Targeting Zero MEV in the Base Layer
summary
Proposes a base-layer content layer that decentralizes block content (many nodes decide one block) and chunks the mempool every one to three seconds so validators must write chunks in order, forcing a 51%‑level attack to reorder. A prototype called Plain ALEX is under development, with next stages Dark ALEX (time‑lock or threshold encryption) and Fair ALEX (send‑time ordering via pickers). Analysis of Flashbots bundles shows ~43% clearly exploitative MEV and a ~40% reduction in a 12‑second chunking simulation, leaving about 70 transactions per chunk.
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chapters (12)
- 0:00Introduction
- 1:42Defining MEV and impact
- 3:28MEV as data corruption
- 5:11Base layer fixes for MEV
- 6:15Send-time transaction order integrity
- 8:04Decentralizing content creation
- 9:27Restructuring mempool
- 10:53Plain Alex content layer
- 11:56Quantifying MEV reduction
- 13:01Plain Alex advantages
- 14:04Roadmap to MEV elimination
- 15:49Fair ordering systems
