2 posts tagged with "data"

We live in a world where decentralized finance ("defi") market structure and transaction execution is constantly changing, and poorly understood by most. Among this complexity, it is easy to forget that defi's market structure today is meaningfully different from the current state of traditional finance ("tradfi"). From the roots of a permissionless, global, decentralized genesis, defi is already well along the path to addressing a number of the criticisms levied at tradfi execution, by market participants and regulators alike.

tl;dr

• A new mev-boost feature allows validators to maximize Ethereum’s censorship resistance by building low-MEV blocks locally while still outsourcing the building of high-MEV blocks.
• Using this feature carries an opportunity cost—the price of resilience.
• As most blocks are actually low-MEV, however, forfeiting a little profit goes a long way in increasing resilience!
• This is a breakthrough in the tradeoff between maximizing MEV extraction and maximizing censorship resistance.