Podcast • December 18, 2024
In this episode
On Ep. 72 of Infinite Jungle, Christine speaks with Robert Miller, Product Lead at Flashbots, and Lily Johnson, Rust Engineer at Astria Labs, about the launch of BuilderNet. BuilderNet is Flashbot’s latest product designed to enable collaborative block building on Ethereum. It allows third-party builders to create blocks based off shared private order flow. It also incentivizes users, wallets, and apps to share their order flow with BuilderNet and earn kickbacks from the MEV created from their transactions. Christine and Lily grill Robert about the design of BuilderNet, its timeline, and motivation.
Guests:
Name: Robert Miller
Title: Product Lead at Flashbots
Name: Lily Johnson
Title: Rust Engineer at Astria Labs
X: https://x.com/lobstermindset
Show note links:
- BuilderNet docs (https://buildernet.org/docs)
- Relayscan data (https://www.relayscan.io/)
- Infinite Jungle episode about RollupBoost and EIP 7727 (https://www.galaxy.com/insights/podcasts/infinite-jungle/the-most-pressing-challenges-to-solving-the-mev-problem/)
Timestamps:
(00:02:43) How does BuilderNet compete in the MEV-Boost auction?
(00:05:34) How does BuilderNet compete for private order flow?
(00:08:08) How does the BuilderNet MEV refund rule work?
(00:09:30) What many builders will operate on BuilderNet?
(00:11:33) What was the incentive for Beaverbuild to join BuilderNet?
(00:15:09) To what extent do builders compete with each other in BuilderNet?
(00:19:31) How transparent is BuilderNet activity?
(00:21:29) Why Flashbots underperforms as a BuilderNet builder
(00:23:35) Fiar ordering practices
(00:26:20) EIP 7727 Updates
(00:28:07) MEV-Boost Next Steps
(00:30:12) BuilderNet Next Steps
(00:33:51) Plans for BuilderNet Governance
(00:37:48) End of 2025 Goals for BuilderNet
(00:40:32) Barries to using BuilderNet with RollupBoost
This episode was recorded on Friday, December 13, 2024.
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