Why MEV Will Always Be Controversial - Ep. 482

Published: April 18, 2023, 11 a.m.

b"Maximal extractable value, or MEV, is a mainstay of the Ethereum landscape. But the process of validators reaping profits from handling new blocks is not without controversy. Ethereum Foundation researcher Justin Drake and bloXroute Labs CEO Uri Klarman assess the current state of MEV. Hear them disagree about the path forward for making Ethereum fairer for all its economic actors.\\n\\nShow highlights:\\n\\nwhat MEV is and how it has evolved over time\\n\\nthe nuances of the newly proposed MEV Blocker and why it\\u2019s important for users\\n\\nwhether it\\u2019s possible to enable \\u201cback-running\\u201d while preventing front-running\\n\\nhow to give power back to blockchain users\\n\\nwhat the differences and similarities are among several projects trying to solve MEV\\n\\nhow \\u201cMEV Burn\\u201d will be like the EIP-1559 to what Justin calls contention\\n\\nwhether EigenLayer can help solve MEV problems\\n\\nwhether wallets and DEXs could be doing something different to prevent MEV and generate more revenue\\n\\nhow \\u201cexclusive order flow\\u201d could be detrimental to DeFi users\\n\\nwhat proposer-builder separation (PBS) is and whether it will change MEV distribution\\n\\nwhy Uri doesn\\u2019t think PBS is the right step forward for Ethereum\\n\\nThank you to our sponsors!\\nCrypto.com\\nHalborn\\nGuests:\\n\\n\\nJustin Drake, researcher at the Ethereum Foundation\\n\\n\\nUri Klarman, CEO of bloXroute Labs\\n\\nLinks\\n\\nPrevious coverage of Unchained on MEV:\\n\\nWhy Is Ethereum Trying to Maximize Value From Users? Two Sides Debate\\n\\nThe Chopping Block: Why the Once-Taboo MEV Is Now a Core Part of Ethereum\\n\\nMEV Blocker\\n\\n\\nCoinDesk: MEV Blocker Wants to Help You Outrun the Front-Runners\\n\\n\\nMEV Blocker\\n\\n\\nUnchained: Ethereum Builders Join Forces to Launch MEV Blocker\\n\\n\\nMEV Distribution\\n\\n\\nCoinDesk: Flashbots Proposes New Class of 'Matchmakers' to Share MEV Gains With Ethereum Users\\n\\n\\nMEV-Share: programmably private orderflow to share MEV with users - The Flashbots Ship\\n\\nBackRunMe\\n\\nWallet-Boost Design Doc \\xb7 blocknative discourse \\xb7 Discussion #1 \\xb7 GitHub\\n\\nOpenMEV Mechanics and Formulas - Manifold Finance\\n\\nMEV Smoothing\\nCommittee-driven MEV smoothing - Economics \\nMEV Burn\\nBurning MEV through block proposer auctions - Economics\\nProposer-Builder separation\\n\\nProposer-builder separation | ethereum.org\\n\\nVitalik Buterin\\u2019s tweet\\n\\n\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"