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    Vitalik Buterin Suggests Solution Against Ethereum Censorship

    According to MevWatch data, more than 73% of blocks on the Ethereum network are currently OFAC compliance, which is also known to be censored by the US financial regulator.

    Facing this situationVitalik Buterin and Flashbots research and development organization presented a solution. Profit maximization is the number one priority for validators despite the gradual spread of censorship on the network. Thanks to MEV, validators increase their rewards to 60% by selling free block space.

    Source: Flashbots

    However, OFAC compliance is not something a decentralized network should boast about, given the lack of transparency in the regulator’s decision-making process. To avoid future conflicts, a new solution has been introduced to reach a consensus between enhanced profitability and network resilience.

    A new feature will allow validators to maximize censorship resistance by building low-MEV blocks locally while outsourcing “expensive” blocks and selling block space for free. Those willing to accept a “censored” transaction will be able to do so thanks to the decreasing percentage of OFAC-compliant blocks on the network. This solution is considered to be a breakthrough in maximizing profits using MEV accelerators and increasing network resiliency.

    However, some experts aren’t bewildered about OFAC compliance as almost any “restricted” transaction will eventually be made on the network if there is at least one validator willing to accept and process it. manage activities that others have declined. The case that no uncensored validators exist on the network is almost impossible.

    (Reference: u.today)

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