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An out-of-protocol block market beside Ethereum consensus

The proposer-builder separation note argues that the party who orders transactions inside a block need not be the party who proposes the block to consensus.

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Record

Authors
Flashbots and Ethereum researchers
Date
2022
Publisher
Flashbots and Ethereum researchers
Version
Source cited by the 2022 study. The study is the reading. This page does not add a second essay.
Document ID
BLC-STUDY-0713
DOI
None recorded
Last reviewed
1 October 2026
Licence
No licence recorded. Rights status under review.

No hash is published. This build does not store those PDF bytes, so a checksum would be invented. Where a legacy path exists, it points at the Internet Archive copy of the old library.

Direct answer

The proposer-builder separation note argues that the party who orders transactions inside a block need not be the party who proposes the block to consensus.

Where to read

Metadata and commentary only. The reading is the study page.

Full text

Full text is not published on this page. Public availability is not a licence to republish a document. Blockchain Lab has not recorded a licence that permits an HTML transcription, a training set, or a retrieval corpus of the paper. Text on this page is Blockchain Lab's own wording, or a pointer to a study that is also Blockchain Lab's wording.

What changed

A reading of the project's public design document. Not a copy, not a benchmark, and not an offer.

Relationships

Cite this record

These citations point at the source document. They are not a licence to copy it.

Author–date

Flashbots, & researchers, E. (2022). An out-of-protocol block market beside Ethereum consensus. Flashbots and Ethereum researchers. https://ethresear.ch/t/proposer-block-builder-separation-friendly-fee-market-designs/9725

BibTeX

@techreport{enshrinedpbsnote2022,
  title = {An out-of-protocol block market beside Ethereum consensus},
  author = {Flashbots and Ethereum researchers},
  year = {2022},
  institution = {Flashbots and Ethereum researchers},
  url = {https://ethresear.ch/t/proposer-block-builder-separation-friendly-fee-market-designs/9725},
  note = {Rights status: Official external source only. Blockchain Lab record: https://blockchainlab.com/research/corpus/papers/enshrined-pbs-note}
}

RIS

TY  - RPRT
TI  - An out-of-protocol block market beside Ethereum consensus
AU  - Flashbots
AU  - Ethereum researchers
PY  - 2022
PB  - Flashbots and Ethereum researchers
UR  - https://ethresear.ch/t/proposer-block-builder-separation-friendly-fee-market-designs/9725
N1  - Rights status: Official external source only
ER  -

CSL-JSON

[
  {
    "type": "report",
    "id": "BLC-STUDY-0713",
    "title": "An out-of-protocol block market beside Ethereum consensus",
    "author": [
      {
        "literal": "Flashbots"
      },
      {
        "literal": "Ethereum researchers"
      }
    ],
    "issued": {
      "date-parts": [
        [
          2022
        ]
      ]
    },
    "publisher": "Flashbots and Ethereum researchers",
    "URL": "https://ethresear.ch/t/proposer-block-builder-separation-friendly-fee-market-designs/9725",
    "note": "Rights status: Official external source only. Not a licence to republish the paper."
  }
]

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Rights record

Source status
Official source
Use status
Metadata and commentary only. The reading is the study page.
Rights
Official external source only
Training and retrieval
Not permitted from this site. There is no rights-cleared full text to retrieve or to train on.

Rights and licensingCorrections

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