Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Coinbase makes history with EU-wide crypto license under MiCA

June 20, 2025

Shiba Inu, Dogecoin Cooling Off—Ozak AI’s 300× Potential Is Heating Up

June 20, 2025

XRP News: $MRT Presale Kickstarts Today, Analysts Predicts Martini Market Could Become The Polymarket of XRP Ledger

June 20, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

Exploring Proposer-Builder Separation and Its Impact on Blockchain Centralization

0
By Aggregated - see source on October 26, 2024 Blockchain
Share
Facebook Twitter LinkedIn Pinterest Email


Rebeca Moen
Oct 26, 2024 09:32

Proposer-Builder Separation (PBS) aims to mitigate validator centralization in blockchain, yet it may lead to builder centralization. Discover insights from Agostino Capponi’s research.





Proposer-Builder Separation and Blockchain Dynamics

In the evolving landscape of blockchain technology, the concept of Proposer-Builder Separation (PBS) has emerged as a potential solution to reduce centralization among validators. This framework, introduced by Ethereum, seeks to create a competitive market by decoupling the roles of block proposing and block building. By doing so, it allows builders to create blocks and bid fees to validators for their inclusion in the blockchain. According to a16z crypto, this approach aims to enhance decentralization by giving validators an option to accept blocks from the highest-bidding builders, irrespective of their size.

Challenges of Centralization in Blockchain

Despite PBS’s potential to mitigate validator centralization, Agostino Capponi from Columbia University highlights an emerging centralization trend within the builders’ market. Builders with advanced internal search capabilities gain a competitive edge, allowing them to capture order flows at reduced costs and dominate the block-building arena. This phenomenon, described as a “Proof-Of-MEV” paradigm, suggests that the ability to efficiently capture and utilize extractable value is becoming crucial in constructing valuable blocks.

Insights from Agostino Capponi

Agostino Capponi, a Professor at Columbia University and director of the Columbia Center for Digital Finance and Technology, has extensively researched financial technology and market microstructure. His work, funded by prominent agencies like NSF and the Ethereum Foundation, delves into the intricacies of blockchain dynamics and the implications of PBS. Capponi’s contributions to the field have been recognized with awards such as the 2018 NSF CAREER award and the JP Morgan AI Research Faculty award.

About a16z Crypto Research

a16z crypto research operates as a multidisciplinary lab, collaborating with portfolio companies to address significant challenges in the blockchain space. Their efforts focus on advancing the science and technology of the next-generation internet, contributing to the broader understanding and development of decentralized systems.

Image source: Shutterstock


Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Texas Sheriff Breaks Open Crypto ATM, Seizes $32K—Is This the End for Bitcoin ATM Privacy?

June 20, 2025

GitHub Explores AI and ML: Insights and Best Practices

June 20, 2025

Russian Power Firm Debuts Bitcoin Mining Mutual Investment Fund

June 19, 2025
Leave A Reply Cancel Reply

What's New Here!

Coinbase makes history with EU-wide crypto license under MiCA

June 20, 2025

Shiba Inu, Dogecoin Cooling Off—Ozak AI’s 300× Potential Is Heating Up

June 20, 2025

XRP News: $MRT Presale Kickstarts Today, Analysts Predicts Martini Market Could Become The Polymarket of XRP Ledger

June 20, 2025

ChatGPT XRP Price Prediction: Big Surge Coming?

June 20, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.