From 79342c515c229265604f060ec2b787657a1b2135 Mon Sep 17 00:00:00 2001
From: bt3gl <1130416+bt3gl@users.noreply.github.com>
Date: Fri, 23 Sep 2022 06:22:52 -0700
Subject: [PATCH] =?UTF-8?q?=F0=9F=A4=96=F0=9F=94=AA=20flashbots?=
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flashbots/README.md | 40 ++++++++++++++++++++++++++++++----------
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diff --git a/flashbots/README.md b/flashbots/README.md
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+++ b/flashbots/README.md
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-## 🤖 Flashbots
+## 🤖🔪 flashbots
-* Flashbots is a research and development organization focused on mitigating the negative externalities of current MEV extraction techniques and avoiding the existential risks MEV could cause to state-rich blockchains like Ethereum.
-
-* Flashbots try to move the problem to another area to prevent clogging up the Ethereum network and giving it more clarity. I works by reducing MEV's complexity by three fronts:
- - tools to inspect and quantize the impact of MEV. This helps reduce the information asymmetry and people can understand the problem and its impact better. (MEV-Inspect).
- - Democratize the extraction of MEV. The power to extract MEV exists in the hands of few people so they provide tools for everyone to start extracting MEV. (MEV-Geth)
- - Distribute the benefit of MEV. Currently, the miners and validators extract a disproportionate amount of benefits. So it’s important to redistribute these to all the participants.
+### tl;dr
-### The auction architecture relies on 3 parties:
+* flashbots is a research and development organization focused on mitigating the negative externalities of current MEV extraction techniques and avoiding the existential risks MEV could cause to state-rich blockchains like Ethereum.
-- searcher: bots looking for access to blockspace, users frontrunning protection on their transactions, and dappas with advanced use cases
+* flashbots try to move the problem to another area to prevent clogging up the Ethereum network and giving it more clarity. I works by reducing MEV's complexity by three fronts:
+ - **inspect and quantize the impact of MEV**: this helps reduce the information asymmetry and people can understand the problem and its impact better (mev-Inspect).
+ - **democratize the extraction of MEV**: the power to extract MEV exists in the hands of few people so they provide tools for everyone to start extracting MEV (mev-feth, mev-boost).
+ - **distribute the benefit of mev**: currently, the miners and validators extract a disproportionate amount of benefits. So it’s important to redistribute these to all the participants.
+
+
+
+---
+
+### auction architecture
+
+
+
+- searcher: bots looking for access to blockspace, users frontrunning protection on their transactions, and dapps
- relay
- miner
+----
+
+### resources in this repo
+
+
+
+* [scripts](https://github.com/bt3gl-labs/1337_mev_toolkit/tree/main/flashbots/scripts)
+* [tools](https://github.com/bt3gl-labs/1337_mev_toolkit/tree/main/flashbots/tools)
+* [mev-boost stuff](https://github.com/bt3gl-labs/1337_mev_toolkit/tree/main/flashbots/mev-boost)
+
+
+
----
-## Tools and resources
+### other resources