In this blog post we introduce a new approach to block building: parallel block building. Instead of treating all transactions as potentially conflicting - as traditional sequential building algorithms do - parallel block building recognizes that most transactions in a block are actually independent. When a user swaps ETH for USDC, it doesn't affect someone minting an NFT - so why process them sequentially?
Flashbots Protect is the longest running and most used private RPC in crypto. Since 2021, Protect has been used by 2.1 million Ethereum accounts to protect $43 billion in DEX volume and earn 313 ETH in refunds. Today, on its third anniversary, we look back on Protect’s journey and where it’s going next:
TL;DR: It has been a great year for Flashbots Protect! Post-merge, all transactions sent to Protect will have frontrunning and revert protection. But due to how mev-boost will be launched at the merge, Flashbots Protect will be down for at least 1 hour after the merge. If you rely on Flashbots Protect as a user or application developer then please plan accordingly.
Today Flashbots and our community are excited to launch a public beta of Flashbots Protect, a new product line focused on allowing everyday users and developers to easily submit transactions to Flashbots.