Fewer Than Half of New Ethereum Blocks Over the Past 24 Hours Are OFAC Compliant

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Fewer Than Half of New Ethereum Blocks Over the Past 24 Hours Are OFAC Compliant
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The reduction in the percentage of OFAC-compliant blocks comes as more noncensoring options make up a larger share of the blockspace market cryptauxmargaux reports

transactions for U.S. people in August, there was a swift response by validators on the Ethereum blockchain to exclude sanctioned transactions. For many in the crypto industry, such moves were decried as censorship – directly counter to the vision of a decentralized network free from government interference.

This is a significant decrease in censorship from Ethereum’s past. Ethereum hit an all-time high for censorship on Nov. 21, when 79% of blocks relayed on Ethereum excluded OFAC-sanctioned transactions. The last time that Ethereum’s censored blocks were below 50% was Oct.16.

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