BlockBeats Latest News, on November 27, Ethereum infrastructure service Flashbots researcher Shea Ketsdever announced an exciting piece of news on social media: Flashbots has launched a decentralized Ethereum block building network—BuilderNet! 🎉

So, what exactly is BuilderNet? In simple terms, it is a network running on a Trusted Execution Environment (TEE), designed to share MEV (Maximum Extractable Value) with the community. Through BuilderNet, Flashbots hopes to neutralize exclusive transaction ordering protocols, enhance Ethereum's censorship resistance, and accelerate the decentralization process of Rollups and application layers.

It is worth mentioning that the first version of BuilderNet is jointly operated by Flashbots, Beaverbuild, and Nethermind. The collaboration of these three organizations undoubtedly lays a solid foundation for the development of BuilderNet. In the future, BuilderNet also plans to provide decentralized ordering capabilities for L2 through Rollup-Boost, becoming a plug-and-play solution.

For blockchain enthusiasts and Ethereum users, this is undoubtedly an exciting development. Decentralization has always been the core concept of blockchain technology, and the launch of BuilderNet is an important step in that direction.

So, what are your thoughts on BuilderNet? Do you think it can successfully achieve its goals? Feel free to share your views in the comments and join us in discussing this promising new project!