The episode features an in-depth conversation with Devin from Rebar Labs, who introduces Rebar Shield, a new product designed to protect Bitcoin transactions from Miner Extractable Value (MEV) attacks through the implementation of a private mempool. Devin explains the mechanics of MEV, the vulnerabilities it creates such as sniping, and how private mempools can mitigate these risks. He addresses various technical challenges, the necessity of miner participation, and potential concerns around privacy and centralization. The discussion also explores the broader implications for transaction fees and the potential for increased miner revenue. Listeners gain insights into the complexities and innovations in the Bitcoin ecosystem and how Rebar Labs aims to improve transaction security and efficiency.
The Ordinal Show is a series of regular Twitter Spaces featuring conversations with amazing people from the Bitcoin Ordinals community.
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