16min chapter

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Debating Ethereum’s Big Decision | Roundup

Empire

CHAPTER

Ethereum's Consensus Participants and Design Philosophy

The chapter delves into Ethereum's design philosophy regarding validators and proposers in consensus participation, discussing collateral requirements, the role of hedge funds in block creation, and the challenges of outsourcing responsibilities to builders. It also explores concerns of builder centralization, the importance of decentralization in validation, and the impact of privately funded infrastructure companies on Ethereum. Additionally, the chapter discusses the transition to decentralized sequences in a shared marketplace, balancing immediate impact with long-term development goals, and the significance of transaction security and prevention of censorship in Ethereum's decision-making process.

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