11–20 of 67 posts
> The Flashbots system is integrated into the current Proof of Work (PoW) mining system on Ethereum. When the Merge happens and PoW mining is switched off, Flashbots adoption will reset to zero again.
This article is kind of dated at this point.
> Therefore, block producers and searchers require complex systems similar to those of a sophisticated trading house, like Alameda Research or Jump for example. This can therefore result in significant centralisation pressures for block producers, with smaller less sophisticated block producers being unable to compete. I want to make sure I have this straight. The "therefore" in this paragraph refers to how miners "r…
The way that transactions are bundled is no longer done by mining pools and block construction has the ability to be outsourced. I personally, think they should have shipped with this, but I'd expect this to get rolled into a future release.
> [flashbots] is not, strictly speaking, a necessary component of the block production process. The centralised Flashbots relay entity does not directly own any hashpower. Nor can Flashbots censor non-MEV related transactions. Miners can still include transactions that did not go through the Flashbots relay.
This is also likely to change as MEV Boost relay code was recently open sourced to accelerate and promote more relay diversity.
https://www.theblock.co/amp/post/164152/flashbots-to-hasten-...
> Therefore, block producers and searchers require complex systems similar to those of a sophisticated trading house, like Alameda Research or Jump for example. This can therefore result in significant centralisation pressures for block producers, with smaller less sophisticated block producers being unable to compete. I want to make sure I have this straight. The "therefore" in this paragraph refers to how miners "r…
> How does the MEV landscape change in post-merge Ethereum? The way that transactions are bundled is no longer done by mining pools and block construction has the ability to be outsourced. I personally, think they should have shipped with this, but I'd expect this to get rolled into a future release. https://github.com/flashbots/mev-boost
In Ethereum, as of May 2022, it is believed that over 90% of miners are connected to the Flashbots server. One can determine this by observing that over 90% of blocks contain Flashbot transaction bundles. Adoption from 0% to around 90% occurred almost entirely within 2021. Flashbots is a single centralised entity. It is funded by Fred Ehrsam’s crypto VC firm Paradigm, although it appears that this funding could be al…
flashbots faq seems out of date as relay.flashbots.net resolves to 104.26.10.65 & isp = Cloudflare in San Francisco
Earlier quoted context omitted.
> How does the MEV landscape change in post-merge Ethereum? The way that transactions are bundled is no longer done by mining pools and block construction has the ability to be outsourced. I personally, think they should have shipped with this, but I'd expect this to get rolled into a future release. https://github.com/flashbots/mev-boost
Just to make this clear, the MEV problem and centralization pressure is still there, it's just been temporarily disrupted. Like you said, this can be fixed more easily now but hasn't yet.
Introducing mev-boost now would have likely caused delays in the merge and at some point, you just have to make the switch and fix things later, which is what they did.
[0] https://twitter.com/koeppelmann/status/1570436882483523585