The percentage of OFAC-compliant blocks on the Ethereum blockchain has dropped to 27% from 80% in November 2022.
The daily percentage of Ethereum’s OFAC-compliant blocks dropped to 27% from 80% in November 2022.
Non-censoring MEV relay operators such as Ultra Sound Money and Agnostic are now being used by over 60% of validators.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.The percentage of OFAC-compliant Ethereum blocks has taken a significant plunge.
The percentage of blocks created using compliant relays has dropped to a daily rate of 27% from 80% in November 2022, according to data from analysis site mevwatch.info. This decrease reveals a substantial reduction in protocol-level censorship by Ethereum validators relying on the MEV Boost mechanism.
Maximum Extractable Value, or MEV, refers to the maximum value that can be extracted from block production, achieved by strategically reordering transactions within a block. In the Ethereum proof-of-stake blockchain, MEV is facilitated by the open-source software MEV Boost. This software assembles transactions and proposes blocks, relaying them to the block validators.
Validators use such software to help boost their earnings. MEV Boost operates in conjunction with various competing entities that run a type of software known as"relay software," which creates bundles of transactions for dispatch to validators.In August 2022, a shift occurred when some relay operators, including the largest one at the time, Flashbots,
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