No, searcher reliance on builder integration is the problem: give searchers the ability to include their bundles and you get a more competitive market.
https://t.co/kDbrSTRCUh not only enables searcher to do this it lets them use contract based bidding eliminating latency wars
@AFDudley0@lobstermindset Pre confirmation is not my choice of semantics.
However Forward Contract with Embedded Volumetric Optionality doesn’t quite roll off the tongue
@CryptoGrills Just mind though that the system can't cater to your path by design and it's not for many. So don't hold it against them. They did what they understood and also what they are required to do to make the majority function.
@phildaian@_charlienoyes Agreed. And therefore we should look at smarter solutions that keep the Alpha Block available for realtime auctions and split off the Beta Block for preconfs and forward contracts. Get the best of both worlds without the misery. XGA is worth a look.
@0x94305 And this is why future blockspace markets make sense only if you are auctioning off part of the block and not the whole one. Check https://t.co/LsrUaf9vbM
@_charlienoyes@0x94305 You are spot on with your thoughts. And it's important to create awareness for this risk, so thanks for beating the drum. Mind the basic assumption is that entire blocks need to be auctioned off for preconfs. But there are smarter approaches out there.
@_charlienoyes You will not have multi block MEV if you avoid entire-block-auctions. Instead only auction the (mostly) app/builder part (beta) and leave the top for searchers. It's possible and even live on ETH mainnet right now. Check https://t.co/qfPdvC4GKn
@_charlienoyes You will not have multi block MEV if you avoid entire-block-auctions. Instead only auction the (mostly) app/builder part (beta) and leave the top for searchers. It's possible and even live on ETH mainnet right now. Check https://t.co/qfPdvC4GKn
@_charlienoyes@_charlienoyes you can solve the L1 app hospitality with pre-confirmations without negative/extra Multi-Block MEV implications by not auctioning the entire block but splitting it and only auctioning the alpha part. Check https://t.co/qfPdvC4GKn - a lightweight low risk solution
@HighRiskSzn @Hirnschluckauf Die ist klar, dass du eine plausible Erklärung bekommen würdest, wenn du dir die Mühe machen würdest zu recherchieren, right? Schätze aber die Entscheidung stattdessen ein Aluhut Wutbürger zu sein ist besse für die Komfortzone.