Addressing BPEV and possible censorship with Flashbake

[JarrodWoodard]

If you can make it, please join myself and @nicolasochem for the #BlockchainEvolved show tomorrow in the Tezos discord at 1 pm EST ( event link - Tezos Blockchain ).

This week the topic is Flashbake, an interesting solution to potential problems of block producers ( Bakers ) having the capacity to censor or prioritize certain transactions.

Find out more about Flashbake here:

Flashbake | Flashbake

Flashbake – Medium

Announcing Flashbake, an initiative to tackle BPEV on Tezos

Also posted on Medium When a Tezos user submits a transaction, it is transmitted to the bakers who store it in their mempool until it is included in a block. Every transaction contains a fee for the baker. When it is their turn to bake a block, the baker picks the transactions with the highest fees and assembles them into a block up to the size limit. What happens then when blocks become full? The default baker implementation will prefer transactions with higher fees. The user can increase th…

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