Ethereum Censorship Risks & MEV Watch — Lachlan Feeney (CEO, Labrys)

18/10/2022 52 min
Ethereum Censorship Risks & MEV Watch — Lachlan Feeney (CEO, Labrys)

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Episode Synopsis

Lachlan Feeney, founder and CEO of  Labrys, joins Matt and Nick to discuss mevwatch.info, a website created by Labrys to observe how many Ethereum blocks are including transactions that comply with OFAC sanctions.Timestamps:00:00 Intro00:21 About Lachlan and Labrys01:53 Agenda03:05 The inspiration for creating mevwatch.info07:33 The role of relays in the MEV supply chain12:23 Why the % of OFAC-compliant blocks has been increasing15:06 Why validators use mev-boost17:11 Flashbots' competitive advantage24:50 Coin Center backs a second lawsuit against U.S. Treasury25:30 Ways to solve this issue and why it matters28:55 Drawing inspiration from how the social layer improved Ethereum's client diversity32:13 Flashbots' unenviable position39:25 Is the issue more pressing for Ethereum now that it uses proof of stake?42:50 About Labrys' services45:48 Arguments for why this issue isn't overly pressing51:10 Final word