The Advantages of a Flash Bot System

3min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

flash pots was created to move the kind of dimensions of competition from these p g a battles, having the best view of the men pool and gas efficiency. The positive benefits of mv are just captured he small group of people who are able to participate an winning these auctions. And every other bot will land on chain and have a failure or cancel ation, or their smart contract logic will just check if the opportunity exists, and itwill cancel if not. All these failures, these cancellations, take up valuable block space, which ends up pushing up gas prices for everyone else.

For our latest episode, I sat down with MEV Senpai, one of the top searchers in Ethereum. He gave us the unique inside perspective of someone who finds and captures MEV himself. The result was a long & intense convo, one of the best I've had in a while.

We discussed:

The structure and actors of the MEV game
What is searching, how can you learn it, what edges exist
Intro to private relays and transaction bundles
The role of Flashbots in DEX trading
and, of course, the hot topic of the day: short-term reorgs in Ethereum

Enjoy!

Listen to conversations between Su Zhu, the CEO and CIO of Three Arrows Capital, and Hasu, an experienced crypto researcher and writer. Together with occasional guests, we explore the transformative nature of trust-minimized currency and financial services.

SUBSCRIBE to the Podcast

FOLLOW on Twitter