new protocol development is starting to migrate off of ethereum as a result of on-chain applications lacking the ability to sequence themselves (check out the self sequencing and v cool @penumbrazone and @HyperliquidX !)
blockchains, as a product of being time discrete systems, create pressurized value in certain storage slots, similar to the value HFT firms compete over. on-chain applications are the best entities to decide how to fairly distribute this value academic.oup.com/qje/article/13…
i include a possible rough draft specification for ethereum to add support for native bundles with 2 new transaction types, giving onchain applications more control over their sequencing ⚠️🔨🤌
included is a repo demonstrating a concept UniswapV3 pool which auctions off its first swap using block builders' already provided bundle infrastructure, an example of the type of system sequencing rules could enable github.com/Lilyjjo/tldr-r…
these are just my thoughts that i need to get more people helping me think on so we can make the EVM great again 💙🌍. read all of it here: ethresear.ch/t/evm-native-s…
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