Multi-block MEV. (arXiv:2303.04430v1 [cs.CR])

Multi-block MEV denotes the practice of securing k-consecutive blocks in the
attempt at extracting surplus value by manipulating transaction ordering.
Following the implementation of proposer/builder separation (PBS) on Ethereum,
savvy builders can secure consecutive block space by implementing targeted
bidding strategies through relays. We collect data on all bids submitted by
builders through relays, finding that 20.60% of blocks issued since the Merge
share single builder entities for consecutive sequences. Our results indicate
that single builder entities are implementing super …

block builder builders collect data entities ethereum merge mev pbs practice results share single space transaction value