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flashbots
tl;dr
- flashbots is a research and development organization focused on mitigating the negative externalities of current MEV extraction techniques.
- after the release of MEV-geth (and later MEV-boost), much of the computation related to MEV was taken off-chain, by a side-relay that allows MEV searchers to communicate directly with nodes and other participants. This lead to a decrease in fee congestion pricing.
- however, MEV “marketplaces” like flashbots, are quite centralized, since the vast majority of blocks flow through it.