11-15, 10:05–10:15 (Asia/Bangkok), Stage 2
In this talk, we will give a brief history of MEV (Maximal Extractable Value) and its influence on enshrining PBS (Proposer Builder Separation) into Ethereum. We will explore the Ethereum community’s evolving perspectives on PBS while looking at successful outcomes, unexpected consequences, and alternate solutions.
Ultimately, the talk will provocatively ask: does Ethereum really need PBS at all?
Felix joined the Ethereum ecosystem full-time in 2018 after three years at Facebook on encrypted messaging infrastructure. He now leads technical development for CoW Protocol, a decentralized trading protocol using Batch Auctions. Focusing on MEV-resistant mechanisms tha ensure efficient and fair price finding. Started working at Gnosis, he developed fair exchange mechanisms, evolving into CoW Protocol.