Scan to download
BTC $62,420.07 +2.94%
ETH $1,629.75 +4.67%
BNB $590.22 +2.82%
XRP $1.12 +5.34%
SOL $64.76 +4.45%
TRX $0.3293 +3.24%
DOGE $0.0845 +5.01%
ADA $0.1641 +5.80%
BCH $225.48 +2.49%
LINK $7.74 +6.41%
HYPE $58.75 -0.16%
AAVE $63.28 +4.16%
SUI $0.7524 +8.26%
XLM $0.2063 +5.60%
ZEC $393.72 +7.44%
BTC $62,420.07 +2.94%
ETH $1,629.75 +4.67%
BNB $590.22 +2.82%
XRP $1.12 +5.34%
SOL $64.76 +4.45%
TRX $0.3293 +3.24%
DOGE $0.0845 +5.01%
ADA $0.1641 +5.80%
BCH $225.48 +2.49%
LINK $7.74 +6.41%
HYPE $58.75 -0.16%
AAVE $63.28 +4.16%
SUI $0.7524 +8.26%
XLM $0.2063 +5.60%
ZEC $393.72 +7.44%

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
Collection

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.