The Builder API is an interface for consensus layer clients to source blocks built by external entities.
In this repository:
Block building is a specialized activity that requires high fixed costs to be an efficient validator. This creates an advantage for staking pools as they can effectively distribute the cost across many validators.
Proposer-builder separation (PBS) fixes this by spliting the roles of a validator into block proposing and block building. However, PBS requires modifications to the Beacon chain and will therefore not be possible at the time of the merge.
The Builder API is a temporary solution that requires higher trust assumptions than PBS, but can be fully implemented without modification to the base protocol. This is done by providing the proposer with a "blind" execution layer header to incorporate into a block and a "value" amount which will be transferred to the proposer once they create a block with the aforementioned header. Once the proposer signs a block with the header, they are bound to the choice (or risk being slashed due to equivocation). That allows the builder to reveal the blinded transactions without the possibility of the proposer tampering with them.
This design is based on the original proposal for trusted external builders: "MEV-Boost: Merge ready Flashbots Architecture".
Users will typically connect their CL clients to builders with builder multiplexers. Please see their respective repositories for more information:
The API specification is checked for lint errors before merging pull requests.
To run the linter locally, install it with:
npm install -g @stoplight/[email protected]
and then run it:
spectral lint builder-oapi.yaml
To render spec in browser, you will simply need an HTTP server to load the
index.html
file in root of the repo.
For example:
python -m http.server 8080
The spec will render at http://localhost:8080.
Local changes will be observable if "dev" is selected in the "Select a definition" drop-down in the web UI.
It may be necessary to tick the "Disable Cache" box in their browser's developer tools to see changes after modifying the source.
- Create and push tag
- Make sure
info.version
inbuilder-oapi.yaml
file is updated before tagging. - CI will create a github release and upload bundled spec file
- Make sure
- Add release entrypoint in
index.html
In SwaggerUIBundle
configuration (inside index.html
file), add another
entry in urls
field. Entry should be in following format (replace <tag>
with real tag name from step 1.):
{url: "https://github.com/ethereum/builder-apis/releases/download/<tag>/builder-oapi.yaml", name: "<tag>"},