Ethereum's Proposer Builders Separation

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LIDO has the responsibility to make sure that there's no way for the node operators to kind of break this like 95, 5 split off rewards. And so we want to make it very easy to join a permissionless and competitive market where you can outsource the building of your blocks too. That was the idea behind Proposer Builders Separation and MEV Boost.

Lido has over 30% ETH staked. Should we be alarmed? Joining us is Hasu to shed some light on this question.

In this wide ranging interview we discuss the State of Staking, the state of Lido, Idealist vs Pragmatics and asking the question - is Lido's reputation unfair?

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0:00 Intro 4:34 Is Lido's Perception Unfair? 9:08 Is Lido Too Big To Fail? 15:57 What Can An Entity Do With 33%? 21:27 TLDR Recap and Overview 24:11 When Does Lido Risk Become Systemic 32:54 Lido Is Not One Entity 36:40 Node Operators vs DAO 41:19 LDO Governance 49:39 Is Lido Forkable? 52:37 The Path To 5,000 Operators 58:46 Distributed Validator Technololgy 1:08:16 Addressing The Critics 1:17:31 The Staking Social Layer 1:24:40 Is Lido Treated Unfairly? 1:26:47 Can We Keep Ethereum Decentralized? 1:30:07 Risks and Disclaimers ----- Resources

Hasu on Twitter: https://twitter.com/hasufl Uncommon Core v2: https://www.ucc2.xyz/ Hasu last on Bankless: https://youtu.be/1qqkoGatPdE

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