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 preserve the ideals of Ethereum. The spike in Ethereum usage over the last few months has revealed a set of negative externalities brought by MEV. These include network congestion (i.e...