pm VS mev-geth

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

Any idea on how to capture it? I assume we need some special software like currently. For current setup you can use https://github.com/flashbots/mev-geth to boost you returns as a miner

Working on? Is this what you're thinking about? https://github.com/flashbots/mev-geth

Flashbots core project Flashbots Auction includes mev-geth, a patch on the go-ethereum client, andmev-relay , a transaction packet repeater.

For anyone interested in more info: Flashbots is working on a product/service called MEV-geth that aims to eliminate frontrunning issues. They have some interesting write ups and information on all of this. I went down the same rabbit hole a few weeks back.

Also, using flashbots can end in a DoS attack against the pool. https://github.com/flashbots/mev-geth/issues/7

Except he didn't. All he did is fork https://github.com/flashbots/mev-geth, while not even disclosing his chances (if there are any) nor publishing the source which is a direct violation to the open source licence of geth/mev-geth. All while selling it to this sub as his great MEV implementation ¯\_(ツ)_/¯

However, given that we are not jokes, today (not "tomorrow" like we are used to see), I'll start to check this one: https://github.com/flashbots/mev-geth .