4.8 • 1.1K Ratings
🗓️ 1 September 2024
⏱️ 121 minutes
🧾️ Download transcript
In this special early access episode we're joined by Paradigm's Georgios Konstantopoulos and Charlie Noyes, along with Max Resnick from Special Mechanisms Group to discuss a possible change in direction for one part of the Ethereum Roadmap.
This is a deeply technical episode that covers the history of MEV and new innovations that plan to change it all from the comfort of David's apartment studio, enjoy.
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TIMESTAMPS
00:00:00 Start
00:05:14 Intro To Our Guests
00:09:21 Proposer Builder Seperation
00:12:39 Stepping Forward vs Patching
00:19:35 Getting Rid Of MEV?
00:26:35 Inclusion Lists
00:40:14 What is Braid?
00:50:43 The Bear Case
01:06:37 Vitalik's Take
01:10:53 The Benefits of Braid
01:20:28 L2 Centric Roadmap Changes?
01:36:26 How's Rust Going?
01:44:49 Other Exciting Roadmap Updates
01:57:52 Call To Action
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RESOURCES
Georgios: https://x.com/gakonst
Max: https://x.com/MaxResnick1
Charlie: https://x.com/_charlienoyes
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Click on a timestamp to play from that location
0:00.0 | Bankless Nation, we got a treat for you today on the show. |
0:07.0 | A pretty special episode recorded all in person in my New York studio |
0:10.8 | with some of the three biggest brain researchers in the |
0:13.6 | Ethereum space, Charlie Noise and Georgios Constantinople from Paradise |
0:17.6 | and Max Reznik from Special Mechanisms Group, discuss a possible |
0:21.8 | change in direction for one part of the |
0:24.0 | Ethereum roadmap. Max has recently introduced Braid which is a development |
0:29.0 | framework for changing how execution works on the Etheorem layer one. |
0:33.0 | Instead of there being a single person who proposes a block, |
0:36.0 | multiple people come together using a clever mechanism |
0:39.0 | to co-create a block together. |
0:41.0 | This has properties that Max believes are far more fair and efficient when it comes to transaction ordering and MEV. |
0:48.0 | The part of the Ethereum roadmap that this relates to the most is the scourge, where Ethereum attempts to deal with the scourge that is |
0:54.2 | MEV and its centralizing and corrupting impact upon blockchains. Multiple concurrent |
0:59.3 | proposers or multi-proposers for short Max believes is a better and more elegant way to achieve |
1:05.1 | the goals that Ethereum is trying to achieve with its Gourge roadmap. |
1:09.5 | While Max's Braid framework is not complete and more research is needed. It is nonetheless |
1:13.5 | peak to the interest of many other mechanism designers and auction thinkers that are |
1:18.1 | out there in the crypto space. So today on the show you're going to hear a history of MEV on |
1:23.4 | eTheium and how ethereal researchers have dealt with the reoccurring |
1:27.0 | monster that is MEV at different stages in ethereal timeline to where we are |
1:31.5 | today with the current |
... |
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