BTC $80,019.19 -0.79%
ETH $2,320.09 -0.69%
BNB $740.26 -1.77%
XRP $1.29 -1.83%
SOL $100.42 -1.01%
TRX $0.3312 +0.02%
DOGE $0.0788 -0.50%
ADA $0.2010 -0.88%
BCH $278.45 -5.76%
LINK $11.62 +0.27%
HYPE $89.15 +10.81%
AAVE $132.99 +0.73%
SUI $0.9245 +0.12%
XLM $0.1708 +0.86%
ZEC $1,274.16 -0.59%
AAPL $348.32 +0.47%
AMZN $247.92 -2.17%
GOOGL $288.39 -11.08%
MSFT $542.51 +2.22%
META $617.83 -0.74%
NVDA $214.40 -2.44%
TSLA $404.89 -1.31%
SNDK $1,373.45 +1.63%
INTC $92.77 -2.50%
SPCX $143.16 -3.80%
MU $960.13 +0.27%
AMD $564.03 -0.90%
BTC $80,019.19 -0.79%
ETH $2,320.09 -0.69%
BNB $740.26 -1.77%
XRP $1.29 -1.83%
SOL $100.42 -1.01%
TRX $0.3312 +0.02%
DOGE $0.0788 -0.50%
ADA $0.2010 -0.88%
BCH $278.45 -5.76%
LINK $11.62 +0.27%
HYPE $89.15 +10.81%
AAVE $132.99 +0.73%
SUI $0.9245 +0.12%
XLM $0.1708 +0.86%
ZEC $1,274.16 -0.59%
AAPL $348.32 +0.47%
AMZN $247.92 -2.17%
GOOGL $288.39 -11.08%
MSFT $542.51 +2.22%
META $617.83 -0.74%
NVDA $214.40 -2.44%
TSLA $404.89 -1.31%
SNDK $1,373.45 +1.63%
INTC $92.77 -2.50%
SPCX $143.16 -3.80%
MU $960.13 +0.27%
AMD $564.03 -0.90%

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.