block production

The Censorship Threat: Who's in Control? The landscape of Ethereum block production is characterized by a significant concentration of power among a limited number of entities, which raises serious concerns about transaction censorship. As of October 2023, it has been observed that two major actors hold control over approximately 88% of the Ethereum blocks. This oligopolistic control enables these entities to have a notable influence on which transactions are included in the blockchain. Such control can lead to potential censorship of transactions that they deem undesirable or contentious. When these dominant actors choose to censor a specific transaction, it can effectively be excluded from…