Community Poll Review - October 2023
Thanks for participating in the quiz! If you're lucky, you may hear from us after the quiz deadline regarding an ETH reward headed your way =)
How do you think you did on this quiz? Let's review the questions together below:
The Merge introduced a new category of network actor known as 'block builders' because validators may not possess the skills required to construct optimized and profitable blocks.
Validators, or block proposers, outsource block creation and auction block space to the builders who submit the most profitable blocks.
Read more about MEV and Proof-of-Stake:
https://www.blocknative.com/blog/mev-proof-of-stake
Present-day Ethereum validators both create and broadcast blocks by aggregating transactions from the gossip network. In the Proposer-Builder Separation (PBS), block builders handle block creation and propose them to validators who select the most profitable one, compensating the block builder before broadcasting.
MEV relayer aggregates and checks validity of block contents received from block builders before passing them to validators.
Read more about the risks of Liquid Staking: https://www.alchemy.com/overviews/mev-boost#what-is-the-relayer
Reasons to enshrine Proposer-Builder Separation includes:
- Relays oppose Ethereum's values
- Out-of-protocol software is brittle
- Relays are expensive public goods
Read more about the motivation behind enshrining Proposer-Builder Separation:
https://ethresear.ch/t/why-enshrine-proposer-builder-separation-a-viable-path-to-epbs/15710
