Ethereum News

99% ETH OFAC compliance to slow block time to 3hrs but not censor

Haru Invest

As the Office of Foreign Assets (OFAC) compliance levels continue to increase on the Ethereum blockchain, a researcher for Scroll ZKp attested to the fact that a censored transaction will still confirm faster on the ETH chain as opposed to a Bitcoin (BTC) blockchain transaction.

An Ethereum (ETH) block occurs every 13 seconds on average and hundreds of blocks are being validated hourly. Should ETH validators become 99% OFAC compliant, transactions will take an average of three hours — but will still be included in blocks.

Data from allows visitors to adjust the level of censorship/compliance on the Ethereum network to ascertain the time for a block that is censored by MEV-boost relays to be included in a block.

As of press time, the average percentage of OFAC-compliant blocks produced has reached 77.82% meaning that it will take over seven minutes for a non-compliant transaction to be included in a block with absolute certainty.

eth block time

Justin Bons, the CIO of Cyber Capital, contended that a Bitcoin block can take over an hour to process, while a block occurs every 13 seconds on Ethereum. However, the average time to produce a block on Bitcoin has not broken 12 seconds in the last quarter as stated by CryptoSlate’s Akiba in the post below.

By using the newly created, which builds on the infamous MEVwatch website,  it is possible to review the inclusion probability per number of blocks on a 99.08% OFAC-compliant ETH…

Click Here to Read the Full Original Article at Ethereum (ETH) News | CryptoSlate…