Stellar Foundation, who created the Stellar Lumens coin (XLM), are able to shut down XLM addresses that engage in fraud. Stellar scammers often send small payments to other XLM wallets at random with a memo to visit a scam site.

Can Vitalik and Ethereum do the same to ETH wallets: close fraudulent accounts?


The owner of a specific token can maintain a "blacklist" in the context of his token's contract. In relation to the whole Ethereum, the implementation of this is unlikely, if only due to the absence of a owner from the public Ephereum.

  • what do you mean by absence of an owner? – user610620 Jan 16 at 9:31
  • There is no one who clearly owns the public Ethereum and serves as its institutional regulator. In private clones of Ethereum and private platforms created on their basis, account blocking mechanisms are quite successfully implemented. – Mad Jackal Jan 16 at 11:27
  • by "private clones of Ethereum", you mean ERC20 tokens like Chainlink and UNI (regardless if they implement blocking mechanisms)? – user610620 Jan 16 at 12:00
  • No, I mean private networks built on the protocol and using Ethereum software, original or modified (geth, for example). For example, cross-company trade finance networks, digital asset networks and the like. They are in no way connected with the public Ethereum. – Mad Jackal Jan 16 at 12:27
  • by Ethereum software do you mean solidity – user610620 Jan 16 at 12:33

Actually Ethereum Wallet can not be deleted but yes the owner or admin of the wallet can maintain his blacklist of his tokens contracts. Indefinite access to the Mastodon project is an intrinsic feature programmed into the smart contract to enable continued participation in the matrix project.

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