BTC $79,150.03 -0.85%
ETH $2,495.91 +0.08%
BNB $740.75 -0.97%
XRP $1.40 -0.87%
SOL $103.94 -2.19%
TRX $0.3340 -0.34%
DOGE $0.0898 +0.95%
ADA $0.2206 +0.86%
BCH $260.29 +1.45%
LINK $12.90 +4.88%
HYPE $85.15 -3.34%
AAVE $132.36 -0.73%
SUI $0.8208 +3.10%
XLM $0.1908 +3.82%
ZEC $1,165.88 -3.60%
BTC $79,150.03 -0.85%
ETH $2,495.91 +0.08%
BNB $740.75 -0.97%
XRP $1.40 -0.87%
SOL $103.94 -2.19%
TRX $0.3340 -0.34%
DOGE $0.0898 +0.95%
ADA $0.2206 +0.86%
BCH $260.29 +1.45%
LINK $12.90 +4.88%
HYPE $85.15 -3.34%
AAVE $132.36 -0.73%
SUI $0.8208 +3.10%
XLM $0.1908 +3.82%
ZEC $1,165.88 -3.60%

Blocknative has stopped the MEV-boost service due to economic concerns, raising worries about the centralization of Ethereum relays

2023-09-28 11:50:10

ChainCatcher news, according to Blockworks, Ethereum infrastructure provider Blocknative will cease its MEV-boost relay service due to the business's inability to maintain economic viability. With Blocknative's decision to stop its MEV-boost relay service, concerns about increased centralization of the Ethereum network have intensified. According to recent data, 93% of Ethereum blocks created in the past 14 days utilized MEV-boost, with five entities responsible for 98% of MEV-boosted transactions.

Currently, only four relayers remain active on the network, playing a crucial role in transaction settlement on Ethereum. The remaining four relayers do not charge service fees, making a core part of Ethereum infrastructure unprofitable for its operators. If the economic incentive issues are not resolved, the centralization problem of the relays may further exacerbate.

app_icon
ChainCatcher Building the Web3 world with innovations.