Gas Efficiency and MEV Trade-Off in the Fastlane's ASS Framework - A Deep Dive into Domain-Specific Blockchain Constraints
WIP - WORK IN PROGRESS
Introduction
In this technical blog, we will explore deeper into the gas efficiency trade-off, using the insights from Fastlane’s ASS framework1. Their observations, particularly around domain-specific constraints, will serve as the foundation for developing a rigorous, mathematical model that captures the intricacies of...
Quantifying Decentralization and Safety of Social Consensus in Blockchains
Introduction
Social consensus is often treated like a magic fix for safety faults in blockchain networks, especially in the fast-paced conversations on Crypto Twitter (CT). But if history has taught us anything—whether it’s the bitter small block vs. big block debates or the Ethereum split after the DAO fork—it’s that social consensus is anythi...
How MCP and FOCIL Could Transform Blockchain Censorship Resistance
Figure: Multiple Concurrent Proposers in Ethereum
In this article we study the strengths, weaknesses, and implementation challenges of Multiple Concurrent Block Proposers (MCP)1 and Fork-Choice Enforced Inclusion Lists (FOCIL)2, with a particular focus on the BRAID MCP model as discussed in the recent Paradigm Research Workshop3. The primary go...
A Deep Dive into Espresso Shared Sequencing Marketplaces Design
In this article I will present some thoughts and meditations on the Espresso shared sequencing marketplace design1 and some challenges related to this design space. You can read the original Espresso’s article on their design at https://hackmd.io/@EspressoSystems/market-design.
Note: Many thanks to Terry @ EclipseLabs for sharing his notes on ...
Unpacking Robust Restaking Networks - Cascading Attacks and Validator Security
Overview
In this blog post, we will unpack and review the key insights and contributions of the paper Robust Restaking Networks. We will explore the innovative models and conditions proposed by Durvasula and Roughgarden, aimed at ensuring that restaking networks remain secure even in the face of potential attacks. From the importance of overco...
Cross-Chain MEV Auctions - Modeling Proposer Revenue Maximization
Introduction
In the evolving landscape of multi-chain world, one of the key components to unlocking the full potential of cross-chain interactions is through maximizing the value extracted from miner-extractable value, or MEV. This article will explore the mathematical models and optimization of auction mechanisms to maximize proposer revenues ...
Solving the Messopotamia - The Curious World of Sealed Bid Auctions in Ethereum’s PBS
WIP - Work in progress
Note: Many thanks to Barnabé Monnot for reviewing, guidance, and providing feedback.
Introduction
In this post, we explore the intriguing world of edge cases within First Price Sealed Bid Auction (FPSBA) and Second Price Sealed Bid Auction (SPSBA) in Ethereum’s Proposer Builder Separation (PBS) scheme, where traditional...
Sealed Bids in Ethereum's PBS - Impact on Proposer-Builder Dynamics
Note: Many thanks to Barnabé Monnot for reviewing, guidance, and providing feedback.
Introduction
Ethereum’s shift to a Proof of Stake (PoS) consensus mechanism introduces a clear division of roles in block proposal and construction through the Proposer-Builder Separation (PBS) 12. This structure not only improves operational efficiency but al...
64 post articles, 8 pages.