Ethereum 
$1,741 researcher Malik672 has introduced a new proposal aimed at solving the centralization problem in the block creation process. The suggestion involves distributing the block configuration process among all clients to ensure equality, positioning this approach as an alternative to the excessively centralized nature of the current system.
Technical Details of the Proposal
In the new system, Ethereum clients will generate blocks using a cryptographic random algorithm. Supported by the Byzantine Fault Tolerance method, this approach aims to reduce the effects of value extraction that can be evaluated at the block level. Structural changes may also improve transaction transmission times.
In the existing proof-of-stake model, certain block producers have been criticized for creating the majority of the blockchain, leading to centralization concerns. Following significant block production by actors like Beaverbuild and Titan Builder, it appears that a fair distribution has not been achieved. Malik672 argues that all clients should be granted block production rights to overcome this issue.
Centralization Concerns and Expectations
According to the proposal, the block creation process will not be limited to select players but distributed among thousands of clients globally. This way, all network participants can participate on equal terms, which is seen as an approach aligned with Ethereum’s core principles.
“This system democratizes block production by distributing it among thousands of clients worldwide. No single actor holds a dominant position. Byzantine Fault Tolerance strengthens the system by reducing memory fluctuations.” – Malik672
With the new proposal, concrete steps are taken to address centralization criticism while aiming for transparency and acceleration in the block creation process. Equality among clients may contribute to more efficient transaction dissemination. Potential decreases in slot times and modernization of the system are significant components of the technical roadmap.
Ethereum developers and researchers plan to implement the proposed system with more frequent updates. This is viewed as a step expected to accelerate the technological transformation process. The innovative approach may allow broader access to the system.
When evaluated by the Ethereum community, the proposal appears to be a promising development in terms of system efficiency and fair distribution. The success of the application may depend on the fulfillment of technical details. This step proposed to overcome the centralization issue in the block creation process could significantly contribute to Ethereum’s technological advancement.
