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
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
Leer hoe en waarom Ethereum-validators hun verantwoordelijkheden voor het bouwen en uitzenden van blocks gaan opsplitsen.| ethereum.org
“You gotta slash the hell outta them”| Medium
Tl;dr This post explores the alarming potential for exclusive order flow to render the builder market uncompetitive. A lack of competition in the builder market threatens to cause rent extraction, poor user experience, and entrenchment of builders with undue influence over network incentives. While cause for concern, the negative externalities of exclusive order flow can be mitigated or wholly avoided as presented in a series of articles, of which this article is the first.| writings.flashbots.net
TL;DR: It has been a great year for Flashbots Protect! Post-merge, all transactions sent to Protect will have frontrunning and revert protection. But due to how mev-boost will be launched at the merge, Flashbots Protect will be down for at least 1 hour after the merge. If you rely on Flashbots Protect as a user or application developer then please plan accordingly.| 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
This article explains the benefits of mev-boost to the network and to validators, node operators, and staking pools.| writings.flashbots.net
Hi everyone, it's been a while! Here is a double-edition of our latest transparency report. As you can imagine, we've been busy.| 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
The beating heart of every blockchain is how space is allocated within a block. In less than 24 hours, Ethereum will undergo a historic change to how blockspace is allocated as transaction inclusion rules drastically change with the activation of EIP-1559. However, EIP-1559 does not affect miners’ ability to reorder, insert, or censor transactions, and as such it largely does not have an impact on MEV (Maximal Extractable Value).| writings.flashbots.net