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170 - Burning MEV with Justin Drake and Dom
Bankless
The Importance of Ether Burn in Blockchains
There's no spreading over time. The detail is basically, do we give the little crumbs of bread to the validators or do we give it to the epholders? You know, it's kind of the question. It's a highly parallel with 1559. We're building a permissionless, trustless system so we can't rely on having to trust like the tax authorities. Like just like 1559, we could take the base fee and instead of burn it, send it to the Aaron Foundation - but we promise to use that for public good.
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