🔢 Technical Principles|Proposer-Builder Separation
· What it is: In the MEV-Boost process, builders assemble transactions into blocks and submit bids. Relays pass the bids to the validators proposing blocks, who choose the highest bid.
· How to understand it: Building the most profitable block requires specialized computation and access to transaction sources. PBS lets ordinary validators earn revenue close to that of professional players without needing those capabilities.
· Note: If you run your own validator, find out who operates the relays you connect to and what filtering rules they use. Don’t focus only on the bids.
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