Scraping Bits #29 - Brock Smedley: The MEV Monopoly: Flashbots' Block Builder Future + Account Abstraction
Delve into the fascinating world of Miner Extractable Value (MEV) and two groundbreaking developments that are poised to reshape the blockchain landscape. Our special guest, Brock Smedley, guides us through these transformative concepts.
MEV, short for Miner Extractable Value, has long been a topic of interest and concern in the world of blockchain. It refers to the profits miners can extract from the order of transactions within a block. Flashbots, an organization at the forefront of blockchain innovation, has introduced the MEV Boost, a revolutionary system designed to mitigate the negative impacts of MEV on the ecosystem.
Furthermore, we explore the concept of Account Abstraction, a significant upgrade that promises to bring Ethereum to new heights. This enhancement enables more advanced and flexible smart contracts, expanding the possibilities of decentralized applications and the DeFi space.
Join us as we uncover the intricacies of these game-changing developments, their implications on the blockchain industry, and the insights provided by our expert guest, Brock Smedley. Get ready to unravel the MEV Monopoly and gain a deeper understanding of the evolving blockchain landscape.
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Keywords: solo auditor, public auditing platforms, private audits, scalability, freedom, Scraping Bits podcast, blockchain technology, audit industry, industry impact, flashbots, reverse engineering, cybersecurity, infosec.