Ethereum's Big Red Line
OCT 05, 2022
Disclosures: This video is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this episode. The host and members at Delphi Digital may personally own tokens or art that are mentioned on the show. Delphi’s transparency page can be viewed here.
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Ethereum is currently facing its largest test yet.
In August, the U.S. Office of Foreign Asset Control (OFAC) sanctioned Tornado Cash and arrested its creator Alexey Pertsev. This caused Flashbots, Ethereum’s largest block builder, and other decentralized applications (dApps) to start censoring transactions on Ethereum, a supposedly permissionless network.
How much power do the U.S. regulators have over Ethereum? Are Ethereum and its dApps truly decentralized? And will Ethereum survive?
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