Share this article
BTC
$82,891.82
+
2.51%ETH
$1,549.05
+
0.26%USDT
$0.9995
+
0.03%XRP
$2.0132
+
0.35%BNB
$584.88
+
0.91%SOL
$119.97
+
3.97%USDC
$0.9999
+
0.01%DOGE
$0.1584
+
0.95%TRX
$0.2428
+
2.76%ADA
$0.6193
-
0.79%LEO
$9.3356
-
0.89%LINK
$12.52
+
0.88%AVAX
$18.88
+
1.79%XLM
$0.2333
+
0.31%SHIB
$0.0₄1211
+
1.51%SUI
$2.1657
-
0.28%TON
$2.8336
-
3.16%HBAR
$0.1660
-
2.69%BCH
$312.10
+
5.19%OM
$6.4137
-
0.37%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Flashbots Reveals New Version of Its Key Ethereum Software
Development of SUAVE, as the project is codenamed, has been going on for a year.
Flashbots, whose software plays a pivotal role in the Ethereum blockchain ecosystem, said Friday that for the past year it has been developing a new version of the technology.
- The company announced this at Devcon in Bogota, Columbia, the biggest Ethereum conference of the year. Flashbots is a research and development team that has been working on ways to curb the potential harms of MEV – a controversial way of making money by reordering blockchain transactions.
- The new version is called "SUAVE," a codename that stands for “Single Unifying Auctions for Value Expression.”
- According to a presentation slide from Devcon, the software will be a fully decentralized block builder.
- It will be open source and EVM-compatible, supported across multiple chains.
- The Flashbots team announced that more details about SUAVE will be shared next week.
- Flashbots garnered a lot of attention recently when it decided to make open source its MEV-boost code following the U.S. Treasury Department’s decision to sanction Tornado Cash transactions. This way others could develop their own non-censoring relays.
For the last year, we have been developing the next generation of Flashbots under the codename “SUAVE” pic.twitter.com/Km2Awm8YoR
— Hasu⚡️🤖 (@hasufl) October 14, 2022
STORY CONTINUES BELOW
Read more: What’s Going On With Ethereum’s MEV-Boost?
Margaux Nijkerk
Margaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds BTC and ETH above CoinDesk's disclosure threshold of $1,000.
