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    rysiek@mastodon.technology's status on Saturday, 15-Oct-2022 22:08:23 JST rysiek rysiek
    • web3 is going just great

    "You can't censor the blockchain", episode over9000:
    https://web3isgoinggreat.com/single/over-51-of-blocks-validated-on-the-ethereum-chain-are-censored

    > On October 14, Ethereum reached a milestone that alarms many who have pushed for blockchains as "censorship-proof" technology. More than 51% of blocks produced in the preceding 24 hours were processed by relays that filtered out transactions involving Tornado Cash, a crypto mixing service that was added to the U.S. sanctions list in August.

    I love @web3isgreat ?

    #web3

    In conversation Saturday, 15-Oct-2022 22:08:23 JST from mastodon.technology permalink

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      Over 51% of blocks validated on the Ethereum chain are censored
      from @molly0xfff
      On October 14, Ethereum reached a milestone that alarms many who have pushed for blockchains as "censorship-proof" technology. More than 51% of blocks produced in the preceding 24 hours were processed by relays that filtered out transactions involving Tornado Cash, a crypto mixing service that was added to the U.S. sanctions list in August.This 51% threshold doesn't pose an immediate threat to Tornado Cash users, because even validators that censor transactions will still attest to the validity of blocks created by non-censoring validators. However, if 51% or more of validators were to also stop attesting to non-censored blocks, they would no longer be able to be added to the chain.
    • twl likes this.

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