Bankless 134 - Ethereum Uncensored with Justin Drake
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Aug 29, 2022 
Justin Drake, a researcher at the Ethereum Foundation, dives into the pressing issue of censorship resistance on Ethereum. He examines the difference between weak and strong censorship and the implications for user autonomy. The conversation explores the technological solutions like Lite clients and decentralized interfaces that can enhance censorship resistance. Drake emphasizes the necessity for diverse validators and community awareness to counteract potential threats from centralized entities and unethical actors, keeping Ethereum's principles intact.
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Censorship Resistance & Monetary Premium
- Censorship resistance is crucial for credible neutrality, which in turn is vital for monetary premium.
- This premium enhances economic security through staking and boosts economic bandwidth in DeFi, making censorship resistance essential for Ethereum's success.
Pillars of Credible Neutrality
- Credible neutrality relies on three pillars: censorship resistance, scalability, and full programmability.
- These pillars ensure equal access for all users, positioning Ethereum as a truly inclusive platform.
Economic Censorship
- Ethereum's EIP-1559 allows for an objective definition of economic censorship based on valid, fee-paying transactions.
- This definition, detectable by machines, helps identify censorship when transactions aren't included despite available block space and paid fees.