As mentioned in section 3.3 of the Atlas white paper, an Atlas transaction contains a User’s UserOperation followed by an array of Solvers’ SolverOperations that are aggregated without simulation, sorted optimistically by bid amount, and executed sequentially until a solution successfully pays its bid. In this paper, we explore the censorship vector through which a rational-but-dishonest Solver in a permissionless environment could profit by sending ”spoof” SolverOperations that utilize the entire throughput of the Atlas transaction but that are designed to fail. To remove this incentive without sacrificing permissionlessness, we propose the addition of a new cost - a so-called ”Cost on Failure” - that is distinct from a bid in an all-pay auction in that the cost is charged only to Solvers whose solutions are executed unsuccessfully. Interestingly, when this solution is implemented, we observe a direct relationship between a blockchain’s throughput and its censorship resistance, and an inverse relationship between its throughput and capital efficiency via minimum required Solver collateral.
","comment_id":"67352bc99e11f600014e8994","feature_image":"https://storage.ghost.io/c/85/2a/852aabf1-46e7-4e77-9020-018da66a2097/content/images/2024/11/FastLane-Research.png","featured":false,"visibility":"public","created_at":"2024-11-13T14:44:25.000-08:00","updated_at":"2024-11-13T19:09:29.000-08:00","published_at":"2024-11-13T14:58:01.000-08:00","custom_excerpt":"In Atlas’s permissionless environment, a rational-but-dishonest Solver could submit \"spoof\" SolverOperations that utilize the entire throughput of the Atlas transaction but that are designed to fail.","codeinjection_head":null,"codeinjection_foot":null,"custom_template":null,"canonical_url":"https://www.fastlane.finance/research/cost-on-failure","show_title_and_feature_image":true,"tags":[{"id":"6616c1e63db05d0001fa803d","name":"Atlas","slug":"atlas","description":null,"feature_image":null,"visibility":"public","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://fastlane.ghost.io/tag/atlas/"}],"primary_tag":{"id":"6616c1e63db05d0001fa803d","name":"Atlas","slug":"atlas","description":null,"feature_image":null,"visibility":"public","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://fastlane.ghost.io/tag/atlas/"},"url":"https://fastlane.ghost.io/cost-on-failure/","excerpt":"In Atlas’s permissionless environment, a rational-but-dishonest Solver could submit \"spoof\" SolverOperations that utilize the entire throughput of the Atlas transaction but that are designed to fail.","reading_time":1,"access":true,"comments":false,"og_image":"https://storage.ghost.io/c/85/2a/852aabf1-46e7-4e77-9020-018da66a2097/content/images/2024/11/FastLane-Research-2.png","og_title":"Adding a ”Cost on Failure” to Guarantee Minimum Execution Quality in Low Latency Networks with Finite Throughput","og_description":"In Atlas’s permissionless environment, a rational-but-dishonest Solver could submit \"spoof\" SolverOperations that utilize the entire throughput of the Atlas transaction but that are designed to fail.","twitter_image":"https://storage.ghost.io/c/85/2a/852aabf1-46e7-4e77-9020-018da66a2097/content/images/2024/11/FastLane-Research-1.png","twitter_title":"Adding a ”Cost on Failure” to Guarantee Minimum Execution Quality in Low Latency Networks with Finite Throughput","twitter_description":"In Atlas’s permissionless environment, a rational-but-dishonest Solver could submit \"spoof\" SolverOperations that utilize the entire throughput of the Atlas transaction but that are designed to fail.","meta_title":"Adding a ”Cost on Failure” to Guarantee Minimum Execution Quality in Low Latency Networks with Finite Throughput","meta_description":"In Atlas’s permissionless environment, a rational-but-dishonest Solver could submit \"spoof\" SolverOperations that utilize the entire throughput of the Atlas transaction but that are designed to fail.","frontmatter":null,"feature_image_alt":null,"feature_image_caption":null},{"id":"677cbdbf44fc7200012df6f6","uuid":"d18665ea-1a73-4625-931d-dd085196fbb9","title":"An Introduction to Blockchain Mechanism Math, Terminology, and Hieroglyphics for Deeply Casual People who want to Sound Smart when Discussing White Papers with their Peers","slug":"blockchain-introduction","html":"Mechanism Designers working in DeFi really like writing white papers. They like it a lot. Perhaps too much. They also like writing these papers in an ancient, hieroglyphics-based language that is difficult for a normal, socially-adjusted person to decipher. This is unfortunate because most of the math and game theory is actually quite simple once you understand their alien terminology. In this paper, I'll give you the tools you'll need to sound smart when discussing these white papers with your peers, which is a very important skill set because in all likelihood your peers are also trying really hard to sound smart.
Let's start with this section - the \"abstract.\" This section is really just a summary of the white paper. In this section, the Mechanism Designers will summarize a problem, then they'll summarize their solution, and then - if they're good - they'll also summarize the shortcomings of the paper. We may never know why the Mechanism Designers like to call this section an \"abstract\" rather than a \"summary\" - in fact, we'll probably never know why they do most of the things that they do. But by reading this paper, hopefully you'll be better able to understand what they're doing - and, if you're into this kinda thing, who they're doing it to.
Intuitively, this paper doesn't have any shortcomings. But if I had to pick only one, it'd be that a lot of the information in this paper is deliberately wrong. Very wrong. I'm way off on a lot of these explanations. But I'm not being byzantine - which means \"dishonest\" or \"adversarial\", by the way, and two thousand years ago it probably would've been flagged by HR departments as racially offensive against the citizens of the Byzantine empire. So yeah, I'm not being byzantine - I'm just oversimplifying things to make the concepts easier to understand in expectation.
Welcome to FastLane Labs, a cutting-edge DeFi protocol that's revolutionizing the way block producers extract value from new blocks. We're thrilled to be leading the charge in bringing an ecosystem friendly MEV solution to Polygon and are excited to grow our team to help us achieve our ambitious goals.
We recently closed our seed investment round, led by Multicoin capital and including Polygon Ventures and Symbolic Capital. Our protocol is currently deployed on the Polygon blockchain and is in open beta, with over 70% of the hash rate currently covered.
We're looking for passionate and ambitious individuals to join our team and help us continue to push the boundaries of what's possible with MEV. If you're excited about the future of DeFi and want to be a part of a dynamic and rapidly growing startup, we'd love to hear from you!
At FastLane Labs, we're always on the lookout for exceptional individuals to join our team. Whether you're a developer, designer, marketer, or have a unique skillset that we haven't even thought of yet, we want to hear from you.
To be considered at FastLane Labs, you will need to meet the following requirements:
If you have experience in a similar role, and have a passion for blockchain technology and DeFi, we would love to hear from you. We are looking for people with unique skillsets, so if you believe you can bring something special to our team, we encourage you to apply.
At FastLane Labs, we believe in taking care of our team members and we offer a comprehensive benefits package to support our employees in their personal and professional lives. In addition to a competitive salary, our benefits include:
And for our US team we offer comprehensive health insurance policies to meet the healthcare needs of our team there.
If you're excited about the opportunity to join our team, we'd love to hear from you! To apply, please follow these steps:
We look forward to hearing from you!
Welcome to FastLane Labs, a cutting-edge DeFi protocol that's revolutionizing the way block producers extract value from new blocks. We're thrilled to be leading the charge in bringing an ecosystem friendly MEV solution to Polygon and are excited to grow our team to help us achieve our ambitious goals.
We recently closed our seed investment round, led by Multicoin capital and including Polygon Ventures and Symbolic Capital. Our protocol is currently deployed on the Polygon blockchain and is in open beta, with over 20% of the hash rate currently covered.
We're looking for passionate and ambitious individuals to join our team and help us continue to push the boundaries of what's possible with MEV. If you're excited about the future of DeFi and want to be a part of a dynamic and rapidly growing startup, we'd love to hear from you!
As a Senior Backend Engineer at FastLane Labs, you will be responsible for designing, implementing and operating our globally distributed RPC, bundle distribution network and auction systems. We have ultra-low latency requirements, experience and knowledge with all aspects of distributed systems engineering from networking right through to data consistency and site reliability techniques will be necessary. This is a hands-on role that requires strong experience in GoLang and a passion for building reliable and performant distributed systems.
This is an exciting opportunity to work on the cutting edge of blockchain technology and to be a part of a dynamic and rapidly growing startup. If you're passionate about blockchain and have a proven track record in complex distributed systems development, we'd love to hear from you!
To be considered for the role of Senior Backend Engineer at FastLane Labs, you will need to meet the following requirements:
If you have experience in a similar role, and have a passion for blockchain technology and DeFi, we would love to hear from you.
At FastLane Labs, we believe in taking care of our team members and we offer a comprehensive benefits package to support our employees in their personal and professional lives. In addition to a competitive salary, our benefits include:
And for our US team we offer comprehensive health insurance policies to meet the healthcare needs of our team there.
If you're excited about the opportunity to join our team, we'd love to hear from you! To apply, please follow these steps:
We look forward to hearing from you!
","comment_id":"63ca75af67cb74003d4b2ba7","feature_image":null,"featured":false,"visibility":"public","created_at":"2023-01-20T03:06:23.000-08:00","updated_at":"2024-11-13T13:52:26.000-08:00","published_at":"2023-01-20T03:06:57.000-08:00","custom_excerpt":null,"codeinjection_head":null,"codeinjection_foot":null,"custom_template":null,"canonical_url":null,"show_title_and_feature_image":true,"tags":[],"primary_tag":null,"url":"https://fastlane.ghost.io/backend-engineer/","excerpt":"Company overview\n\nWelcome to FastLane Labs, a cutting-edge DeFi protocol that's revolutionizing the way block producers extract value from new blocks. We're thrilled to be leading the charge in bringing an ecosystem friendly MEV solution to Polygon and are excited to grow our team to help us achieve our ambitious goals.\n\nWe recently closed our seed investment round, led by Multicoin capital and including Polygon Ventures and Symbolic Capital. Our protocol is currently deployed on the Polygon blo","reading_time":3,"access":true,"comments":false,"og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"frontmatter":null,"feature_image_alt":null,"feature_image_caption":null},{"id":"63ca75d767cb74003d4b2bb0","uuid":"9f5c96bf-75f1-4a23-9ad9-8759cf3bc8c9","title":"Senior Blockchain Engineer","slug":"blockchain-engineer","html":"Welcome to FastLane Labs, a cutting-edge DeFi protocol that's revolutionizing the way block producers extract value from new blocks. We're thrilled to be leading the charge in bringing an ecosystem friendly MEV solution to Polygon and are excited to grow our team to help us achieve our ambitious goals.
We recently closed our seed investment round, led by Multicoin capital and including Polygon Ventures and Symbolic Capital. Our protocol is currently deployed on the Polygon blockchain and is in open beta, with over 20% of the hash rate currently covered.
We're looking for passionate and ambitious individuals to join our team and help us continue to push the boundaries of what's possible with MEV. If you're excited about the future of DeFi and want to be a part of a dynamic and rapidly growing startup, we'd love to hear from you!
As a Senior Blockchain Engineer at FastLane Labs, you will play a critical role in designing and developing our DeFi protocol. This is a hands-on position that will see you working closely with our team to contribute to the protocol's tokenomics, design and develop its smart contracts, and ensure it is secure and operating efficiently.
This is an exciting opportunity to work on the cutting edge of blockchain technology and to be a part of a dynamic and rapidly growing startup. If you're passionate about DeFi and have a proven track record in blockchain development, we'd love to hear from you!
To be considered for the role of Senior Blockchain Engineer at FastLane Labs, you will need to meet the following requirements:
If you have experience in a similar role, and have a passion for blockchain technology and DeFi, we would love to hear from you.
At FastLane Labs, we believe in taking care of our team members and we offer a comprehensive benefits package to support our employees in their personal and professional lives. In addition to a competitive salary, our benefits include:
And for our US team we offer comprehensive health insurance policies to meet the healthcare needs of our team there.
If you're excited about the opportunity to join our team, we'd love to hear from you! To apply, please follow these steps:
We look forward to hearing from you.
","comment_id":"63ca75d767cb74003d4b2bb0","feature_image":null,"featured":false,"visibility":"public","created_at":"2023-01-20T03:07:03.000-08:00","updated_at":"2024-11-13T13:52:00.000-08:00","published_at":"2023-01-20T03:07:33.000-08:00","custom_excerpt":null,"codeinjection_head":null,"codeinjection_foot":null,"custom_template":null,"canonical_url":null,"show_title_and_feature_image":true,"tags":[],"primary_tag":null,"url":"https://fastlane.ghost.io/blockchain-engineer/","excerpt":"Company overview\n\nWelcome to FastLane Labs, a cutting-edge DeFi protocol that's revolutionizing the way block producers extract value from new blocks. We're thrilled to be leading the charge in bringing an ecosystem friendly MEV solution to Polygon and are excited to grow our team to help us achieve our ambitious goals.\n\n\nWe recently closed our seed investment round, led by Multicoin capital and including Polygon Ventures and Symbolic Capital. Our protocol is currently deployed on the Polygon bl","reading_time":3,"access":true,"comments":false,"og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"frontmatter":null,"feature_image_alt":null,"feature_image_caption":null},{"id":"64da85cee0da0a00016a8d57","uuid":"0722b908-76bc-41ed-af98-0e929e31be9b","title":"Terms of Service","slug":"terms-of-service","html":"These Terms of Service (“Terms”) constitute a binding legal agreement between FastLane Labs, Inc. (“FastLane,” “us,” or “we”) and each individual, entity, group or association (“you,” “User,” or collectively, “Users”) who views, interacts, links to or otherwise uses or derives any benefit from the website located at https://www.fastlane.xyz/, its subdomains, and any other website that links to these Terms (“Site”), downloads or accesses any application(s) that we offer subject to these Terms (each, an “Application”), or uses the services enabled thereby (collectively with the Site, any Applications, and any other software or services provided by FastLane that link to these Terms, “Services”).
If you access the Services on behalf of a legal entity or organization you represent and warrant that you have the authority to bind such legal entity or organization to these Terms.
By accessing or using the Services, creating an account, connecting a Digital Wallet (defined below) to the Services, and/or by browsing the Site, you represent that (i) you have read, understand, and agree to be bound by this Agreement (defined below) in its entirety, (ii) you are of legal age to form a binding contract with FastLane, (iii) you have the authority to enter into this Agreement personally or on behalf of the entity (whether or not such entity is registered or incorporated under the laws of any jurisdiction) you have named as the User, and to bind that entity to this Agreement; and (iv) you understand and agree that you are solely responsible for ensuring that your use of the Services complies with the laws of your jurisdiction. IF YOU DO NOT AGREE TO THESE TERMS, YOU ARE NOT AUTHORIZED TO ACCESS OR USE THE SERVICES.
FASTLANE IS NOT AN EXCHANGE, TRUST COMPANY, LICENSED BROKER, DEALER, BROKER-DEALER, INVESTMENT ADVISOR, INVESTMENT MANAGER, OR ADVISER. NEITHER FASTLANE NOR OUR SERVICES GIVE, OFFER, OR RENDER INVESTMENT, TAX, OR LEGAL ADVICE. FASTLANE PROVIDES SOFTWARE THAT ALLOWS YOU TO MANAGE YOUR SELF-CUSTODIED DIGITAL WALLETS (DEFINED BELOW) AND OTHERWISE WRITE TRANSACTIONS THAT MAY BE EXECUTED ON THIRD-PARTY BLOCKCHAINS AND OTHER THIRD-PARTY SERVICES (DEFINED BELOW). BEFORE MAKING FINANCIAL OR INVESTMENT DECISIONS, WE RECOMMEND THAT YOU CONTACT AN INVESTMENT ADVISOR, OR TAX OR LEGAL PROFESSIONAL.
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