133 - Flashbots Saves Crypto with Stephane Gosselin

<p>Stephane Gosselin is the Founder of Flashbots, an R&D organization that’s trying to fix the most pernicious problem in crypto—the problem of MEV (Maximum Extractable Value).</p> <p>Many of us are massively optimistic about crypto and aren’t worried too much about its future. However, this MEV thing could be our achilles heel.</p> <p>On this episode, we dive into what Stephane and his team are doing to make MEV less of a potential weak point, how MEV works, and what our industry would look like if Flashbots didn't exist. And of course—so much more.</p> <p>This is another fundamental Bankless episode that you won’t want to miss.</p> <p>------<br /> 📣 Chainlink | Register for SmartCon 2022 with promo code “BANKLESS”<br /> <a href= "https://bankless.cc/smartcon">https://bankless.cc/smartcon</a> </p> <p>------<br /> 🚀 SUBSCRIBE TO NEWSLETTER: <a href= "https://newsletter.banklesshq.com/">https://newsletter.banklesshq.com/</a> <br /> 🎙️ SUBSCRIBE TO PODCAST: <a href= "http://podcast.banklesshq.com/">http://podcast.banklesshq.com/</a> </p> <p>------<br /> BANKLESS SPONSOR TOOLS:</p> <p>🌱 LENS | ACCESS CODE: VITALIK<br /> <a href= "https://bankless.cc/Lens">https://bankless.cc/Lens</a> </p> <p>🚀 ROCKET POOL | ETH STAKING<br /> <a href= "https://bankless.cc/RocketPool">https://bankless.cc/RocketPool</a> </p> <p>⚖️ ARBITRUM | SCALING ETHEREUM<br /> <a href= "https://bankless.cc/Arbitrum">https://bankless.cc/Arbitrum</a> </p> <p>🦁 BRAVE | THE BROWSER NATIVE WALLET<br /> <a href= "https://bankless.cc/Brave">https://bankless.cc/Brave</a> </p> <p>🌉 JUNO | BRIDGE FIAT TO LAYER 2<br /> <a href= "https://bankless.cc/Juno">https://bankless.cc/Juno</a> </p> <p>⚡️ ZKSYNC | THE LAYER 2 SCALING ENDGAME<br /> <a href= "https://bankless.cc/zkSync">https://bankless.cc/zkSync</a> </p> <p>------<br /> Topics Covered:</p> <p>0:00 Intro<br /> 9:28 MEV Explained & Its Importance<br /> 13:35 The Evil Side of MEV<br /> 21:26 MEV Utopia vs. Dystopia<br /> 28:54 Competitiveness, Market Structure, Equilibrium<br /> 32:10 MEV Supply Chain Crash