NEW YORK – The PBS Foundation today unveiled a new $1 million grant program, aimed specifically at advancing research into Ethereum’s Proposer-Builder Separation (PBS). This initiative receives support from major blockchain organizations, including Consensys and Paradigm.
The grant program is designed to address centralization issues in the transaction sequence that emerged as a result of Ethereum’s transition to a proof-of-stake mechanism, known as Merge. By focusing on PBS, the foundation seeks to improve the transparency and understanding of Ethereum’s mempool and block data.
A board composed of representatives from Consensys will be responsible for overseeing the allocation of these funds. The creation of this council is a strategic move to ensure that the grant program is administered equitably and that research funded by this program aligns with the broader goals of promoting decentralization and transparency within the Ethereum ecosystem.
This concerted effort by the PBS Foundation and its partners demonstrates a significant commitment to addressing some of the key challenges facing Ethereum post-merger. It also highlights the importance of collaborative research in developing blockchain technology that is both robust and fair.
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