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Definizione BuilderProposer-builder separationPBSMEV-Boost

Block Builder

A specialized party that assembles the contents of a block and sells it to the validator whose turn it is to propose.

Proposer-builder separation splits two jobs that used to belong to one participant: deciding what goes in a block, and signing it as the network's chosen proposer. On Ethereum this is implemented outside the protocol through MEV-Boost, where builders compete by bidding for the right to have their block used, relays pass the winning header to the proposer, and the proposer signs it without seeing the contents until it is committed. The arrangement lets a small home validator capture ordering value it could never find itself, at the cost of relying on relays and on a builder market that has tended to concentrate among a few firms, which raises censorship-resistance concerns. Building the separation into the protocol itself is an active area of research.

In pratica

A validator running MEV-Boost signs the highest-bidding header supplied by a relay, and receives the bid amount whether or not it could have constructed a comparable block alone.

Il malinteso più comune

Outsourcing block building is not outsourcing validation; the proposer still signs the block and remains responsible, including for slashing.

02

Termini correlati

MEV The extra value a block producer can capture by choosing which transactions go into a block and in…
Mempool The waiting area of transactions that have been broadcast to the network but not yet included in a…
Priority Fee An optional extra fee per unit of gas paid to the block producer to encourage faster inclusion of a…
Sequencer The party that receives layer 2 transactions, decides their order, and packages them for posting to…
Validator A participant in a proof-of-stake network that proposes and approves blocks, backed by a deposit…
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