pm VS wiki

Here: https://github.com/flashbots/pm

In theory you can do this now by exploiting front-running bots, see https://github.com/flashbots/pm/issues/24

Front run + back run is sandwich. Front running has also been called miner extractable value. This is now called maximal extractable value.

You may want to look a little further, or not.

https://github.com/flashbots/pm

'... mitigating the negative externalities of Maximal Extractable Value ...'

2: sponsored transactions. use flashbots to send transactions directly to miners using a third party address as payment.

I know someone who runs a MEV-Bot, i.e. scanning the mempool for opportunities and bribing miners to include his arbitrage-tx into the chain via FlashBots.

> “Less trust, more truth.”

What a neat platitude that means absolutely nothing. As a society, over, oh I don't know, like 5000 years, we figured out the the best way to enforce truth is via some sort of centralized institution: the court of law.

> They could, right. They sort of do—there’s the star thing that you can only do once per day. But guess what? They're a profit-motivated company. So if you pay Tinder enough, you can just send as many stars as you want.

Wait, crypto miners aren't profit-motivated? Maybe we should introduce Mr. Wood to flashbots[1] -- a "sub-network" of Ethereum miners (a fork of geth) who's entire purpose for existing is front-running. Truth as long as you can pay for it -- got it. Web3 is end-stage capitalism and we've been down this road in the early 1900s. Yawn.

[1] https://github.com/flashbots/pm

For a more decentralized approach, TrueBit offers a solution for off-chain computation. It involves solvers and verifiers who perform computations and verify them. In case of a challenge, an iterative verification process takes place on-chain. Ethereum miners act as judges to make a final ruling. TrueBit creates a computation market where decentralized applications can pay for verifiable computation outside of the network. This allows trustless smart contracts to perform various computational tasks securely.

That solution is undoubtedly Truebit. https://truebit.io/

Yes, it is on truebit.io site: "Truebit combines with bulletproofs to achieve compact, zero-knowledge proofs without trusted setup. "

There's already a whitepaper from 2018 covering the bridge between ethereum and Doge from the creator of Truebit protocol

Perhaps the ELI5 page from Truebit can help