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WIP: DRAFT MODE Motivation and Market Forces Figure: MEV supply chain in the PBS. Credit by Sen Yang, arXiv:2405.01329 [cs.CR] Private order flows account for over 60% of the Miner Extractable Value (MEV) in more than half of the daily blocks since July 20231. These private flows are controlled by providers who often require builders to mee...

Overview Public blockchains like Ethereum provide an ideal infrastructure for the development and operation of AI agents, due to their distinctive features that align perfectly with the needs of decentralized, autonomous systems. These platforms not only support but enhance the capabilities of AI agents, fostering a new era of technological int...

In Ethereum consensus mechanism, it’s critical for all participating nodes to agree on the state of the system consistently and efficiently. The Simple Serialize (SSZ) framework facilitates this through Merkleization, a process that transforms serialized data into a Merkle tree structure. This wiki page discusses the intricacies of Merkleization...

Overview Simple Serialize (SSZ) is a serialization and Merkleization scheme designed specifically for Ethereum’s Beacon Chain. SSZ replaces the RLP serialization used on the execution layer (EL) everywhere across the consensus layer (CL) except the peer discovery protocol. Its development and adoption are aimed at enhancing the efficiency, secu...

Recursive Length Prefix (RLP) is a core serialization protocol used within the execution layer for encoding and parsing data. It is designed to serialize data and produce a structure readable by all client software. It is used for everything from transaction data to the entire state of the blockchain. This wiki page explores the internals of RLP...

Note: This article is inspired by Barnabé’s article More pictures about proposers and builders. I am very inspired by his writings on Ethereum. Hence this article is dedicated to him. Proposing Rights and the Role of Validators Figure: Proposing Rights and the Role of Validators, Credit by Barnabé Monnot Imagine you’re at a huge music festi...

Table of Contents ePBS Design Specifications Specifications Overview Detailed Processes and Timelines Anatomy of a Slot Timeline Inclusion List Timeline Execution Payload’s Timeline Payload Attestation’s Timeline Beacon Block’s Timeline Honest Validator Beha...