Tackling Miner Extractable Value with Caleb Sheridan, Core Developer of the Eden Network - Ep. 44

CoinGecko Podcast - Bitcoin & Cryptocurrency Insights

In this episode, Ben, research analyst at CoinGecko is joined by Caleb Sheridan, Core Developer of the Eden Network. Caleb gives us an insight into MEV, the current issues faced with transactions, and how the Eden Network aims to solve it.

[00:00:45] Intro
[00:01:12] Caleb’s background and how he started in crypto
[00:03:14] How miners process transactions on the Ethereum Network
[00:05:23] MEV and miner networks explained
[00:07:25] Eden Network’s role in overcoming the issue with MEVs
[00:09:05] Eden Network and how it allows priority queues in NFT mints
[00:11:15] Is this the best method to process blocks? How the Eden Network benefits miners
[00:13:04] ETH 2.0 and what impact it has on Eden Network
[00:14:57] Should we be concern with Proof-of-Stake?
[00:21:21] Thoughts on EIP4488 and it’s effect on the Eden Network
[00:23:41] Eden Network’s big role in ETH 2.0
[00:25:23] Caleb’s advice on shaping the future network's success
Quotes from the episode:
“It's very easy to lose money using Ethereum, even when submitting transactions.” [00:25:39]

“My advice would be to do your own research and look into alternative ways to submit your transactions, to get better results.” [00:26:00]

“If everybody on Ethereum did this or everybody on Ethereum, used all of the options that are at their disposal, we would be seeing a lot less money going into the pockets of harmful MEV bot operators.” [00:26:06]
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Website
Eden Network - https://www.edennetwork.io/
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