You signed in with another tab or window. Reload to refresh your session.You signed out in another tab or window. Reload to refresh your session.You switched accounts on another tab or window. Reload to refresh your session.Dismiss alert
How would Bolt change if Ethereum were to enshrine PBS? And what impact would each specific model of enshrinement have? So far, there are 2 paths being discussed: block auction & slot auction ePBS. Block auction ePBS is a very literal enshrinement of what we have now, where builders compete in a JIT auction and the proposer picks the highest bid. A committee is then responsible for mediating the fair & timely exchange. With slot auction ePBS, the builder would buy the slot ahead of time, meaning they know exactly when it will be their turn to propose a block. This means that they could very well be the entities giving commitments like preconfirmations.
reacted with thumbs up emoji reacted with thumbs down emoji reacted with laugh emoji reacted with hooray emoji reacted with confused emoji reacted with heart emoji reacted with rocket emoji reacted with eyes emoji
-
Context
How would Bolt change if Ethereum were to enshrine PBS? And what impact would each specific model of enshrinement have? So far, there are 2 paths being discussed: block auction & slot auction ePBS. Block auction ePBS is a very literal enshrinement of what we have now, where builders compete in a JIT auction and the proposer picks the highest bid. A committee is then responsible for mediating the fair & timely exchange. With slot auction ePBS, the builder would buy the slot ahead of time, meaning they know exactly when it will be their turn to propose a block. This means that they could very well be the entities giving commitments like preconfirmations.
References
Beta Was this translation helpful? Give feedback.
All reactions