The Gwart Show | Blockspace Media

Dean Eigenmann, a Miner Extractable Value (MEV) searcher, joins The Gwart Show to give an insiders look into the MeV landscape, strategies, decentralization challenges, and regulatory concerns. He discusses key differences between Ethereum and Binance Smart Chain, DeFi's future, L2 developments, and offers a critique of Bitcoin.00:00 Start01:23 Dean intro02:16 MEV = Oligopoly03:19 Builder centralization on ETH04:36 PBS design05:53 Enshrined PBS07:32 Atomic strategies & inventory risk09:02 Censorship10:29 Censorship & geographic distribution12:46 MEV on BSC13:43 MEV developer crossover13:59 What chains do they do?14:49 MEV on Solana15:42 Faster chain = less MEV?16:46 MEV on L2's?17:46 Shared sequencing20:06 Intents22:17 Operating at a loss23:52 AMM execution24:52 Define MEV?25:13 Is sandwiching bad still?26:57 Private relays28:05 Can you prevent private relays?29:11 Is there a way to promote geographic distribution?30:48 Is MEV like High feq trading?32:06 Timing games33:12 SEP of BSC33:38 MEV searchers on the downlow35:39 Legal aspects of MEV36:30 Sandwiching illegal?39:49 Regulating builders40:31 OFAC transactions41:41 Encrypted mempools43:11 Ideology45:15 What's missing45:58 Restaking46:42 Rollups good?47:39 Bullish L2's?49:06 ETH L1 innovation49:57 Thoughts on Solana?50:56 BSC happenings?52:31 Bitcoin sucksFollow our guest on Twitter: @DeanEigenmannFollow our host: @gwartygwart👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities.Enjoy the show? Check out our website and newsletter by clicking here.Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

Allen Farrington, co-founder of Axiom, discusses Bitcoin scaling, the role of venture capital in Bitcoin's ecosystem, his thoughts on DeFi, NFTs, and stablecoins, and the potential for Bitcoin to supplant fiat money. He also shares his insights on the ordinals debate and the future of Bitcoin infrastructure.00:00:00 Start00:00:32 Allen intro00:01:22 Allen's background00:06:30 Investing in public Bitcoin companies00:10:44 Axiom00:13:26 What wrong with DeFi00:20:38 How does Axiom decide what to invest in00:24:11 Lightning gaming00:28:49 Criticisms of lightning00:33:02 Do L2s have to have trust tradeoffs?00:36:00 Will BTC kill fiat?00:38:52 How is Axiom NOT like other VCs?00:42:23 Are tokens always silly?00:48:56 Stablecoins00:53:06 Are stablecoins doomed?00:57:56 People want centralized stablecoins00:59:42 What is DLCVM?01:06:25 Rollups01:10:47 Companies must ROI01:19:20 Ordinals01:27:25 The circular logic of scams01:38:56 Wrap upFollow our guest on Twitter: @allenf32Follow our host: @gwartygwart👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities.Enjoy the show? Check out our website and newsletter by clicking here.Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

In this podcast, Tarun shares his insights on ZK technology, DeFi governance, PoW vs PoS, Bitcoin L2s, and more. He discusses the challenges of marketing ZK tech, the importance of dynamic availability in PoW, and the potential for Bitcoin to adopt new opcodes. Tarun also shares his thoughts on the future of DeFi and the crypto industry as a whole.Follow our guest on Twitter: @tarunchitraFollow our host: @gwartygwart👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities.Chapter Markers:00:00:00 Start00:01:44 Tarun's background00:02:04 Uniswap SEC case00:04:47 Tarun's current focus00:09:17 ZK tech's appeal00:14:38 ZK tech applications00:18:48 Solana fees & networking00:25:44 State of DeFi governance00:30:32 PoW vs PoS debate00:40:31 Token voting & centralization00:44:55 Token governance issues00:49:55 PoW as better money00:57:58 PoS issuance & staking01:03:40 PoS & rational agents01:09:11 ETF impact on staking01:15:59 Tarun on Bitcoin L2 Alpen01:18:54 Bitcoin ready for L2 tech?01:21:03 OP_CTV & political will01:22:46 Ideal Bitcoin L2 tech01:25:02 Bitcoin Covenants (OP_CAT)Enjoy the show? Check out our website and newsletter by clicking here.Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back! In Part 2 of The Gwart Show, Alex B shares his insights on Bitcoin, Ethereum, and the broader crypto landscape. He discusses the flaws in Ethereum's proof of stake model, the cult-like phenomena in crypto, the reality of the Lightning Network, and the centralization concerns in DeFi. Alex also touches on the necessity of stablecoins and the constant innovation in crypto tech.Published weekly on Sunday afternoons, "The Gwart Show” gets to the bottom of crypto’s toughest topics.Chapter Markers:00:00:00 Start00:00:03 Intro00:02:44 Anything interesting in crypto?00:15:50 Ethereum's proof of stake00:23:48 Alex's Ethereum predictions00:34:33 Ethereum staking derivatives00:38:50 Bitcoin DLCs & lending00:44:27 Decentralized finance challenges00:48:30 Open source vs liquidity00:53:42 Lightning Network marketing00:59:27 Lightning elegant but limited01:03:39 Stablecoins on LightningThis show is produced by Blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

Alex B, writer at Bitcoin Magazine and longtime Bitcoin Twitter user, joins The Gwart Show in this two part series on the heart and soul of Bitcoin maximalism, why it matters, if Bitcoin Season 2 is a sham and, of course, if Ethereum is a scam.Follow our guest on Twitter: @bergealex4Follow our host: @gwartygwartChapter Markers:00:00:00 Start00:00:18 Introducing Alex Be 00:05:41 Bitcoin scaling discussion00:17:44 Necessary Bitcoin primitives00:36:02 Protocols & Bitcoin economy00:38:18 Incremental vs risky changes00:48:30 Eric & Rudy's views00:49:44 Bitcoiners' concerns00:50:50 Defi's degeneracy01:00:31 MEV on Bitcoin01:02:03 Miners & economies of scale01:09:55 Drive chains & merged mining01:14:21 Meta protocols & centralization01:18:55 Miners & meme coins01:20:21 Ordinals' impact on BitcoinEnjoy the show? Check out our website and newsletter by clicking here.Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

Eugene Chen, co-founder of Ellipsis Labs, discusses the future of decentralized finance, Solana's vision for transforming traditional finance, and how Phenix aims to redefine on-chain trading. He also shares insights on the Ethereum vs. Solana debate and the challenges of optimizing blockchains for Defi applications.Published randomly, "The Gwart Show” gets to the bottom of crypto’s toughest topics.00:00:00 Start00:00:18 Eugene's background 00:01:17 Defi work before Ellipsis00:02:21 From HFT to Defi00:05:25 Competing with TradFi00:08:07 Phenix as proof of concept00:10:18 Providing better liquidity00:13:48 Solana's issues & progress00:16:47 Solana's research focus00:19:24 Gita removes mempool 00:20:28 MEV: AMMs vs order books00:23:43 Ethereum MEV direction00:25:13 Solana's speed & MEV00:29:07 Ellipsis' 5-15yr vision00:35:09 Ideal decentralization 00:35:50 Solana token & platform00:38:16 Economic security as meme00:41:33 Defi's on-chain strengths00:44:47 Rollups & interoperability00:48:30 Valid Solana criticisms00:51:31 Solana vs new fast chainsThis show is produced by Blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

Mechanism this, mechanism that. Why does crypto infrastructure even matter? Gwart tunes in with Alex Nezlobin to discuss the history and importance of AMMs like Uniswap.Published randomly, "The Gwart Show” gets to the bottom of crypto’s toughest topics.Chapter Markers:00:00:00 Start00:01:11 Alex's Background00:04:21 Problems in TradFi00:06:29 Alex's Interest in AMMs00:17:16 Robinhood & Payment for Order Flow00:22:52 The Future of AMMs00:27:31 Frontrunning & Insider Trading00:37:31 AMM Landscape on Ethereum 00:46:46 Colocation & Latency00:52:28 Builder Centralization01:08:18 Fast Chains & AMM Losses01:25:13 AMMs in 20 Years01:34:36 Wrap-up Learn more about your ad choices. Visit megaphone.fm/adchoices

Rjindael of the the Taproot Wizards joins Gwart to get to the bottom of Bitcoin’s soul search. Does Bitcoin need a revival? Are the Wizards going to hard? Is Lightning really broken? Who will stop the impending flood of Bitcoin MEV? Published randomly, "The Gwart Show” gets to the bottom of crypto’s toughest topics. Check out our other shows and content by going to https://blockspace.beehiiv.com/subscribe today. Follow our host on Twitter, @gwartygwart. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mike Neuder of the EF and Max Resnick of SMG join Gwart to fix Ethereum MEV in one podcast. Mike, Max and Gwart talk MEV, Bitcoin and more. Published randomly, "The Gwart Show” gets to the bottom of crypto’s toughest topics. Check out our other shows and content by going to https://blockspace.beehiiv.com/subscribe today. Follow our host on Twitter, @gwartygwart. Learn more about your ad choices. Visit megaphone.fm/adchoices

Gwart interviews Solana Phone CEO Anatoly Yakovenko to talk Eth, monolithic architecture and more. Subscribe to our newsletter: https://blockspace.media/ Learn more about your ad choices. Visit megaphone.fm/adchoices