What if we could make the Ethereum transaction journey and block construction process faster, cheaper, more flexible, censorship resistant, & robustness? What if we could do this today? This is what the Blockspace Forum is about. 🧵👇

would love to hear your thoughts. let’s make Ethereum blocks do more. more participants, more pAMM support, more paths to get on chain

Letting other builders contribute to the winning builder's block is the first step towards addressing some of the shortcomings of the current PBS market structure. MPBC works because it extends PBS rather than replacing it, which is also why it can actually ship.

Love how the idea has evolved over the forums (btw MPBC is a sick name) x.com/blockspaceforum/status…

Testing pilot for MPBC has been running at Titan Relay for a few months now and the reference implementation is fully open source at gattaca-com/helix and gattaca-com/relay-sim-reth. Over the next few weeks we're going to be working on some big optimisations and will start actively delivering multi-party blocks to ethereum.

MPBC: More robust, faster, cheaper Ethereum. See the first iteration of multi-party block construction coming soon to an Ethereum block near you.

Excited to present Multi-Party Block Construction (MPBC)! MPBC allows multiple builders to contribute to a single block. -> Blockspace allocation is widened to the view of multiple builders. -> TXs can be included even when filtered by individual builders. MPBC is strictly additive. Builders can only contribute transactions. As a result, block value and blockspace utilization increases. This means more predictable and faster inclusion for users. This initial design reflects the outcomes of multiple blockspace forum workshops, and conversations with many teams across Ethereum. This is a collaborative design to improve the transaction journey, improve Ethereum, improve user experience. All contributions welcome!

✋ 👋

.@drakefjustin: "I don't see how ETH could not flip BTC" Justin is asked: What's Ethereum? Is it a settlement layer? A world computer? Monetary network? He responds: "For me, this hasn't changed for many years. Ethereum is the Internet of Value." "In order to be successful as the Internet of Value you need very good money at the center of it because that will be the substrate -- the economic bandwidth -- that will allow you to build a lot of services (e.g. loans, stablecoins)." "In some sense, the success of the platform and the success of the money are tied at the hip. This is why I think those who are pushing for ETH as money are really helping the platform and vice versa -- those who are helping the platform are helping with ETH the money." "One of my theses is that we'll have winner-takes-most platforms. There's only one Internet. There's only going to be one Internet of Value that captures 90-99% of all economic activity. And just for weird, path-dependent reasons, we have Bitcoin that is the largest money right now. But I think this is a highly-unstable equilibrium for multiple reasons. And I think the best candidate to win the Internet of Value is by far Ethereum." @fede_intern adds to this point, "I was never convinced there was a chance of [Ethereum flipping Bitcoin] to be honest. But I'm getting convinced there's a high probability -- you [Justin] have played a part in convincing me because of the issuance (declining block subsidy) and now the post-quantum. I do think there's a high chance that ETH becomes the dominant economic substrate in the long-term. I don't see how proof-of-work could work long-term." Justin echoes this: "Unless there's some catastrophic failure of Ethereum, I don't see how Ethereum could not flip Bitcoin." Source: @blockspaceforum Read our thesis on why ETH is better money than BTC below 👇

Great talk from our very own @realbigsean____ 🔥 ZK Ethereum and what it means for builders, along with the introduction of our builder, Bombora! Recording below.

The time is now. Thank you @jdetychey for your work on this critical issue.

In Cannes, Blockspace Forum held its second workshop, attended by 32 teams representing >95% of out-of-protocol blocks. We’ve summarized the key outcomes and concepts that surfaced. Thank you to everyone who contributed. The ticker is ETH!

Justin (@drakefjustin) is one of the main reasons I love working in Ethereum and why I believe it has a promising future. During @EthCC, I hosted a fireside with him covering Bitcoin, post-quantum security, @LeanEthereum, @eth_proofs / ZK, Ethereum transaction rails, block building, MEV, and a few other fun topics. Hope you enjoy it as much as I did. Thanks @blockspaceforum for the space to explore so many interesting topics.