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Ethereum is grappling with the risk of censorship after The Merge

From theblock.co

Last month, the US Office of Foreign Assets Control (OFAC) blacklisted decentralized crypto mixer Tornado Cash. The development marked the first time for the US government to sanction a smart contract. The ripple effects of this move have been critical for Ethereum with many stakeholders taking actions to comply with the sanctions. Circle, dYdX, GitHub, Infura, Oasis and Alchemy all took steps by blocking sanctioned addresses — and related ones — from accessing their products and services. The situation has also made Ethereum supporters and developers worry that these steps portend a more problematic future, one ... (full story)

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  • Category: Fundamental Analysis