Over 60% Of Ethereum Blocks Are OFAC Complaint, A Reason To Worry?

When Ethereum finally moved from a Proof of Work (PoW) to a Proof of Stake (PoS) mechanism, it had been done to much fanfare in the community. Most celebrated the new promise of better efficiency and significantly less energy consumption. However, just months after the upgrade, a new problem has reared its head and that is how much easier it is to sanction ETH transactions.

60% Of Ethereum Blocks Follow OFAC

Back in August, the US Office of Foreign Assets Control (OFAC) imposed sanctions on…


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