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The Future of MEV
April 9, 2024, 4:11 a.m. | Jonah Burian
cs.CR updates on arXiv.org arxiv.org
Abstract: This paper analyzes the Execution Tickets proposal on Ethereum Research, unveiling its potential to revolutionize the Ethereum blockchain's economic model. At the core of this proposal lies a novel ticketing mechanism poised to redefine how the Ethereum protocol distributes the value associated with proposing execution payloads. This innovative approach enables the Ethereum protocol to directly broker Maximal Extractable Value (MEV), traditionally an external revenue stream for validators. The implementation of Execution Tickets goes beyond optimizing …
arxiv blockchain cs.cr cs.gt economic ethereum future lies mechanism mev novel payloads protocol research ticketing tickets value
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