Proposer-Builder Separation — a mechanism separating block construction from block proposal to decentralize MEV extraction. Builders compete to create the most profitable block; proposers simply select the best one.
Proposer-Builder Separation — a mechanism separating block construction from block proposal to decentralize MEV extraction.
Builders compete to create the most profitable block; proposers simply select the best one.
This is a key building block of decentralized finance. Understanding it helps you navigate DeFi protocols safely, evaluate yield opportunities, and avoid common pitfalls.