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@ethash0

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calendar_today16-10-2022 17:13:49

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@bertcmiller βš‘οΈπŸ€– (@bertcmiller) 's Twitter Profile Photo

If you liked Salmonella you're gonna love this Last night someone used an *extremely* clever mechanism to take a hundred ETH from sandwich bots Then a 2nd person jumped in and made 300 MORE ETH by exploiting other sandwich bots Long thread on how πŸ‘‡πŸ»

@bertcmiller βš‘οΈπŸ€– (@bertcmiller) 's Twitter Profile Photo

Alright everybody, join me as I relay a heist that took place across blocks yesterday and unveil a novel form of MEV. Again it will be a long and semi-technical journey but I think it is worth it.

@bertcmiller βš‘οΈπŸ€– (@bertcmiller) 's Twitter Profile Photo

An Ethereum Uncle Bandit strikes again, this time for 145 ETH However this time the bandit left a trail to their identity, and you'll learn who it is in this MEV story πŸ§΅πŸ‘‡πŸ» h/t Alchemy for the artwork

An Ethereum Uncle Bandit strikes again, this time for 145 ETH

However this time the bandit left a trail to their identity, and you'll learn who it is in this MEV story πŸ§΅πŸ‘‡πŸ»

h/t <a href="/AlchemyPlatform/">Alchemy</a> for the artwork
@bertcmiller βš‘οΈπŸ€– (@bertcmiller) 's Twitter Profile Photo

Even vitalik.eth can't escape the monsters of the dark forest Twitter wasn't the only party watching Vitalik's wallet. As always bots were ready to extract what value they could from his pending transactions. Brief recap of those bots and what Vitalik did

@bertcmiller βš‘οΈπŸ€– (@bertcmiller) 's Twitter Profile Photo

Found a clever honey pot contract At a glance it looks vulnerable: an admin provides a string that is used as a key. Anyone that calls a function w/ 1 ETH and the string takes away 30 ETH. So just find the admin's transaction and copy the string, right? etherscan.io/address/0xb58c…

@bertcmiller βš‘οΈπŸ€– (@bertcmiller) 's Twitter Profile Photo

It is a small coup that fairness is so associated with "fair ordering" / time based ordering There is no single notion of "fair." These protocols privilege a different set of actors and MEV extraction is a different "game" to play on them Disclaimer: personal views

@bertcmiller βš‘οΈπŸ€– (@bertcmiller) 's Twitter Profile Photo

One reason why it makes sense to study the broadest definition of MEV - and NOT only frontrunning - is these ~$100m/yr worth of arbs might contribute to economic centralization over time if they aren’t available to all validators.

Arbitrum Developers (πŸ’™,🧑) (@arbitrumdevs) 's Twitter Profile Photo

Curious about the proposed changes to our transaction ordering policy? Read on as our co-founder Ed Felten walks us through a modified version of the first-come, first-served (FCFS) sequencing model, outlining the why, and the rationale behind it! πŸš€ offchain.medium.com/time-boost-a-n…

Toghrul Maharramov πŸ‡ΊπŸ‡¦ (@toghrulmaharram) 's Twitter Profile Photo

In my new article, I switch sides for a change🫑 This is Part I of an III-part series exploring the myths and misconceptions surrounding rollups mirror.xyz/toghrulmaharra…

Patrick McCorry (πŸ’™,🧑) (@stonecoldpat0) 's Twitter Profile Photo

Motivated by smartcontracts.eth (βœ¨πŸ”΄_πŸ”΄βœ¨) ETHGlobal talk, I’ve put together a rollup deconstruction to try and get to the heart of this question: - Should we define a rollup through the lens of a validating bridge or a community? Find out for yourself πŸ™‹πŸ»β€β™€οΈ stonecoldpat.substack.com/p/deconstructi…

Nick White 🀳✨ (@nickwh8te) 's Twitter Profile Photo

Layer 0 is social consensus. Why? Because every blockchain relies on off-chain social consensus to agree on: 1. The state transition function 2. The fork choice rule How does this relate to sovereign rollups? 🧡