Cryptocurrencies

    Revolution unleashed with bIoXroute lab's MEV dismissing OFAC blocks

    Article Image

    BloXroute Labs, a major producer of censorship-resistant blocks on Ethereum, has reversed its stance and announced it will start censoring OFAC-sanctioned blocks across all of its Maximal Extraction Value (MEV) relays.

    The decision to censor these blocks is to comply with local laws.

    This move was seen as a blow to Ethereum censorship resistance.

    A block is deemed an "OFAC transaction" if it interacts with a wallet that has been sanctioned by the United States Office of Foreign Asset Control (OFAC).

    Disclaimer

    Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relates to your unique circumstances. Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on the information provided directly or indirectly by use of this platform.

    Publisher
    Grafa