This chapter examines the dynamics of commit-reveal schemes within Ethereum, emphasizing the risks of miner extractable value and dominance by sophisticated trading firms. It explores the implications of latency, bidding strategies, and the potential centralization of power among proposers, while challenging existing systems against emerging models. The discussion highlights the need for empirical evidence and clarity in mechanisms as the complexities of validator sophistication and decentralized finance environments evolve.
In this special early access episode we're joined by Paradigm's Georgios Konstantopoulos and Charlie Noyes, along with Max Resnick from Special Mechanisms Group to discuss a possible change in direction for one part of the Ethereum Roadmap.
This is a deeply technical episode that covers the history of MEV and new innovations that plan to change it all from the comfort of David's apartment studio, enjoy.
------
📣 BECOME A CITIZEN | GET 10% OFF WITH CODE: SPOTIFY10 https://www.bankless.com/join
------ BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2
🦄UNISWAP | BROWSER EXTENSION https://bankless.cc/uniswap
⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum
🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🌐 OBOL | STAKE ON DVs, SCALE ETHEREUM https://bankless.cc/obol
🗣️TOKU | CRYPTO EMPLOYMENT https://bankless.cc/toku
------ TIMESTAMPS 00:00:00 Start 00:05:14 Intro To Our Guests 00:09:21 Proposer Builder Seperation 00:12:39 Stepping Forward vs Patching 00:19:35 Getting Rid Of MEV? 00:26:35 Inclusion Lists 00:40:14 What is Braid? 00:50:43 The Bear Case 01:06:37 Vitalik's Take 01:10:53 The Benefits of Braid 01:20:28 L2 Centric Roadmap Changes? 01:36:26 How's Rust Going? 01:44:49 Other Exciting Roadmap Updates 01:57:52 Call To Action
------ RESOURCES
Georgios: https://x.com/gakonst
Max: https://x.com/MaxResnick1
Charlie: https://x.com/_charlienoyes
------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures