devcon 6 / this is mev
Duration: 00:29:15
Speaker: sxysun
Type: Talk
Expertise: Advanced
Event: Devcon
Date: Oct 2022
Categories
Conditional Recall
In the neon-lit nights of 2025, Johnson & Johnson unveiled X. A pill, not larger than a snowflake, but it promised a tempest of change. This miraculous drug didn't just allow people to cherry-pick memories to erase from their minds, it also can credibly leave a reminder in people's minds that those memories has been vanished, forever. We explore the game theoretic implications of a technology (such as TEEs) that allows players to commit to forget information and discuss several applications.
Nano-payments on Ethereum
Piotr Janiu of Golem (http://golemproject.net/) presents on Nano-payments on the Ethereum blockchain
Liquidity on Blockchains
Casey Detrio presents on Liquidity on Blockchains with Batch Auctions and Smart Markets.
Programmable Incentives: Intro to Cryptoeconomics
Karl Floersch presents their talk titled, "Programmable Incentives: Intro to Cryptoeconomics"
Transparent Dishonesty: Blockchain Front-running Taxonomy
Front-running has been an issue in financial instrument markets since the 1970s. With the advent of the blockchain technology, front-running has resurfaced in new forms we explore here, instigated by blockchains decentralized and transparent nature. In this paper, we draw from a scattered body of knowledge and instances of front-running across the top 25 most active decentral applications (DApps) deployed on Ethereum blockchain, and an instance of abnormal behaviour of a mining pool to participate in an ICO. We also introduce a taxonomy of front-running attacks on blockchain and map the proposed solutions to front-running into useful categories. Published at Financial Cryptography and Data Security 2019: https://arxiv.org/abs/1902.05164
A Modest Proposal for Ethereum 2.0
Vitalik Buterin gives his talk titled, "A Modest Proposal for Ethereum 2.0"
A Mechanism for Pricing Non-fungible Resources: Toward Multi-dimensional Fee Markets
We propose a new mechanism for multi-dimensional resource pricing in blockchains. Currently, many blockchain systems operate with either fixed transaction fees or fixed relative prices of different resources (e.g., compute, memory, storage). Our proposed mechanism prices resources independently and automatically in a way that maximizes some utility set by the protocol designer.
Amplifying Consensus Participation with Blockspace Markets
In order to maximize staking participation post-merge, we need to provide capital markets for blockspace demand. This can come in the form of Yield Tokenization (e.g. Swivel, Element), blockspace reservations (e.g. Eden Network), or direct exchanges (e.g. Alkimiya), however composable infrastructure is necessary. With composable infrastructure on the capital markets layer, we can create interesting instruments such as combined staking+lending+options products, and derivative stablecoins.
Evaluating the PBS Experiment: Early insights from MEV-Boost and the Builder Market
PBS is a major change to the core Ethereum protocol. It attempts to minimise negative effects of MEV by delegating block building to a market of block builders. This talk would cover what we have learned from the rollout of mev-boost, focusing on what is happening in the builder market, and what this means for the future of in-protocol PBS. What are the main improvements that we can make to the PBS design in response to how this prototype version is performing?
One Block, One Batch: Examining the Potential of Frequent Batch Auctions in Ethereum
This talk will focus on the future of (de)centralized trading, and examine how frequent batch auctions can revolutionize existing market economics by bringing fairness and protection to Ethereum’s various stakeholders. We will review why Ethereum would benefit from a global batch settlement layer, touching on MEV and unfair pricing of CFMMs.