BuilderNet, a decentralized block-building network for Ethereum, was officially launched on November 26.
Operated by Flashbots, Beaverbuild, and Nethermind, this network aims to address centralization issues while bolstering censorship resistance and neutrality on Ethereum.
Approximately 88% of Ethereum blocks in recent weeks were built by Beaverbuild and Titan Builder, raising concerns about centralization and censorship.
BuilderNet introduces a multi-operator system using Trusted Execution Environments (TEEs) to collaboratively build blocks, redistributing the Maximal Extractable Value (MEV) back to users and promoting fairness and transparency.