charlescharles

I think public bids are the equilibrium - builders will bid up to their value for a given slot, and proposers are therefore incentivized to publish the current highest bid....

@barnabemonnot here are a couple things that may or may not be issues with your strawman setup; I'd be curious to hear your thoughts. - what prevents a builder-relay from...

Yeah, I have been conflating builders and relays because relays kind of seem irrelevant in a game theoretic analysis (or something) - if a mechanism is incentive-compatible for neither builders...

> Can you expand on what relays look like then, in a MEV-boost landscape? I thought of them as a handful, like Infura, Metamask, Flashbots, well-known names, for which validators...

> The more I think about it the more it seems like few rules can be enforced and perhaps it's best to let relays operate their favoured trade-offs. Yeah, I...

Here’s an idea for a reputation system - so the relay really only needs to simulate the best block it’s received so far, right? How about: - relay asks builders...

Not directly related to crlists, but I was thinking that PBS generally makes large-scale censorship by eg state actors a lot easier. If you have a bunch of money and...

> What I'm thinking is that this could be just an expectation of how builders work, and it can be reflected on their monitoring and rating, or demanded on the...