Understand the basic block logic of the Ethereum blockchain and the profit-making role of MEV

The process of producing a single block

1. Builders receive transactions from users, searchers or other order flows and create blocks

2. The builder submits the block to the relayer

3. Relays verify the validity of the block and calculate the amount paid to the proposer

4. The relayer sends the block header and payment value to the proposer of the current slot.

5. The proposer evaluates the bid and signs the block header with the highest payment

6. The proposer sends the signed block header back to the relayer

7. The relayer publishes the block and returns it to the proposer.

Finally, block construction ends and rewards are distributed to builders and proposers in the form of transactions within the block and block rewards.