We're kicking off @EthCC with @gregthegreek on stage rethinking solver competition.
Solver centralization is already happening. Without new approaches, a winner-take-all model feels inevitable. Most solvers aren’t profitable, and small liquidity edges decide everything.
We've pulled together some of the most interesting research problems in MEV in the new Flashbots Research Problem Database ⚡🤖
It includes completed work, early ideas, WIP, and requests for research in Incentives, cryptography, PBS, TEE, data, and more!
https://t.co/IvyRusPoL2
Today, we introduce a new thesis: MEV has become the dominant limit to scaling blockchains.
Spectacularly wasteful onchain searching is starting to consume most of the capacity of most high-throughput blockchains.
This is a market failure we can no longer ignore.
@MSilb7 Yes, Polygon in defi summer...
I think if you're a solo searcher cheaper chains are certainly better since they can be constantly and cheaply arbed (compared to mainnet in both tx and swap size to rebalance) ignoring competition.
bots spamming every single block with blind arb txs hoping to land one eventually as gas costs are too cheap. 0.00008$ per failed tx for this bot, that's only 10$ for 125k failed transactions. https://t.co/EhYXQlA0hC
🚨 Looking for sponsors! 🚨
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If you're into supporting open access & want your brand seen by a group of highly technical, crypto native, and engaged audience, let's talk!
Interesting scam that has been running since 2018:
A contract with 40 ETH that anyone can take if you could solve this one puzzle, but you have to send 1 ETH to answer:
Interestingly I searched target hash of the answer (0xf152950bed091c9854229d3eecb07fae4c84127704751a692c8409543dc02bd3) on google and found an article dating back to 2018, they've been using the exact same hash since 2018! https://t.co/rJhCUKiaem