[Proposal] Sequencer Selection: Fernet

[Anon]

@cooper-aztecLabs

In general I like the randomness guarantees Fernet provides, with clear incentives for people to run Aztec specific infrastructure, and believe it leads to healthier long term decentralization (as Santiago mentioned)

I am confused. Do you mean selecting from a stakeholder set vs L1 validator set?

@cooper-aztecLabs

That means you (theoretically) would have to be censored by about 40-50 L1 proposers in a row.

The all-pay nature of the auction (L1 txn cost) reduces to ~two/zero bidders and only in the final block. It seems more effective and simple to just assign slots, as in PBPS.