notes and resources on protocol economy

🛵 design

proposer-builder separation

• notes on pbs, by barnabe.eth

  • thoughts on in-protocol pbs, market structure and allocation mechanism, whole vs. partial block building, block vs. slot auctions, inclusion lists, capturing true pbs value via consensus bid and protocol capture.

eip-1559

• transaction fee mechanism design for ethereum, by tim roughgarden
  • thoughts on how eip-1559 proposes a major change to ethereum's transaction fee mechanism, the market for ethereum transactions, incentive-compatible transaction fee mechanisms, and alternative designs.

mev-smoothing

• burning mev through block proposer auctions, by domothy