Aug 17, 5:07pm: Will Coinbase censor Ethereum 2.0 transactions due to OFAC sanctions? → Will Coinbase censor Ethereum 2.0 transactions due to U.S. Treasury (OFAC) sanctions?
Coinbase controls Ethereum PoS validators. Will it use them to comply with recent OFAC sanctions against Tornado Cash (https://home.treasury.gov/news/press-releases/jy0916) after Ethereum completes its PoS upgrade to Ethereum 2.0?
Lane writes: 'exchanges like Coinbase (and others, but I'm going to pick on Coinbase) centralize custody of double-digit percentage of all PoS validators. We don't actually know how much of the stake they control, but it's a lot.'
source:
https://twitter.com/lrettig/status/1559722352778399745?s=20&t=D3DxQWhpjlAFb5BMf-sAEg
Sep 2, 7:24am: If Coinbase refuses to include certain transactions like those interacting with tornado cash, this will resolve to YES.
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@PeterBorah hmmm this seems pretty censorial to me, have you seen a coinbase rep talking about this? How do you think it should resolve in that case?
@ian I haven't seen a Coinbase rep talking about it, but it's a frequent speculation in Ethereum circles.
I guess it depends on if your intent is more like "Will Coinbase take some censorious action?" (in which case it should resolve YES), or "Will Coinbase use its influence to cause Ethereum to become censored overall?" (in which case it should resolve NO, as Coinbase only censoring their own blocks would slow down but not prevent sanctioned transactions). Either strikes me as a plausible interpretation!
@PeterBorah Hmm I think if Coinbase doesn't include certain transactions in its own blocks this will count as YES. This question is specifically addressing transactions, but maybe we should create a market on any censorious action!