It's been one year since The Merge. And in that time, there have been significant advancements that have redefined the
@Ethereum ecosystem w/ both positive and negative impacts on the network, its end-users, and the critical actors in the MEV supply chain.
Blocknative PM
@sajidazouarhi breaks down some of the key lessons we've learned this past year, including:
✅The pursuit of maximum profits fuels centralization at the core of the network.
✅Vertically integrated Searcher/Builders have proven positive economics, while credibly neutral Builders struggle to find margin and hence revenue/profitability.
✅MEV-Boost Relay operations are effectively 100% risk, 0% reward.
✅Based on the latest in ePBS research, trusted third-party Relays at the core of the network will be a fact of life for the foreseeable future.
✅Sanctions – and OFAC SDN specifically – played an unexpected role in shaping staking and PBS landscape.
✅Promises of ‘protecting’ users from the adverse effects of MEV remain to be fully proven out.
Check out the full post for a deep dive 👇
blocknative.com/blog/one-yea…