Flashbots is a research and development organization formed to mitigate the negative externalities and existential risks posed by MEV.
The MEV Supply Chain: a peek into the future of this industry
At mev.day in Amsterdam, I opened the day by introducing a new framework for thinking about the fast moving MEV industry and how it will evolve in the future. I call this framework the MEV Supply Chain. You can find a recording of this presentation as well as the rest of mev.day here (light mode stage, 17 minutes in).What is the MEV Supply Chain?The MEV Supply Chain describes the chain of activity which helps users transform intentions into finalized state transitions in the presence of MEV. ...
The MEV Supply Chain: a peek into the future of this industry
At mev.day in Amsterdam, I opened the day by introducing a new framework for thinking about the fast moving MEV industry and how it will evolve in the future. I call this framework the MEV Supply Chain. You can find a recording of this presentation as well as the rest of mev.day here (light mode stage, 17 minutes in).What is the MEV Supply Chain?The MEV Supply Chain describes the chain of activity which helps users transform intentions into finalized state transitions in the presence of MEV. ...
Ken Griffin and the MEV dystopia
Like many others, when I learned that Ken Griffith beat out 17k crypto frens at purchasing the copy of the constitution, I couldn't help but laugh.The outcome of the ConstitutionDAO was somewhat predictable. With the max bid of the DAO being public information, any interested buyer was aware of the floor price and could make sure to have sufficient capital on hand to win the auction. Meanwhile, the DAO was unable to collect additional capital, even though it was clear it could have with ...
Ken Griffin and the MEV dystopia
Like many others, when I learned that Ken Griffith beat out 17k crypto frens at purchasing the copy of the constitution, I couldn't help but laugh.The outcome of the ConstitutionDAO was somewhat predictable. With the max bid of the DAO being public information, any interested buyer was aware of the floor price and could make sure to have sufficient capital on hand to win the auction. Meanwhile, the DAO was unable to collect additional capital, even though it was clear it could have with ...
Flashbots: Frontrunning the MEV Crisis
Flashbots is a research and development organization formed to mitigate the negative externalities and existential risks posed by miner-extractable value (MEV) to smart-contract blockchains. We propose a permissionless, transparent, and fair ecosystem for MEV extraction to reinforce the Ethereum ideals.In this article, we cover the context and motivation for this project. Technical details of our proposed solution can be found on the ETHResearch forum.What is MEVMiner extractable value (MEV) ...
Flashbots: Frontrunning the MEV Crisis
Flashbots is a research and development organization formed to mitigate the negative externalities and existential risks posed by miner-extractable value (MEV) to smart-contract blockchains. We propose a permissionless, transparent, and fair ecosystem for MEV extraction to reinforce the Ethereum ideals.In this article, we cover the context and motivation for this project. Technical details of our proposed solution can be found on the ETHResearch forum.What is MEVMiner extractable value (MEV) ...
