Technical question for those who know how the EVM and how the smart contract governing USDC works...
The smart contrat that governs USDC tx on the Ethereum chain has the ability to blacklist addresses. Does that mean that everytime a new address is blacklisted, USDC tx are getting a bit more expensive (due to a bit more gas being used)?
There are only a few address blacklisted atm, but what shall happen if, say, 1000 addresses are blacklisted? What if 10 000 are blacklisted?
Also: does the smart contract that moves USDC use a dichotomic search to check if an address is blacklisted, making the gas usage log(n) or is it a very dumb (but easier to code) for loop over all the addresses, making the complexity O(n)?
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