what's flashbots?
Flashbots is a research and development organization dedicated to mitigating the negative externalities of Maximal Extractable Value (MEV) on Ethereum and other blockchains. They provide infrastructure and tools to enable searchers, builders, and validators to capture MEV opportunities responsibly, reducing issues like front-running and transaction manipulation. Key features include MEV-Boost for proposers to access diverse block building, the Flashbots Protect RPC for user transaction protection, and ongoing research into scaling solutions like BuilderNet using Trusted Execution Environments (TEEs). Their work contributes significantly to Ethereum's economy by enhancing network efficiency and fairness.
Flashbots' Daniel Marzec discusses execution, throughput, and scaling Ethereum at a summit.
Links
x.com/flashbots_xBase uses Flashbots for its builder pipeline as part of its execution infrastructure stack.
Tomasz is stepping down from his role at the Ethereum Foundation after approximately one year, having previously had background connections with Nethermind, Flashbots, and VC firms.
Daniel Marzec, Protocol Team Lead, presented at EthereumDenver on execution, throughput, new architectures for scaling Ethereum, MEV, and L2 scaling limits.
Flashbots team publishes position paper on EIP7732 (enshrined proposer-builder separation) advocating for keeping trustless payments in response to recent calls to remove them.
Flashbots develops flashblocks feature for Unichain.
Flashbots completes acquisition of Beaverbuild.
The Peraire-Bueno "MEV Brothers" trial concludes in a mistrial, with the jury split on whether their MEV extraction tactics violated the law.
Obol coordinates new feature in latest mev-boost and Commit_Boost releases that embeds request expiry as HTTP header to solve validator bid timing issues, with feature live on Titan, Bloxroute, and Primev relays and coming to Flashbots and other relays shortly.
Jito and Temporal copy Flashbots technology, with Jito developing BAM based on BuilderNet, as Flashbots acknowledges its current Ethereum system has serious problems with trusted relays requiring fixes.
BuilderNet operates as a permissioned network with operators required to run in vetted cloud environments, drawing criticism about reliance on cloud provider trust if TEEs are compromised.
BuilderNet and all Flashbots products are not vulnerable to the newer chip attack because of physical access requirements, with active R&D ongoing in this security area.
Flashbots Miller provides testimony in federal case US v Peraire-Bueno Day 2, with trial focused on Ethereum sandwich attacks.
Achieved annual revenue in one day, indicating unprecedented demand or exceptional market conditions.
TEEs (Trusted Execution Environments) are reportedly physically compromised, with claims that SUAVE is "cooked" (rendered non-viable) due to this security breach.
Infrastructure adoption expands to multiple major L2s with potential to power nearly 100% of Ethereum transactions across L1s and L2s.
New partnership with Optimism enables sequencing solutions across all OP Stack chains.
Ranks among top 10 revenue-generating protocols on Ethereum alongside major DeFi players, indicating significant protocol adoption and market presence.
Buildernet emerges as second-largest builder platform following third PMF achievement
Single-TEE architecture choice reveals potential security vulnerabilities from hardware centralization.
New thesis identifies MEV as primary blockchain scaling bottleneck, suggesting fundamental shift in scalability approach.
Protects $43Bn+ in DEX volume as leading MEV protection relay, while facing potential dark pool centralization risks.
MEV-boost v1.9 update required for Pectra compatibility; older versions may experience operational issues.
Major Ethereum block builder (40% market share) joins BuilderNet, signaling shift in block building ecosystem.
Development of BuilderNet, teleport, Rollup-boost, and Flashblocks indicates major technical expansion.