Ethereum core developers release EIP-7732

Golden Finance reported that Ethereum core developers announced the release of EIP-7732, which is the formal specification of Enshrined Proposer-Builder Separation (ePBS). EIP-7732 is an upgrade only for the consensus layer, which separates the execution verification from the consensus verification and directly embeds PBS into Ethereum's consensus layer. PBS refers to the separation of block proposers and builders. EIP-7732 includes modifications to the beacon chain, fork choice rule, and P2P communication, and allows validators to play the role of builders. Builders are complex participants who construct blocks to extract MEV. ePBS provides a trustless exchange between proposers and builders, and enables validators to effectively utilize CPU. This implementation scheme has a Payload Timeliness Committee (PTC), which allows a subset of the validation committee to vote on the timeliness of the builder's payload release. The design of EIP-7732 is also compatible with future upgrades, such as inclusion lists.