Flashbots Company Intelligence

November 16, 2022, 11:26AM EST

• 17 min read

Quick Take

Flashbots was established in 2020 to democratize access to MEV revenue, bring transparency to MEV activity and redistribute MEV revenue
Flashbots currently has three product verticals: (1) Flashbots Auction (2) Flashbots Protect RPC and (3) Flashbots Data – in PoS Ethereum, the Flashbots Auction is built on MEV-Boost, an implementation of proposer-builder separation for Ethereum
With 64.3% total block market share and 76.3% MEV-Boosted block market share (last 14 days based on mevboost.pics), Flashbots is a clear winner among the MEV-Boost relayers
Flashbots’ decision regarding Tornado Cash transactions has drawn criticism within the Ethereum community – Flashbot’s dominance of the MEV and block production market could threaten Ethereum’s base layer neutrality by enabling censorship on the blockchain
In October 2022, Flashbots announced an upgrade called SUAVE (Single Unifying Auctions for Value Expression) to address censorship resistance and decentralization concerns

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Already a Research Member? Login Here

Source: https://www.theblockresearch.com/flashbots-company-intelligence-186580?utm_source=rss&utm_medium=rss