Hey there, I am Chirag Mehta and these are my updates for week 3 (31/07 - 06/08).

This week was majorly about understanding the need of PBS, and the various domains it touches like MEV, consensus to understand the broader level of Ethereum.

Updates:

• Started reading Eth2Book
• Had a call with Mentors (Potuz and Terence) where they discussed about the expectation and need from this fellowship and steps for further weeks to go ahead.
• Read about PBS, payload-timeliness-committee(PTC),shared by the Terence and Potuz (Prysm team).
• Read about MEV to get better understanding of PBS.
• Referred to articles and videos by various EF researches on these topic.

References:

Proposer-builder separation

MEV on ETH2: MEV-boost, PBS, Danksharding… How do the pieces fit together? - Vitalik Buterin (EF)

Evaluating the PBS Experiment: Early insights from MEV-Boost and the Builder Market by Jolene Dunne

Ethereum PBS R&D Roadmap - Mike Neuder

Next Steps:

• Plan to go through (draft)design specs proposed by Potuz and Terence.
• Diving into ePBS specifications prepared by Prysm team.