**News Flash: Flashbots Launches BuilderNet to Combat Ethereum Censorship**

Blockchain firm Flashbots has unveiled BuilderNet, a decentralized block-building network on Ethereum, aiming to tackle censorship and centralization issues. Launched on November 26, BuilderNet seeks to diversify block construction, countering the dominance of Beaverbuild and Titan Builder, which have recently built 88% of Ethereum blocks.

BuilderNet operates on a "multioperator" system, redistributing Maximal Extractable Value (MEV) back to users and compensating block builders through a refund rule. This initiative is set to enhance decentralization and censorship resistance, with future plans to make BuilderNet more permissionless.