Content
@
0 reply
0 recast
0 reaction
Barnabé Monnot
@barnabe
A new post on everything ePBS, slot auctions, execution tickets, attester-proposer separation, preconfirmations and even PEPC! I propose an alternative mechanism, "APS-Burn", to execution tickets in order to achieve attester-proposer separation https://mirror.xyz/barnabe.eth/QJ6W0mmyOwjec-2zuH6lZb0iEI2aYFB9gE-LHWIMzjQ
1 reply
4 recasts
15 reactions
Ladislaus
@ladislaus
Great framing of the current APS landscape, thank you for that! When contrasting ETs vs APS-burn it appears to me that you value shielding validators from relays/mevboost completely (w/ ETs) *lower* compared to the abundance of added complexities due to ET (pricing) mechanisms (if APS-burn). Is this a fair assessment?
2 replies
0 recast
0 reaction
Barnabé Monnot
@barnabe
Hmm i don’t think that’s the case though. If APS-Burn, validators are very passive with respect to pricing, they just confirm some bid floor à la mev-burn and take home some residual (hopefully a small one due to the auction being very early). Could also use a different auction model if we preferred
2 replies
0 recast
0 reaction
Ladislaus
@ladislaus
Right, I needed to re-hash the bidding&attestation process in the original MEV-burn design, but see your tentative sympathy for APS-burn over ETs clearer now.
1 reply
0 recast
0 reaction
Ladislaus
@ladislaus
Have to think about it more, but an overarching design question seems to be if we want the protocol to shield beacon proposers from the overhead of "selling" future blockspace (w/ ETs) or explicitly delegate this task to them (w/ APS-Burn)
1 reply
0 recast
1 reaction
