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- The co-founder of Gnosis introduced a smart contract.
- The smart contract will define whether the censorship at the protocol level of Ethereum is taking place or not.
The co-founder of Gnosis, Martin Koppelmann, built up a smart contract that will help in determining whether the censorship at the protocol level of Ethereum is taking place or not. The script operates by a client calling the “deploy” key by simply using the address that might be responsible for censorship because of its relationship with authorized protocols like Tornado Cash.
The client who is able to deploy the script will get a small reward from the smart contract every hour. When the “withdraw” key is later called, it will record the recent authorizer and the number of blocks that are passed in the duration it could have called earlier.
Then, an investigation can be processed against any miners who generated blocks that had the chance to add up the transaction but rejected to do so. Should a miner be founded to have censored transactions, Koppelmann explained that “this could give unbiased data for a powerful decision to hack certain validators.”
Gitcoin grants address
The smart contract was set up to detect Gitcoin grant addresses that earlier funded Tornado Cash. The very first withdrawal was logged on Wednesday evening in transaction “0x5e9c.”
After the news that withdrawals had started, Koppelmann stated that an “ambitious and automatic MEV landscape” should permit a true test of the fairness of block producers.
“At this phase it is definitely not block producer censorship- rather “searchers” have avoided it till now. The reasons are
- Very less money to be made
- No any desire to touch anything that may break permit
- MEV tooling (flashbots) may censor.”
Although, the first transaction was added in a block by Hiveon, which is well known for adding Tornado Cash transactions in its blocks till now. But, according to the reports of digital news provide, the largest mining pool on Ethereum, Etheremine is now not generating blocks that carry sanctioned addresses.
Koppelmann has trust that his code will gain success in its on-chain inquiry. He stated,
“Ultimately, it is still type of free money on the table and I am quite sure at some point someone will have it.”
Everyone is now looking at the records of the deployed smart contract to see whether Ethermine or other miners, generated blocks that avoids one of the Koppelmann transactions.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
