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The Chopping Block: Why DeFi May Be Over-Complying With Tornado Cash Sanctions - Ep. 392 - Publication Date |
- Sep 03, 2022
- Episode Duration |
- 00:59:44
Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi and Tom Schmidt chop it up about the latest news in the digital asset industry. In this episode, Jill Gunter, the empress of Espresso, also joined the conversation.
Show topics:
Whether product management is the new consulting
What is going to happen with macroeconomics and whether monetary policy is data-driven
Why Jill’s faith is getting renewed, especially after listening to Fed authorities
The TL;DR on the Ava Labs conspiracy story
Why the industry needs a decentralized RPC
The role of Flashbots and Ethermine in censoring transactions
Potential over-compliance from the biggest crypto projects on how to deal with sanctioned addresses
Whether social slashing allows Ethereum to stay uncensored
The importance of educating regulators on crypto
What Haseeb thinks lawyers would recommend to Coinbase about validating transactions from sanctioned addresses
The significance of both transactional and application-layer privacy
How stablecoin providers need to implement some basic levels of privacy
Why corporations do not run Ethereum and whether users are pro-OFAC restrictions
Hosts
Haseeb Qureshi, managing partner at Dragonfly Capital
https://twitter.com/hosseeb
Tom Schmidt, general partner at Dragonfly Capital
https://twitter.com/tomhschmidt
Guest
Jill Gunter
Twitter:
https://twitter.com/jillrgunter
Episode Links
Tornado Cash
Treasury Press release
Tornado Cash developer arrested
Circle freezes USDC in sanctioned wallets
Crypto exchange dYdX blocked accounts that received funds from Tornado Cash
What the sanctions mean for privacy coins
Celebrities get dusted
Previous coverage of the Tornado Cash Sanctions on Unchained:
Is TRM Labs Blocking Addresses From DeFi Protocols? Ari Redbord Says No
Tornado Cash Sanctioned. Did the Government Overstep Its Bounds?
The Chopping Block: Did OFAC Overstep by Sanctioning Tornado Cash?
Ava Labs Accusations:
CoinDesk article
Crypto Leaks article
Social Slashing and Censorship on ETH
Axios summary of the situation
BitMex research on how the sanctions affect Ethereum
Ethermine banning transactions
Nic Carter’s article
Eric Wall’s article on social slashing
Hetzner banning Ethereum users
Previous Coverage on Unchained
Given the Sanctions on Tornado Cash, Is Ethereum Censorship Resistant?
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