Cardano Founder Criticizes Ethereum Over Rising Censorship Concerns
Ethereum's Censorship Concerns
Charles Hoskinson, founder of Cardano, has criticized Ethereum over its increasing censorship issues, likening it to the horror movie "The Shining." His comments come amid growing concerns that over 70% of Ethereum blocks are now OFAC compliant, effectively censored.
The Role of OFAC Compliance
Ethereum's compliance with the Office of Foreign Assets Control (OFAC) has raised alarms in the crypto community. This compliance allows the U.S. government to monitor and enforce sanctions, undermining Ethereum's decentralized vision. The network has reportedly censored over 70% of its blocks to meet OFAC standards.
Mev-Boost and Censorship Risks
The use of mev-boost, a tool enabling validators to outsource block generation, has intensified censorship concerns. Post-Merge, Ethereum's shift to proof-of-stake has led to a rise in block proposers. However, only three out of seven available relays are non-OFAC compliant, as reported by mevwatch.info.
Profit Incentives and Decentralization
Despite community encouragement to use non-OFAC relays, OFAC-compliant relays remain more profitable for validators. This creates a financial incentive for censorship, further centralizing the network and compromising its decentralization goals.
Ethereum's Roadmap to Address Censorship
In response to these challenges, Ethereum's development team has included The Scourge phase in its roadmap. This phase aims to address mev-boost concerns and enhance decentralization on the network. Vitalik Buterin has emphasized the importance of this phase in maintaining Ethereum's integrity.
Conclusion
Hoskinson's comparison of Ethereum to "The Shining" reflects the growing unease over censorship and centralization in the network. As Ethereum works to address these issues, the crypto community remains vigilant, ensuring the network aligns with its founding principles of decentralization and freedom.
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