Ethereum’s switch to proof-of-stake fixed some problems, like environmental damage linked to PoW mining. But it raised new issues, including worries about centralization, MEV and censorship, say Margaux Nijkerk and Sam Kessler.
on the network, third-parties stepped in to try and address some of the practice’s more pernicious side-effects.
Currently, about 90% blocks on Ethereum go through MEV-Boost, which optimizes how transactions are organized into blocks in order to extract the maximum profit for validators. This kind of centralization has been viewed by some as a potential vector for censorship: when the U.S. Treasury Department sanctioned some Ethereum addresses associated with, a mixer program, Flashbots stopped adding those transactions to the blocks it sends to the validator.
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