With multiple MCP protocols in the design and implementation phases, we think it is timely to discuss how location choice interacts with protocol design to achieve efficient, fair, and censorship-resistant functioning in these systems. In our latest paper, The Price of Decentralization in Block Building, we tackle this problem and answer the question: will the location choices of multiple self-interested proposers improve access for geographically distributed users and transaction sources?
“Ethereum was not created to make finance efficient or apps convenient. It was created to set people free...”
"Gateways become platforms. Platforms become landlords. Landlords decide who may enter and what they may do." - The Trustless Manifesto
What is going on in the MEV and orderflow market today and how does it relate to achieving the mission of Ethereum and to all blockchains? Do MEV systems... builders, relays, orderflow routers, simply comprise nothing beyond gateways, platforms, and intermediaries? Is the time ripe for the centralization and stagnation of crypto, or are the lessons we have learned from years of building decentralized blockchains finally ready for the mainstream? What is the value of the “free and open internet” of money, and how can we make sure that decentralization fuels rather than fights user outcomes, best execution, scaling, and privacy guarantees? And finally, what is Flashbots doing about all of this?