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TOOL, Or How To Get 1 Second Confs On Ethereum

Published 1 year, 3 months ago
Description

Can we get Ethereum without tradeoffs? Probably not but we’re gonna try. This week we’re joined by MEV searcher and developer 0xprincess to discuss “trustless order flow operations layers,” or how 1-second block times with no protocol changes or L2s can happen today. Later on we get into Wintermute, Flashbots and chain order flow.


Follow our guest on Twitter: @0x9212ce55


Timestamps:


00:00 Start

00:47 Who is 0xPrincess?

03:52 How does T.O.O.L. work?

05:30 Designing TOOL

07:41 Trusted execution environments

11:05 We'll decentralize it soon(TM)

15:50 Network participants

18:24 Validator load

21:02 TOOL reduces ETH block times

26:23 TOOL v pre-confirmation

28:55 Wintermute & Flashbots

34:54 Bye bye builder?

38:25 Off chain order flow

41:46 Private order flow, obvious in hindsight?

45:45 Can't get rid of monopolies?

50:01 ETH protocol development

55:08 L2s

58:58 MAKE THE L1 GREAT AGAIN!


👋The Gwart Show is sponsored by Ellipsis Labs. Ellipsis Labs is building Atlas, the blockchain purpose-built for verifiable finance. You may know of Ellipsis Labs by their first product Phoenix, a fully on-chain orderbook DEX that’s done over 50 billion dollars in unincentivized volume. If you’re interested in working for a mission-driven company, Ellipsis Labs is hiring engineers passionate about crypto and finance to work on Atlas. You can learn more and apply on Ellipsis Labs’ Twitter “at Ellipsis_Labs”. Don’t forget to check out Atlas too, @atlasxyz on Twitter.


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