Flashbots

For a technical introduction to MEV post-merge, check out our earlier report.  The State of MEV Censorship Not all validators explicitly and purposefully propose blocks built by MEV relays. Many propose vanilla blocks–or blocks selected from the mempool without overt consideration of ordering, and purely based on priority fees and block limits. For instance, Coinbase, […]

Ethereum’s nature to forever grow increasingly complex is also its curse. This complexity is facilitated by its core development: smart contracts. This new, radical tool enabled developers to chart boldly into the realm of decentralized finance, where we’ve witnessed explosive growth and volatility. However, novel systems bring novel risks. Maximal/Miner Extractable Value (MEV), is one […]