[Ethereum core developers launch EIP-7732] Golden Finance reported that Ethereum core developers announced the launch of EIP-7732, which is the formal specification of Enshrined Proposer-Builder Separation (ePBS). EIP-7732 is a consensus-only upgrade that separates execution verification from consensus verification and embeds PBS directly into Ethereum's consensus layer. PBS refers to the separation of block proposers and builders. EIP-7732 includes modifications to the beacon chain, fork selection rules, P2P communication, and allows validators to play the role of builders. Builders are complex participants who build blocks to extract MEV. ePBS provides a trustless exchange between proposers and builders and enables validators to use CPU efficiently. The implementation plan has a Payload Timeliness Committee (PTC), where a subset of the verification committee votes on the timeliness of builder payload releases. EIP-7732 is also designed to be compatible with future upgrades, such as inclusion lists.
