🚀 Flashbots has unveiled BuilderNet, a decentralized block-building network on Ethereum, aiming to "kill censorship" and tackle network chokepoints. Launched on Nov. 26, BuilderNet allows multiple parties to collaborate in block creation, challenging the dominance of Beaverbuild and Titan Builder, which recently built 88% of Ethereum blocks.
- BuilderNet's debut is a game-changer, redistributing Maximal Extractable Value (MEV) back to users.
- It operates on a "multioperator" system, enhancing transparency and decentralization.
- Future plans include making BuilderNet more permissionless to boost censorship resistance.