FairFlow Protocol: Equitable Maximal Extractable Value (MEV) mitigation in Ethereum

• URL: http://arxiv.org/abs/2312.12654v1
• Date: Tue, 19 Dec 2023 22:53:59 GMT
• Title: FairFlow Protocol: Equitable Maximal Extractable Value (MEV) mitigation in Ethereum
• Authors: Dipankar Sarkar,
• Abstract summary: This paper introduces the FairFlow protocol, a novel framework designed to mitigate the effects of Maximal Extractable Value (MEV) The protocol aims to provide a more equitable environment, preventing exploitation by miners or validators, and protecting user data.
• Score: 0.0
• License: http://arxiv.org/licenses/nonexclusive-distrib/1.0/
• Abstract: Ethereum has emerged as a leading platform for decentralized applications (dApps) due to its robust smart contract capabilities. One of the critical issues in the Ethereum ecosystem is Maximal Extractable Value (MEV), a concept that has gained significant attention in the blockchain community. However, MEV has remained a major challenge with significant implications for the platform's operation and integrity. This paper introduces the FairFlow protocol, a novel framework designed to mitigate the effects of MEV within Ethereum's existing infrastructure. The protocol aims to provide a more equitable environment, preventing exploitation by miners or validators, and protecting user data. The combined approach of auction-based block space allocation and randomized transaction ordering significantly reduces the potential for MEV exploitation.

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