-
Exploring the Issue of Censorship on the Ethereum Network: SlateCast #43
- Liam Akiba Wright
- 2023-01-08
- 4020
- ETH
-
Summary:CryptoSlate's Akiba interviews Lachlan from Laybrys to discuss the ethical implications and potential consequences of censorship on the Ethereum network, including the role of Validators, OFAC sanctions, and the decentralized nature of Ethereum.
In SlateCast in this episode, Akiba of CryptoSlate communicated with Lachlan of Layrys, the enterprise behind the website mevwatch.info, and discussed the review problems of Ethereum Internet, especially the authentication process outsourcing its blockchain production to MV boost wireless relay, and the latter has the strength to review sales. This has resulted in the phenomenon that about 90% of the transactions of Ethereum on the Internet have been reviewed.
Akiba explained that it was under review for fear of following the ban of OFAC (Office of Other National Property Manipulation Companies). The certification staff is using MV boost wireless relay to review the trading transactions originating from some countries and involving some individuals and institutions, so as to prevent violation of this ban and punishment or other penalties.
Then, the podcast further discusses the motivation behind the review and its role in the Ethereum network. Lakeland stressed that most of the verifiers were in a dilemma because they could get more money by outsourcing mass production to MV variable pressure solenoid valves. If they stopped doing so, they might be banned. He also discussed the objective fact that Vitalik Buterin, the founder of Ethereum, was relatively silent on this issue, and the effectiveness of his community in dealing with this issue.
Subsequently, the conversation evolved to discuss the potential adverse effects of the review, including the possibility of formulating a large number of binding laws and regulations and the possibility of Ethereum being completely reviewed. He also considered the possibility of short-term repair, such as data encryption memory pool, which will be implemented in the middle and later stages.
The review of rules and regulations has ideal and other harms, including the possibility that OFAC can efficiently manipulate the events of Ethereum on the network, and its reasonable and legal application examples (such as the cases involving sandstorm cash) will be affected. The speaker also discussed the importance of the community in dealing with this problem, and confirmed to the regulatory authorities that the review of rules and regulations is not as simple as the development of new regulations.
The solution may be implemented in terms of the agreement, and the necessity of Ethereum Internet review level may be reduced in a short time. The podcast also said that it is necessary to preserve the centrality of Ethereum and prevent the case that creating a better future is likely to be further reviewed.
In a word, the podcast described the difficult problems of Ethereum Internet censorship and its potential adverse effects on digital currency and customers. It also stated that solutions must be implemented as soon as possible to ensure the centrality of Ethereum and avoid the possibility of further review.
For additional information, please refer to the detailed collection above Feifei Cinema.
Disclaimer:As an open information publishing platform, shilian only represents the author's personal views and has nothing to do with shilian. If the article, picture, audio or video contains infringement, violation or other inappropriate remarks, please provide relevant materials and send it to: 2785592653@qq.com.
Hint:The information provided on this site does not represent any investment suggestion. Investment is risky, and you must be cautious when entering the market.
ShilianFan group:Provide the latest hot news, airdrop candy, red envelopes and other benefits, WeChat: rtt4322.
Master the information
scan it,App download
Download