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CryptoXTimes > Article > News > Ethereum Founder Praises Distributed Block Building Ideas
NewsCrypto

Ethereum Founder Praises Distributed Block Building Ideas

Ethereum improves block building, efficiency, and decentralization.

Rubab Fatima
Last updated: August 7, 2024 1:27 pm
Rubab Fatima 10 months ago
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Ethereum Transactions By Buterin Support DeFi Investments

In a recent update on X, Vitalik Buterin, co-founder of Ethereum, discussed significant advancements in the construction of Ethereum blocks.

Buterin cited a post by Paradigm researcher Dan Robinson to demonstrate how important Max’s idea was when it came to transaction ordering and avoiding centralized control.

In his post, Dan Robinson praised Max’s idea and emphasized how it puts transaction ordering ahead of the decision of a single boss. “No single assigned leader is the last mover of on-chain transactions,” he said. It doesn’t matter what you call this group of buildings; I like them.

Ethereum Block Progress

Buterin gave a favorable answer, saying that the ETH research team agrees with the idea that more than one person can help include a transaction in a block. “Open debate on whether avoiding a ‘last mover’ is possible,” he said.

Buterin expressed optimism regarding the progress in constructing ETH’s protocol blocks, which encompassed an analysis of Orbit Single Slot Finality (SSF). He thinks that the conversation about building blocks is getting closer to an end.

Summary of Ethereum block-building research as of 2024-08-07:

* Everyone agrees that having multiple actors contribute txs that must be included in the block is a good idea
* Open debate on whether avoiding a "last mover" is possible

It's good to see the progress! It feels like… https://t.co/GjToVC6caY

— vitalik.eth (@VitalikButerin) August 7, 2024

At the moment, it takes about 15 minutes to finalize an Ethereum block. However, researchers are working to improve ETH’s consensus mechanism to reduce this time. The aim is to enable simultaneous block distribution and finalization, thereby significantly reducing the finalization time.

Buterin had already talked about claims of centralization in the Ethereum study team. He provided a list of recommendations for mitigating centralization, including exploring multi-proposer systems and exploring the possibility of eliminating the builder job.

Buterin also brought up some other ideas, such as distributed block building for PeerDAS, networking research, and making PeerDAS’s bandwidth work better. These talks show that the Ethereum community is always working to make things better while keeping a balance between trust and security. This will lead to more people using Ethereum.

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