From 311426a9e3b3c69819d56845928fb6b8759cc9c7 Mon Sep 17 00:00:00 2001 From: "dr. mia von steinkirch, phd" <1130416+mvonsteinkirch@users.noreply.github.com> Date: Tue, 7 Feb 2023 08:49:38 -0800 Subject: [PATCH] block builders aggregation notes --- MEV_on_Ethereum/block_builders.md | 15 +++++++++++---- 1 file changed, 11 insertions(+), 4 deletions(-) diff --git a/MEV_on_Ethereum/block_builders.md b/MEV_on_Ethereum/block_builders.md index 268063d..5d3b1c8 100644 --- a/MEV_on_Ethereum/block_builders.md +++ b/MEV_on_Ethereum/block_builders.md @@ -1,11 +1,18 @@ -## block builders +## block builders on ethereum ### tl; dr +* builders will aggregate txs from users, MEV searchers, and own private order flow to make the highest value blocks possible + * `blockValue` = `txFees` + MEV + * block bidding is carried out as a sealed bid auction + * however, searchers can pay the builder through either coinbase payments and `txsFees` +* builders with exclusive private orderflow should create the most valuable block. +* builders having its blocks included consistently incentivizes more private order flow (searchers want their tx included) +* builder can be selling future blockspace upfront so market makers or protocols can secure block space for their transactions or users + + +
-* `blockValue` = `txFees` + MEV -* block bidding is carried out as a sealed bid auction -* however, searchers can pay the builder through either coinbase payments and `txsFees` ---- ### resources