【Real-time update】Which Ethereum Staking operators should face up to the U.S. regulation?

Since the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced on August 8 that Tornado Cash would be included in the Sanctions List (SDN), the crypto community has expressed concern about its own “decentralization” and “resistance to censorship.” ” features were revisited and explored in depth. Among them, the most discussed project is Ethereum, which is about to usher in a "merger" event.

As we all know, after the merger, Ethereum will move towards the era of PoS consensus. According to  Dune Analytic data, currently 74.5% of the pledged ETH on the beacon chain is provided by pledge service operators master. Among them, the five operators Lido Finance (30.9%), Coinbase (14.7%), Kraken (8.4%), Binance (6.7%), and Staked.us (3.02%) hold a total of 63.72% of the pledged ETH. The degree of transformation is obvious. What worries the community even more is that once these operators decide to comply with regulatory review requirements, regulators (such as OFAC) can implement protocol-level reviews of Ethereum.

In this regard, God V took the lead in making a strong statement: If the supervision is reviewed by certain verification nodes, it will be regarded as an attack on Ethereum, and a wider consensus (social consensus) will be chosen ) to destroy these nodes.

V God’s statement undoubtedly set the tone and brought confidence to the Ethereum community, so these operators who provide pledge services face review requirements Where to go, BlockBeats will update its position in real time.

Hetzner  

August 27th, hosting about 10% of Ethereum nodes Hetzner The official social account stated in reply to the encryption node license question that it is not allowed to use Hetzner products for any mining-related applications, even remotely related applications, including Ethereum. Hetzner said that he knows that there are many Ethereum users who have been discussing internally how to solve this problem in the best way.

Coinbase

On August 18, Coinbase CEO Brian Amstrong spoke at On social media stated that if regulators require the platform to censorship, Coinbase will shut down staking services to preserve network integrity. He also said: "You have to look at the big picture, and other better options, such as a legal challenge, might lead to a better outcome."

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Lido Finance

On August 19th, the Ethereum pledge with the highest current market share According to the operator Lido Finance, Lido's mission is to make staking easy and secure, And keep Ethereum (and other PoS networks) decentralized and censorship resistant.

Furthermore, around the above concerns, at the Ethereum All Core Developers (ACD) conference call that ended on August 18, Ethereum developers proposed Social Slashing can be used to punish the operator's transaction review behavior, that is, to coordinate Ethereum to implement a hard fork to eliminate illegal verification nodes. The developers also say that unfavorable legislation forcing staking service operators to vet transactions could cause them to move out of the US.

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