How Does the Concept of 'Proposer-Builder Separation' (PBS) Relate to Flashbots? ⎊ Path

How Does the Concept of ‘Proposer-Builder Separation’ (PBS) Relate to Flashbots?

PBS is a protocol-level design that formalizes the separation of block construction (building) from block selection (proposing). Flashbots was an early, centralized implementation of this idea, creating a private market for MEV bundles.

PBS is the decentralized, enshrined version that integrates the MEV auction directly into the blockchain's consensus mechanism.

What Are ‘MEV-Boost’ and ‘Proposer-Builder Separation (PBS)’?

How Can a “Logarithmic” Version of Metcalfe’s Law Be Used to Provide a More Conservative Valuation?

How Does a Proposer-Builder Separation (PBS) Architecture Aim to Solve This Issue?

What Is the Role of a ‘Relayer’ in the MEV Supply Chain?

How Is MEV Extraction Managed in Proof-of-Stake (PoS) Consensus Mechanisms?

What Is a ‘Builder’ and a ‘Proposer’ in the Context of MEV and Transaction Ordering?

How Does the “Proposer-Builder Separation” (PBS) Model Enhance Security?

How Does a Block Builder Prevent Self-Front-Running?

Glossar

Flashbots

Architecture ⎊ Flashbots operates as a research and development organization focused on mitigating the negative externalities inherent in public blockchain systems, particularly those related to Miner Extractable Value (MEV).

PBS

Definition ⎊ Proposer-Builder Separation (PBS) is a mechanism designed to enhance network security and mitigate the negative effects of Maximal Extractable Value (MEV).