Proposer-Builder Separation Is Reshaping Who Controls Ethereum Blocks
PBS didn't just change how Ethereum blocks get built - it quietly shifted power toward a small layer of specialized actors most users never see.
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PBS didn't just change how Ethereum blocks get built - it quietly shifted power toward a small layer of specialized actors most users never see.
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Morpho's architecture separates risk by market rather than pooling it - and that design choice has real consequences for lenders and borrowers alike.
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Miner selling behavior has changed noticeably since the April 2024 halving. The restraint is real, but it carries its own risks.
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BTC dominance at 60%+ isn't a rotation signal. It's the market telling you something about where risk appetite has actually gone.
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PBS reshaped how Ethereum blocks get built. Most coverage treats it as a footnote. It isn't.
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Uniswap v3's concentrated liquidity was a genuine innovation. Most LPs are still losing money on it.
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