  This paper analyzes the Execution Tickets proposal on Ethereum Research,
unveiling its potential to revolutionize the Ethereum blockchain's economic
model. At the core of this proposal lies a novel ticketing mechanism poised to
redefine how the Ethereum protocol distributes the value associated with
proposing execution payloads. This innovative approach enables the Ethereum
protocol to directly broker Maximal Extractable Value (MEV), traditionally an
external revenue stream for validators. The implementation of Execution Tickets
goes beyond optimizing validator compensation; it also introduces a new
Ethereum native asset with a market capitalization expected to correlate
closely with the present value of all value associated with future block
production. The analysis demonstrates that the Execution Ticket system can
facilitate a more equitable distribution of value within the Ethereum
ecosystem, and pave the way for a more secure and economically robust
blockchain network.
