act as trusted <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tors between block producers and block builders, which enables Ethereum validators to outsource their block production to other block builders.<\/p>\n<p>Lachlan Feeney, the CEO of Labrys, said in a Feb. 14 statement that he\u2019s h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>y with how the Ethereum community has responded to the censorship issue since it first surfaced post-Merge.<\/p>\n<p>He noted the recent fall in censorship-compliant blocks was particularly notable given it was achieved without a user-activated soft fork (UASF). He noted that\u00a0\u201cmany members\u201d of the Ethereum community had called for the soft fork prior to the Merge to combat censorship. <\/p>\n<p>\u201cI am incredibly proud of the Ethereum community for the progress we have made with this issue,\u201d said Feeney, adding: <\/p>\n<blockquote><p>\u201cWhen we released the MevWatch tool drawing attention to a flaw within Ethereum, the community did not stick its head in the sand but instead rose to the occasion and made significant progress addressing the issue.\u201d<\/p><\/blockquote>\n<p>However, \u201cthere is still more work to be done,\u201d Feeney stressed.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Ethereum at the center of centralization debate as SEC lays claim <\/em><\/strong><\/p>\n<p>OFAC most notably sanctioned\u00a0Ether (ETH) and USD Coin (USDC) wallet addresses that transact using the Ethereum-based privacy mixing tool Tornado Cash on Aug. 8.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/9beb18e6-7ee8-45bf-8ebf-622927143c6a.jpg\" alt=\"\" title=\"\"><figcaption style=\"text-align: center;\"><em>A visualization of the last 100 blocks showing which are OFAC-compliant. Source. <\/em><em>MEV Watch<\/em><\/figcaption><\/figure>\n<p>After the first 24 hours of Ethereum under its new proof-of-stake consensus mechanism on Sept. 16, only 9% of blocks were OFAC-censored.\u00a0<\/p>\n<p>However this figure sharply increased over the next two months, peaking at 79% on Nov. 21.<\/p>\n<p>The percentage of OFAC-compliant blocks then hovered around the 68-75% range until Jan. 29 when it was 66%. Since then, it has steadily decreased despite a few minor spikes.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/ofac-compliant-blocks-on-ethereum-hits-three-month-low-of-47\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; OFAC-compliant blocks on Ethereum hit three-month low of 47% &#8220; The percentage of Ethereum blocks complying with orders set by the United States Office of Foreign Asset Control (OFAC) has now fallen to 47% \u2014 the lowest level since Oct. 11.\u00a0 The latest milestone in reversing censorship comes nearly three months after the percentage&#8230;<\/p>\n","protected":false},"author":1,"featured_media":551588,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/a2ea50b7-56c9-4ad2-b913-3c6392d68e25.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74891,78425,76098,74880,75269,74355,117,32128,70934],"class_list":["post-551587","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-ethereum","tag-hard-fork","tag-soft-fork","tag-transactions","tag-us-government","tag-adoption","tag-business","tag-censorship","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/551587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=551587"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/551587\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/551588"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=551587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=551587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=551587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}