How does a MEV Block Builder work?
Builders combine available public transactions and private order flow, evaluate candidate orderings, and submit bids or payloads. A proposer ultimately participates in proposing a block under consensus rules.
What should trading bot developers know about MEV Block Builder?
Building and proposing are separate roles in PBS. Ethereum relay-based infrastructure and BSC builder interfaces have different policies and mechanics; neither should be generalized to every chain.
Sources & further reading
Definitions are editorial summaries of the sources below. Protocol behavior and provider policies can change; consult the linked documentation for implementation details.