Flashbots Resigns Following Disputes With The Team Regarding Censorship
Co-founder of Flashbots (FBs) Stephane Gosselin revealed on Twitter last month that he was leaving the maximal extracted value (MEV) business due to differences with the team.
Gosselin stated in a statement that maintaining censorship resistance is essential for a diversified and competitive MEV environment. Gosselin also expressed his pride in the project’s accomplishments.
“In the short term, I am hopeful that validators will avoid connecting to relays that perform censorship. Blockspace suppliers putting economic pressure against censorship will go a long way to making sure it does not become ubiquitous.” Gosselin
Flashbots has come under fire for allegedly facilitating censorship blockchain
Since The Merge, there has been a relative concentration of Ethereum validators on well-known staking pools using Flashbots relays. Flashbots has come under fire for allegedly facilitating censorship on the blockchain since the MEV provider chose to ignore transactions from authorized mixing service Tornado currency.
Flashbots Product Lead Robert Miller responded to worries about the purported restrictions by saying the company is looking into measures to lessen dominance and has open-sourced its code.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu