Protocol native design refers to the development of digital assets, applications, or features that are fundamentally built into the core logic and architecture of a blockchain protocol. These elements are not simply layered on top but are intrinsic to the protocol’s operation, often leveraging its unique consensus mechanisms or cryptographic primitives. This approach ensures deep integration and often superior performance.
Context
The trend towards protocol native design is driven by the pursuit of greater efficiency, security, and functionality within blockchain ecosystems. Debates often weigh the benefits of deep integration against the potential for reduced flexibility or increased upgrade complexity. Future innovations will likely see more core functionalities, such as identity or data storage, implemented directly at the protocol layer for enhanced performance and trust.
Introducing the SAKA mechanism, this work circumvents TFM impossibility results by integrating MEV searchers to align incentives and guarantee approximate welfare.
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