Ethereum transactions frozen for 12 seconds

Blockworks
Blockworks

30 Jun 2023 9:48 PM

The ‘censorship’ proof of concept sparked discussions on one of Ethereum’s core principles....

  • The Special Mechanisms Group (SMG) demonstrated how to force through an Ethereum block containing only their transaction by exploiting the proposer-builder separation feature.
  • Proposer-builder separation (PBS) aims to increase censorship-resistance on the Ethereum blockchain.
  • SMG engineers halted all transactions on Ethereum for 12 seconds to illustrate how easy it is to censor transactions.
  • The lone transaction in the block included a URL to a presentation and research paper on SMG's website.
  • Reactions to the demonstration were mixed, with some pointing out the limitations of delaying transactions using this method.

The sentiment of the article is neutral, as it presents the demonstration and reactions without taking a clear stance.

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You May Ask

What is the purpose of proposer-builder separation (PBS) on the Ethereum blockchain?How did the Special Mechanisms Group (SMG) demonstrate the ease of censoring transactions on Ethereum?What was the lone transaction in the block used for?What were the mixed reactions to the demonstration?

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