TLDR Crypto · INNOVATION & LAUNCHES
MECHAN-STEIN: HOW COMBINING EXISTING PROPOSALS LEADS TO DIFFERENT OUTCOMES
Summary from the TLDR Crypto newsletter
Ethereum block design has three goals: encouraging builder competition, limiting validator sophistication value, and preserving block space neutrality. Mechan-stein combines elements from enshrined PBS & MEV-burn, execution auctions, and FOCIL (Fork-Choice Enforced Inclusion Lists) to achieve all of the desired goals. However, this achievement comes at the cost of significant complexity and further research issues.