The Chopping Block: How Jito Helped Put Solana on the Map Again - Ep. 588

Published: Dec. 29, 2023, 9 p.m.

b'Welcome to The Chopping Block \\u2013 where crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news. This week, they are joined by Lucas Bruder, co-founder and CEO of Jito Labs, an infrastructure provider that mitigates the impact of maximum extractable value (MEV) on Solana \\u2014 specifically spam and wasted block space. He and the gang discuss how the Jito airdrop this month helped rejuvenate Solana; how Jito differs from Flashbots, its counterpart on Ethereum; Solana\\u2019s potential scalability; and how Solana believers have been vindicated by the developments of the last few months.\\xa0\\n\\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.\\n\\nShow highlights:\\xa0\\n\\nWhy Jito is a crucial development in the Solana ecosystem and its potential impact on network performance\\n\\nWhat sets Jito apart from its counterpart on Ethereum, Flashbots, in terms of functionality and benefits\\n\\nWhether Solana\'s speed uniquely influences Jito\'s effectiveness compared to Flashbots\\n\\nLucas\' explanation of maximum extractable value (MEV) and how it operates within the Solana network, providing insight into its complexities and advantages\\n\\nWhether Solana\'s infrastructure could sustain block production if the AWS integration encounters disruptions\\n\\nHow the Jito airdrop may have rejuvenated the Solana network, potentially marking an end to its "ice age"\\n\\nWhat recent surges in on-chain activity in Solana indicate about the network\'s health and user engagement\\n\\nWhere MEV fees in Solana are directed and who benefits from this value accrual within the ecosystem\\n\\nWhether Solana dapps are evolving their architectures to mitigate MEV opportunities and enhance network security\\n\\nHow Tarun envisions the design of Solana\'s fee market for optimal efficiency and fairness\\n\\nWhether Solana has the inherent capacity for infinite scalability and what potential bottlenecks might impede this growth\\n\\n\\nHosts\\n\\n\\nHaseeb Qureshi, managing partner at Dragonfly\\xa0\\n\\n\\nTom Schmidt, general partner at Dragonfly\\xa0\\n\\n\\nTarun Chitra, managing partner at Robot Ventures\\n\\nGuest:\\n\\nLucas Bruder, CEO of Jito Labs\\nLinks\\nMEV:\\nPrevious coverage of Unchained on MEV:\\xa0\\n\\nUnchained: Why Is Ethereum Trying to Maximize Value From Users? Two Sides Debate\\n\\n\\nThe Chopping Block: Why the Once-Taboo MEV Is Now a Core Part of Ethereum\\n\\nCoinDesk: What Is MEV, aka Maximal Extractable Value?\\n\\n\\nJito:\\xa0\\n\\nUnchained: Jito, Solana-Based Liquid Staking Protocol, Airdrops Governance Token\\n\\n\\nSolana Validator 101: Transaction Processing\\n\\nJito Block Engine Expands Access to All Solana MEV Traders\\n\\nSolana\\u2019s recent activity and bull run:\\n\\nUnchained:\\xa0\\n\\nAnatoly Yakovenko on Solana\\u2019s Astounding Recovery and Its Future Plans\\n\\nSolana Takes the Lead in Daily Stablecoin Transfer Volume\\n\\nSolana Surges to $84, Flips Ethereum in Weekly DEX Volume\\n\\nPaxos Bringing Stablecoin Issuance on Solana, Diversifying Beyond Ethereum\\n\\n\\nSolana\\u2019s model:\\n\\nSolana\\n\\nProof of History: How Solana brings time to crypto\\n\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'