Definition ∞ Block proposer discretion refers to the latitude a block producer possesses in selecting and ordering transactions for inclusion within a new block. This capability permits a degree of control over transaction sequencing, potentially influencing transaction confirmation times and fees. The exercise of this discretion can impact transaction finality and censorship resistance within a decentralized network. It represents a significant aspect of block production mechanisms, particularly in proof-of-stake protocols.
Context ∞ The discussion surrounding block proposer discretion often centers on its implications for transaction ordering fairness and the potential for Maximal Extractable Value (MEV). Ongoing research and protocol upgrades frequently address how to limit or redistribute this discretion to improve network neutrality and prevent adverse market manipulation. Future developments will likely focus on transparent and verifiable ordering mechanisms.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
