The Blockchain Socialist

MEV Is Broken on Ethereum — Can Encrypted Mempools Fix It? w/ Luis Bezzenberger


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I spoke to Luis Bezzenberger of Brainbot and core contributor to Shutter Network, about MEV and threshold encryption for encrypted mempools.

Luis comes from a background in distributed systems and has spent years thinking about how cryptography can level the playing field between ordinary users and sophisticated actors who exploit the transparency of public mempools. We dig into how threshold encryption works, why encrypted mempools like what Shutter Network is building, could protect users from front-running without sacrificing decentralization, and what it actually takes to get something like this shipped at the protocol level. We also get into the broader architecture puzzle — encrypted mempools PBS, FOCIL, and why Luis thinks these three pieces together form the holy trinity for censorship resistance on Ethereum.

This episode is sponsored by NYM, the world's most private VPN. Unlike traditional VPNs, Nym uses a decentralized mixnet to scramble your internet data — hiding who you're talking to, when, and how often. You can switch between full mixnet mode for maximum anonymity, or a faster VPN mode for everyday use.

Use the code blockchainsocialist when signing up and get an extra month!

If you liked the podcast be sure to give it a review on your preferred podcast platform. If you find content like this important consider donating to my Patreon starting at just $3 per month. It takes quite a lot of my time and resources so any amount helps. Follow me on Twitter (@TBSocialist) or Mastodon (@[email protected]) and join the r/CryptoLeftists subreddit. 

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ICYMI I've written a book about, no surprise, blockchains through a left political framework! The title is Blockchain Radicals: How Capitalism Ruined Crypto and How to Fix It and is being published through Repeater Books, the publishing house started by Mark Fisher who’s work influenced me a lot in my thinking.

The book is officially published and you use this linktree to find where you can purchase the book based on your region / country.

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