Ethereum (ETH) Blockchain Explorer
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As builders keep building and Ethereum keeps producing blocks, we will surely attract more people onchain!

On Etherscan, we revisit the block producers dashboard, as well as the dainty tooltip to compare blob fee and calldata fee.

This issue, we examine the centralization of the block builder market and the implications of proposer-builder separation (PBS). Answer the poll to test your knowledge on PBS and stand a chance to win $10 in ETH!

ETHERSCAN


Highlight

Unbundling the Current State of Proposer-Builder Separation

Unbundling the Current State of Proposer-Builder Separation

Currently, ~90% of all Ethereum blocks have been built by just 4 block producers, with the largest builder, beaverbuild, having a market share of nearly 50%. We examine:

  • How we got here
  • Implications of PBS
  • Hot topics related to PBS
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Block Producers Dashboard

FEATURE

Block Producers Dashboard

View block builders' data, including % of blocks built, builder category, & censorship.

Blob Fee vs Calldata Fee

FEATURE

Blob Fee vs Calldata Fee

Dainty tooltip to compare how much cheaper a blob fee is compared to the calldata fee.

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MetaMask Portfolio: web3 made easy

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ECOSYSTEM


Trending

SEC Closes Investigation into Ethereum 2.0

Following a letter from ConsenSys clarifying Ether's category, the SEC will not allege that ETH sales are securities transactions.

x.com/Consensys

Permissionless Fault Proofs Live on OP Mainnet

This brings OP Stack to Stage 1 decentralization, allowing permissionless withdrawals to Ethereum and the ability to challenge invalid ones.

x.com/Optimism

Fox Corp Launches Verify L2 Using Polygon CDK

The protocol will enable users to verify the origin of content registered by media companies, with TIME being the first external partner on Verify.

polygon.technology/blog

UwuLend Suffers $19.4 Million Exploit

The contract's oracle fallback logic allowed attacker to liquidate borrowed sUSDe at an inflated rate. UwuLend has repaid ~$13m since the exploit.

rekt.news

Kraken Disclosed & Patched Balance Inflation Vulnerability

A few security researchers found the bug and withdrew nearly $3 million but did not disclose this info in the bug bounty report. See Certik's response.

x.com/c7five

Developers

PBS Snapshot

A command-line program written in Python that takes a simplistic snapshot of live MEV data on Ethereum.

x.com/Data_Always

Reth 1.0

The production-ready Ethereum execution client syncs from genesis to the tip in ~50 hours, with ~2.25TB archive node storage.

x.com/gakonst

Community

Devcon Ticket Launch and Programming Tracks Revealed

Programming tracks are live, and speaker applications open on July 9. Ticket discounts start July 9, and general sales starts July 16.

blog.ethereum.org

Coinbase State of Crypto Summit

Review event highlights including institutional demand in crypto, asset tokenization, stablecoins, regulatory clarity, and more.

x.com/JasonYanowitz

Market Commentary

June Market Roundup

June Market Roundup

A bearish June across the board after promising bounces for majors in May.


Announcement: This section is moving to our trader-focused newsletter! Read more.

Pick of the Month

Transaction: Welcoming Desmond to the World

Onchain messages from netizens came pouring in to welcome Desmond to the world. They also sent ETH, tokens, and NFTs to celebrate the moment.

Address: Michael Egorov Got Liquidated on June 13th

UwuLend's exploit resulted in a series of events that led to his ~$100m loans to be liquidated, resulting in $10m bad debt which was fully repaid.

FAQ

Questions received last month:

How to verify ownership of a contract deployed by a multisig?
Any signer of the multisig address can verify contract ownership on behalf of the multisig. One of the signers have to sign a message then raise a ticket under "General Inquiry" with the signed message. Read more.

How to verify ownership of a contract taken over by the community?
If you can contact the contract deployer, have them sign an ownership transfer message and raise a ticket. If not, submit a ticket with the community takeover announcement from official channels. Read more.

Confused with some terms in this newsletter?
Remember to check the Etherscan glossary!

Pro Tip

View Ethereum asset deposits and withdrawals via deBridge DLN
In Advanced Filter, enter these contract addresses in the "To" field: "deBridge: DlnSource", "Dln: Destination", and "Dln: Crosschain Forwarder". Further filter assets bridged to and from Ethereum using Event Log.

Jobs

Looking for a job in crypto? Check out these roles below:

Compliance Officer at Moonrail Limited/CSGOEmpire | Remote

Finance & Accounting Officer at Moonrail Limited/CSGOEmpire | Remote

Marketing Specialist at Moonrail Limited/CSGOEmpire | Remote

People Ops Specialist at Moonrail Limited/CSGOEmpire | Remote

Senior Social Media Manager at CoinMarketCap | Remote

Want to advertise a job on this newsletter? Send us an email.

Quiz: Proposer-Builder Separation

POLL

Quiz: Proposer-Builder Separation

Answer this quiz on PBS and stand a chance to win $10 in ETH!

Answer Poll