[ETH Merge] ETH2's Decentralization Is under Questioning by the Crypto OGs

TwitterPubblicato 2022-08-16Pubblicato ultima volta 2022-08-17

Introduzione

ETH2 may not keep its decentralization promise

I want to shed light on a few questions that I think have been whitewashed by the Ethereum community over past couple of weeks.

While I'm extremely excited the Merge is happening, I'm also extremely worried we have not answered CRITICAL questions.

esp in light of recent news.

Start with the big, current one.

Currently it looks like over 66% of the beacon chain validators will adhere to OFAC regulations,

And while PBS is meant to prevent validators from censoring specific TX, i somehow believe will find a way to make sure it doesn't validate a block with T0rnado TXs.

If 66% of the validators will not sign specific blocks.

block builders / relayers who propose blocks with sanctioned tx's are less likely to be included, meaning these block builders will lose money, making the inclusion of such TX's economically inviable.

Now over the past month ethereum foundation, together with VitalikButerin has been scrambling to figure out the whole Block Proposer Separation methodology.

The likely interim winner is MEVBoost

What do you think, will they sanction OFAC addresses?

There is a case to be made here that the ethereum ecosystem has not reached sufficient social decentralization, and we are charting in very dangerous, nation state capture territory.

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