Master's Thesis Jonas Gebele

Abstract

This Master Thesis delves into the analysis of SUAVE (Single Unifying Auction for Value Expression) within the Ethereum ecosystem, focusing on its architectural design, operational mechanisms, and potential use-cases. SUAVE emerges in response to the challenges and centralization tendencies inherent in traditional Maximal Extractable Value (MEV) extraction methods, promising a more decentralized, fair, and efficient system. The thesis aims to provide a comprehensive evaluation of SUAVE, dissecting its architecture, understanding its mechanisms, and critically assessing its potential as a trustless and decentralized solution for MEV extraction. Through a multifaceted methodology including technical analysis, comparative studies, and practical engagement, this research seeks to contribute valuable insights into the future of block building and decentralization within the blockchain landscape.