Block Proposer Power

Definition ∞ Block proposer power refers to the ability of a validator or mining entity to select and propose the next block of transactions in a blockchain network. This authority is typically determined by a consensus mechanism, such as proof-of-stake or proof-of-work. The entity with this power earns transaction fees and block rewards.
Context ∞ News often reports on shifts in block proposer power, particularly in proof-of-stake systems, where stake concentration can influence network decentralization and censorship resistance. Monitoring this power distribution helps assess a blockchain’s health and security against centralizing forces.