PBS Guild Proposal [v3 WIP] 💬 tldr: PBS Guild is a non-commercial ecosystem R&D funding vehicle with decentralization as its mandate. It is proposed as a memberless foundation incorporated in the Cayman Islands governed by independent non-executive directors and a grants council. PBS Guild funds will primarily come from community donations from key beneficiaries of the PBS ecosystem and will be used to support neutral relays and R&D proposals. Phase 1 of PBS Guild will target 1m...| The Flashbots Collective
An explanation of the proof-of-stake consensus protocol and its role in Ethereum.| ethereum.org
MEV-Boost: Merge ready Flashbots Architecture This architecture is a work in progress - the final design will reflect the feedback collected and lessons learned through implementation and can be found on the mev-boost github repository This document outlines the design for a marketplace for block construction (often referred to as block proposer / block builder separation or PBS) compatible with the upcoming Ethereum merge fork. This trust based solution closely resembles the current Flashbot...| Ethereum Research
In this post, we cast light on the state of defi order and transaction flow today. We will show how defi has distinguished itself from the traditional order flow market, and discuss the challenges to achieving our shared dream of systems that remain decentralized while maximally benefiting the user.| writings.flashbots.net
Understanding mev-boost as an iteration on the original Flashbots auction, and how it paves the way for full in-protocol PBS| writings.flashbots.net
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 here.| writings.flashbots.net
Thanks to Phil Daian, Alex Obadia, and Mahimna Kelkar for plenty of discussions on the topic.| writings.flashbots.net
This document outlines the design for a marketplace for block construction (often referred to as block proposer / block builder separation or PBS) compatible with the upcoming Ethereum merge fork. This trust based solution closely resembles the current Flashbots auction design with modifications to enable solo staker participation without introducing changes to Ethereum consensus. This solution aims to bridge the gap to a permissionless PBS design which should be strongly considered for the c...| writings.flashbots.net