Ethereum researchers propose a solution to solve centralized problems and eliminate MEVs
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According to Golden Finance, Ethereum researcher "Malik672" proposed a "decentralized random block proposal" aimed at eliminating MEV and solving the centralization problem. The study points out that about 80% of Ethereum blocks are currently proposed by only two entities, which harms the decentralized nature of the network.
The proposal suggests that all Ethereum clients use the same random algorithm to build blocks and reach a consensus through the Byzantine fault tolerance mechanism. This system will eliminate the maximum extractable value (MEV) at the block level, spreading block proposal rights from a few constructors to thousands of clients around the world while remaining compatible with sharding technology.
Compared to the current proposer-builder separation (PBS) mechanism, the system prioritizes no trust requirement over optimization, which may reduce Ethereum blocking time from 12 seconds to 6-8 seconds, but may sacrifice some layer 2 network efficiency. Researchers believe this trade-off is worth it for Ethereum, which values fairness and decentralization.