Ben Jones

ETHGlobal · Oct 9, 2025

In this fireside chat at Pragma New York, Ben Jones, Co-founder of Optimism, and Robert Miller, Steward at Flashbots, discuss the future of rollups, the OP Stack, and the Superchain—an open-source network of Ethereum-aligned Layer 2 chains. They highlight the importance of scaling Ethereum to meet global demand for block space, emphasizing open-source development as a competitive advantage over closed-source approaches. The conversation explores the evolving role of rollups as fintech companies launch their own chains, the composability and flexibility of the EVM, and the potential for both app-specific and shared chains (like OP Mainnet) in the ecosystem. They delve into MEV (Maximal Extractable Value), its impact on transaction ordering, and the challenge of capturing value for application developers. The discussion concludes with the need to channel MEV into positive user outcomes, leveraging crypto’s experimental nature to outcompete traditional finance by delivering better results for users. 00:00 Introduction 00:34 Event Hype and Opening Remarks 00:56 What is Optimism and the Superchain? 02:34 Open Source vs Closed Source in Crypto 04:38 The Role of the OP Stack and Rollups 06:11 Fintech Companies and Custom Chains 07:38 Composability and Value of Chains 09:01 Non-Obvious Use Cases for Chains 10:17 Differentiation and Competition Among Chains 11:54 Network Topology: App Chains vs Shared Chains 13:37 Governance and Neutrality in Chain Deployment 14:49 Introduction to MEV (Maximal Extractable Value) 15:57 MEV’s Impact and Application Developer Challenges 18:22 Monetizing MEV and Application Value Capture 19:34 MEV: Negative Externalities and Opportunities 20:53 Harnessing MEV for Better User Outcomes 21:35 MEV in TradFi vs Crypto 22:14 Auctions, User Outcomes, and Closing Remarks _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🇺🇸 *Pragma New York* Pragma New York 2025 was held on August 14th at Vesper Events in Brooklyn, New York and was an in-person summit for builders and leaders in the web3 ecosystem. Watch the full Pragma New York YouTube Playlist here: https://www.youtube.com/playlist?list=PLXzKMXK2aHh5TRLdUXjnhUVfdbBtu6z2j ETHGlobal's Pragma series takes place in cities around the world, and is designed to be a different kind of event. Pragma is a one-stage conference with founders-only on stage, bringing together a small group of curated attendees and speakers to discuss the future of web3 and reflect on the past. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅ Follow Ben Jones X: https://x.com/ben_chain ✅ Follow Optimism X: https://x.com/optimism ✅ Follow ETHGlobal X: https://x.com/ETHGlobal​ Warpcast: https://warpcast.com/ethglobal Website: https://ethglobal.com YouTube: https://www.youtube.com/@UCfF9ZO8Ug4xk_AJd4aeT5HA _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Are you interested in Ethereum development and entrepreneurship? 👉 Sign up for the next ETHGlobal event: https://ethglobal.com/events 🎁 Get exclusive access and perks with ETHGlobal Plus! https://ethglobal.com/plus 📣 Want us to throw an event in your city? Tell us where! https://ethglobal.com/city _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

ZuBerlin · Jun 13, 2024

Clip The video discusses three philosophies of mitigating maximal extractable value (MEV) and their implications for blockchain design, particularly in terms of transaction ordering policies. The first philosophy emphasizes blockchains as incentive engines, focusing on proposer incentives for healthy block production. The second views blockchains as timestamping services, prioritizing first-in, first-out (FIFO) transaction ordering to reflect real-world time. The third treats blockchains as auction platforms, ensuring fair and decentralized auctions through priority ordering. Each philosophy leads to different MEV mitigation strategies. Proposal builder separation (PBS) aligns the block proposer with users and applications to create value-maximizing blocks. FIFO aims to reduce MEV by minimizing latency and discretion in transaction ordering. Priority ordering mitigates MEV through fair auctions that allow users and applications to capture MEV themselves. The video further explores how these philosophies are implemented in current blockchain systems and the challenges they pose in achieving decentralization while mitigating MEV effectively. It concludes that while no single philosophy has all the answers, it's crucial to consider how improvements under one paradigm may affect the others when making protocol changes.

ETHGlobal · Oct 9, 2021

Ari Juels, the chief scientist of Chainlink, details Chainlink's upcoming product to solve fairness in transaction ordering. ---------------------------------------------------- Follow us: https://twitter.com/ETHGlobal​ Check us out: https://ethglobal.co​ Email us at: hello@ethglobal.co