Sunday, November 27, 2022
HomeETHEthereum based software Flashbots extracts transaction related to Tornado Cash: Study

Ethereum based software Flashbots extracts transaction related to Tornado Cash: Study

On September 27, Toni Wahrstätter, an Ethereum researcher, published studies that showed that maximum extractable value (MEV) operator Flashbots censors all Tornado Cash transactions. According to Wahrstätter, out of the 19,436 Ethereum blocks created on Ethereum following The Merge utilizing Flashbots’ relay software (for MEV Boost) had a transaction related to Tornado Cash.

It would seem that Flashbots have begun filtering transactions automatically on their platform in order to ensure that they are following the various regulatory standards. This is consistent with the statements that Flashbots Strategy Lead Hasu made back in August, when he said that the company intended to screen out sanctioned transactions.

Toni Wahrstätter tweet:

Ethereum based software Flashbots extracts transaction related to Tornado Cash: Study

While Flashbots are responsible for 23% of all Ethereum blocks by themselves, it is probable that the real proportion of compliant Ethereum blocks is substantially higher. According to The Block researcher Steven Zheng, “This data presently only displays validators who employ MEV-Boost, but those that don’t may also be OFAC compliant via their own internal procedures.”

Based on the data, Flashbots seem to be the sole MEV relay that is contributing to transaction censoring. According to Wahrstatter, MEV relay providers like Blocknative, Eden Network, Bloxroute, and Manifold are still issuing blocks that include Tornado Cash transactions inside of them. This is in contrast to the assertions made by BloXroute Regulated, Eden Network, and Blocknative that they are complying with the fines.

Related Posts:

To get daily updates & trending news on crypto follow us on:

Facebook:- https://www.facebook.com/CryptoShrypto/

Instagram:-  https://www.instagram.com/cryptoshrypto_/?hl=en

Twitter:-  https://twitter.com/cryptoshrypto1

Youtube:-  https://www.youtube.com/channel/UCdAOUEQ3L_eYjU_NMDA1zxg 

Reporter
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

six + eleven =

- Advertisment -

Most Popular