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BuilderNet

the days of throwing your hands up and trusting a centralized endpoint are dying. defi is growing up LEAN IN

Mad respect to Unichain for pioneering novel and interesting new features for L2s Just the beginning too! Super excited for what we're going to keep cooking together.

Mateusz Górski 🤖 It already is open source! github.com/flashbots/rbui…

Two parts to this: 1) TEEs keep your info private - transactions are encrypted to the TEE, and only decrypted inside the secure environment. 2) The TEE commits to using a particular ordering rule - anyone can verify this fact, like in a smart contract.

The MEV internalization comes from credibly ordering transactions by priority fee, so apps can rely on this as a building block and charge protocol fees to users based on their priority fee. You can think of it as "What if the apps could peek into the builder auction and

block building must be made decentralised, uncensorable, and neutral. see beaverbuild.org/buildernet.txt, sighash 0xa32c499998e1f55dad0eaab29d33996a30ab1d822d785fb5acc5b6df702c560b1dd7326d5b21cf4884738d5c4493f27ba8c30eaa5e09e7cb7ebb50d7667f6ac61c

Beaverbuild is retiring their centralized block builder to work full time on BuilderNet.

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✅ 250ms L2 tee preconfirmations ✅ verifiable L1 tee auction, cutting-edge efficiency ✅ built on a rigorous base of open research and code warm up done. next inning is gonna really start blowing minds 😉⚡️

Here are my slides from today's The Latest In Defi Research presentation: The (Crypto) World Is Changing Acceleration Is The New Normal. My TL;DR: 1. The world is changing faster than we can comprehend. 2. Competition is 100x more ruthless. 3. We all need to step up. Slides🧵

Crypto won't beat TradFi if we end up with Jump & Citadel running the shop again on top of a censorship resistant orderbook. Crypto wins by building new market structures where users have the edge. Backed by cryptography & economics.

ICYMI: $9B+ in Aave TVL is now secured by Flashbots-enabled SVR price feeds. With 0 bad debt accrued during the (unusually volatile) trial period :)

Over 4 years since Salmonella put pvp searching on most people's radar for the first time Hard to believe it's been so long Nathan Worsley!

I want to do this but for ordering transactions in a block

Long term both statements are true: - UX and execution quality are deeply important, so you don't want to blindly max REV - You should want your chain to make money

BuilderNet is really frickin fast now. In just the last 3 months: - ~30% faster root hash - 100% faster time-to-bid for 99% of bundles - projected 250% (not a typo) faster average fills with EVM caching Soon: HFT-grade sequencing in TEEs.

iykyk. bullish decentralized block building networks.