The Paul Barron Crypto Show

Institutions & Retail Want Solana... not Canton🔥Jito FIRES BACK!🚨Rebecca Rettig INTERVIEW

Apr 2, 2026
Rebecca Rettig, Chief Legal Officer at Jito Labs, is a DeFi and MEV expert. She debates permissionless versus permissioned chains, reframes MEV as transaction-ordering value, and defends Solana-style openness against Canton-style corporate chains. She also digs into cybersecurity, liquid staking, and how open market mechanisms challenge centralized incumbents.
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INSIGHT

Permissionless Chains Provide Superior Market Transparency

  • Permissionless chains provide rich, transparent on-chain data that benefits regulators, institutions, and builders.
  • Rebecca Rettig argues that mempools and open visibility reduce information asymmetry compared with opaque institutional systems like Canton.
INSIGHT

Reframe MEV As Transaction Ordering Value

  • MEV has been reframed by Rebecca Rettig as transaction ordering value (TOEV) with both negative and positive forms.
  • She notes institutions already pay for priority (co-location, feeds), so some ordered execution value is legitimate.
ADVICE

Choose Chain Type And Implement Kill Switches Deliberately

  • Build honestly: choose permissioned chains for narrow institutional use cases and permissionless for broader markets.
  • Rebecca suggests implementing kill switches at the application layer if needed, accepting regulatory obligations for that choice.
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