The Chopping Block: Why the Once-Taboo MEV Is Now a Core Part of Ethereum - Ep. 449

Published: Jan. 28, 2023, 8:30 a.m.

b"Welcome to \\u201cThe Chopping Block!\\u201d \\u2013 where crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news. This week, Flashbots co-founder Phil Daian joins the show to go deep on what maximal extractable value (MEV) means and how it\\u2019s shaping the Ethereum ecosystem.\\n\\nShow highlights:\\n\\nhow Phil started working in MEV and why he believes it resembles 'Alice in Wonderland'\\n\\nPhil's definition of MEV and when he realized this was an actual problem\\n\\nhow Flashbots was born\\n\\nthe story of how Vitalik didn't care about sandwich attacks at the time Uniswap was released\\n\\nwhether it's possible to minimize MEV via more competition\\n\\nthe never-ending debate about whether MEV should be accepted\\n\\nwhy Tarun thinks the concept of fair ordering is against nature\\xa0\\n\\nhow Bitcoin uses social norms to solve its weaknesses\\xa0\\n\\nhow Google is being called out in court for creating auction to front run its customers\\n\\nhow Flashbots worked prior to and after Ethereum's Merge\\n\\nwhy Flashbots complies with OFAC sanctions\\xa0\\n\\nwhat is the Suave project and how it aims to decentralize Flashbots\\n\\nwhat the future of MEV looks like\\n\\n\\n\\n\\nHosts\\n\\n\\nHaseeb Qureshi, managing partner at Dragonfly Capital\\n\\n\\nTarun Chitra, managing partner at Robot Ventures\\n\\n\\nTom Schmidt, general partner at Dragonfly Capital\\n\\n\\nGuest:\\nPhil:\\nTwitter\\n\\nDisclosures\\n\\nLinks\\nThe Block: Flashbots seeks up to $50 million at a billion-dollar valuation\\nCoinDesk: Opinion: Miners, Front-Running-as-a-Service Is Theft\\nCNN: DOJ sues Google over its dominance in online advertising market\\nUnchained: 51% of Ethereum Blocks Are OFAC Censored\\nGiven the Sanctions on Tornado Cash, Is Ethereum Censorship Resistant? - Ep. 390\\n\\nThe Cost of Decentralization in 0x and EtherDelta\\n\\nPrevious coverage of Unchained on MEV:\\nWhy Is Ethereum Trying to Maximize Value From Users? Two Sides Debate\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"