For a short time period ~40% of bitcoin miners and 46% of ETH validators consored tx at the blockchain level preemtively. The authors point out that had 50% of nodes censored (permanently), the OFAC attack would have been successful. [1]
It seems Monero will not be included in the OFAC list - are there legal reasons? Whats your take? Will feds try to take over mining?
[1] Blockchain Censorship pdf (https://arxiv.org/pdf/2305.18545) The academics seem to advice govts to attack the consensus mechanism directly, and point to how successful this was in the case of TornadoCash and Blender.io. The presentation of data is bent toward this argument IMHO.
This. It would be a terrribly shameful experience and risk a boomerang effect. Much of tyrant’s power is based on a deer-in-the-limelight effect. They access very carefully what’s feasible.