Flashbots Unveils BuilderNet to Combat Ethereum Block Building Centralization
Flashbots made a significant move by launching BuilderNet to address the centralization challenges within the Ethereum network. Currently, just a small number of operators control more than 90% of ETH blocks. This level of concentration can lead to various issues, including lack of competition and potential collusion among operators. BuilderNet aims to decentralize block production and improve the overall health of the Ethereum ecosystem. It is a critical step towards ensuring a fair and efficient network for all users and developers.
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