Bankless Multi-Proposers & The Future Of Ethereum
Sep 1, 2024
Join Max Resnick, Head of Research at Special Mechanisms Group, Charlie Noyes, MEV expert, and Georgios Konstantopoulos, CTO at Paradigm, as they navigate the enticing future of Ethereum. They delve into the innovations behind the Braid framework aimed at improving transaction ordering and tackling the Miner Extractable Value (MEV) dilemma. The trio discusses the shift towards multi-proposer systems, addressing censorship resistance, and the exciting possibilities for Ethereum's scalability. Expect thought-provoking insights on the balance between efficiency and decentralization!
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Increased Participation with MevBoost
- A key distinction between MevGeth and MevBoost lies in increased participation.
- MevBoost allows anyone, even solo stakers, to participate, unlike MevGeth's limitation to trusted mining pools.
Short-Term Censorship Resistance
- Max Resnick emphasizes the importance of short-term censorship resistance for decentralized finance.
- He argues that current MEV solutions prioritize quarantining MEV, but reducing it might be possible.
Auction Example
- Max Resnick illustrates the impact of short-term censorship with an auction example.
- A proposer can submit a low bid and win if they control block inclusion, highlighting a flaw in the current system.