You may have heard of Maximal Extractable Value, or MEV, which refers to the extraction of value from Ethereum users by reordering, inserting, and censoring transactions within blocks by block producers. It’s become a hot topic of debate on how best to deal with it, however these types of conversations can become very technical very fast.
In order to break it down, for this episode I spoke to Luis Bezzenberger (@bezzenberger) who works at Shutter Network, an anti-MEV/front running solution using Distributed Key Generation and threshold encryption. During the episode we spoke about how MEV works at a high level, the different camps on the issue, and how Shutter Network is proposing to deal with MEV.
More Sources
Rolling Shutter: MEV protection built into Layer 2
Announcing Shutter Governance – Shielded Voting for DAOs
Thread on a “shutterized beacon chain” for Ethereum
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