Showcasing mev - bor’s Stability: The goal behind Marlin’s running a 0% commission node on Polygon
It’s been more than a decade since a particular Satoshi Nakamoto released Bitcoin. During that time, most researchers and developers worldwide have incredibly and rapidly expanded Satoshi’s ideas, proposing distributed ledgers in various forms. In the last few years, we’ve seen a historic explosion of blockchains, all attempting to improve on Bitcoin’s idea, expanding the technology’s reach to various sectors.
Although these other models preach a different story to Bitcoin, they are all based on the same digital principles of peer-to-peer networking. On the other hand, while consensus protocols and incentive mechanisms have advanced significantly, not much has changed at the network layer.
Current decentralized systems rely on Gossip protocols for peer-to-peer communication. It works so that a sender broadcasts a message to its peers, who then iteratively forward it to their peers until the entire network has received it.
While such protocols have been reliable for distributing accurate data, they are frequently inefficient in terms of:
● Latency of propagation
● Bandwidth consumption
● Network congestion
● Issuing incentives
● Maximum security
Marlin Protocol aims to improve the state of decentralized systems further.
Marlin Protocol
Marlin is a layer-0 protocol that provides Decentralized Finance (DeFi) and Web 3.0 networks with high-performance network infrastructure. Marlin focuses on improving the efficiency of decentralized applications by enhancing blockchain speed and scalability at the network layer.
The Marlin Network is blockchain-agnostic and can be easily integrated on layer-1 and layer-2 platforms, allowing easy expansion.
The Marlin network’s nodes, known as Metanodes, run the MarlinVM, a virtual router interface that allows developers to deploy customized overlays and perform edge computations. The high-powered traffic flow, route optimizations, and other features enable incredibly fast, high-volume data transfer for next-generation video games and HD streaming through the InterPlanetary File System (IPFS).
The Marlin Protocol runs a 0% commission node on Polygon, improving validators, developers, and MEV searchers’ experience in its bid to make do of its promise.
Introducing MEV Support for Polygon
Miner Extractable Value (MEV) is the maximum value extracted from block production more than the standard block reward and gas fees by including, excluding, and rearranging the order of transactions in a block.
Miners are the only party who can guarantee the execution of a profitable MEV opportunity, so the MEV theory is majorly centered on the miners. Practically, independent network participants are known as “searchers” who extract a large portion of MEV. Searchers use complex algorithms to analyze blockchain data to identify lucrative MEV opportunities, and they use bots to automatically submit those lucrative transactions to the network.
With the release of mev-bor, a fork of Polygon’s Bor client designed to process Flashbots bundles based on mev-geth, processing transactions has been easier for validators.
The advantage of sending a Flashbots bundle over having to send a set of transactions is that the transactions in a bundle are executed in order, atomically, without the need for extensive gas price manipulation. Furthermore, the specification ensures that reverting bundles are not added to the block, preventing extraneous gas usage.
Flashbots is a research and development organization focused on mitigating the negative external costs of MEV extraction processes and preventing the existential risks MEV could pose to blockchains like Ethereum. The main goal of Flashbots is to create a permissionless, transparent, and equitable MEV extraction ecosystem. Bringing Transparency to MEV Activity, Democratizing Access to MEV Revenue, and Enabling Fair Redistribution of MEV Revenue are the three key goals of Flashbots.
MEV-geth, on the other hand, fills in the gap between miners and users. It enables miners to meet a user’s demand in return for additional revenue. This is accomplished by contracting out a portion of the mempool’s transaction collection and ordering process to third-party MEV-searchers eager to have their transactions included on time.
Marlin will run a private relay similar to Flashbots, which will also be responsible for spam prevention and Denial of Service (DoS) protection to prevent bundles from being revealed or jammed in the public mempool.
It is widely acknowledged that not all MEVs are beneficial to a whole ecosystem. As a result, it’s essential to understand how much MEV is extracted in a given network and how. The Marlin team has always extended mev-inspect to support Polygon while the relay runs health monitoring infrastructure to assess validators and searchers’ activities continuously. The following are some of the essential features:
- Adding support for Geth RPC API, as both the Python and Rust implementations of mev-inspect have an RPC API resembling Parity, and an OpenEthereum/Erigon implementation for Bor is unavailable.
- Polygon-based DApps are supported.
Mev-bor’s Stability
The Marlin Protocol runs a 0% commission node on Polygon, showcasing mev-bor’s stability. A look at the MEV Stats on Polygon here will prove this stability and showcase the progress made by the Marlin Protocol.
The plans for the future include conveying the usage of mev-bor and onboarding more validators, developers and MEV searchers.
Conclusion
If validators seek to boost their income by including MEV bundles, developers of DApps looking to protect their user’s transactions from frontrunning, and MEV searchers interested in prioritizing bundles, the Marlin protocol is the go-to network for achieving these goals.
Their MEV support for the Polygon network provides the much-needed room for Validators, DApp developers, and MEV searchers to experience blockchain at its best.
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