Welcome to reality after Ethereum merge - Ethereum blocks are now 51% OFAC compliant

Many of you don't know that MEV boost plays a huge rule in Ethereum ecosystem.

As a matter of fact, 51% of blocks on Ethereum blockchain after the merge are now OFAC compliant. So who is OFAC?

https://www.mevwatch.info

It stands for Office of Foreign Assets Control. It’s a financial intelligence and enforcement agency of the U.S. Treasury Department. It administers and enforces economic and trade sanctions in support of U.S. national security and foreign policy objectives.

In early August 2022, OFAC effectively sanctioned Tornado Cash and several Ethereum addresses associated with it.

What does it mean to you and decentralisation perspective? (Thanks to MEV Watch for this question and answer).

This metric tracks the percentage of blocks built by OFAC compliant mev-boost relays since the Merge (as a percentage of mev-boost proposed blocks or all blocks).

The Ethereum Merge that occurred on September 15, 2022, has enabled the rise of mev-boost due to the wider distribution of block proposers compared to a small set of miners in charge of block production under PoW. Mev-boost is a service that Ethereum POS Validators have the option to run to outsource their block production duties to the highest bidder, effectively increasing their APR. When setting up mev-boost, Validators add to their config which relays they would like to accept blocks from.

There are currently seven major mev-boost relays including Flashbots, BloXroute Max Profit, BloXroute Ethical, BloXroute Regulated, BlockNative, Manifold and Eden. Of the 7 available major relays only 3 do not censor according to OFAC compliance requirements. OFAC compliant relays will not include any transactions that interact with the Tornado Cash smart contract or other sanctioned wallet addresses as designated by OFAC.

Not all blocks built by OFAC compliant relays are censoring, however, all blocks built by OFAC compliant relays will censor when non-compliant transactions are broadcast to the network.

Edit #1: Thanks to this very bear market, I'm officially Bitcoin maxis now. Satoshi Nakamoto is absolutely a genius for choosing proof of work for Bitcoin. And of course 10 min/block.