# 133 - Flashbots Saves Crypto with Stephane Gosselin

*Author: David Hoffman*
*Published: Aug 20, 2022*
*Source: https://www.bankless.com/es/early-access-flashbots-saves-crypto*

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Many of us are massively optimistic about crypto and aren’t worried too much about its future. However, this MEV thing could be our achilles heel.

On this episode, we dive into what Stephane and his team are doing to make MEV less of a potential weak point, how MEV works, and what our industry would look like if Flashbots didn't exist. And of course—so much more. Stephane Gosselin is a co-founder of Flashbots alongside Scott Bigelow, Phil Daian, Alex Obadia, and Tina Zhen, an R&D organization that’s trying to fix the most pernicious problem in crypto—the problem of MEV (Maximum Extractable Value).

This is another fundamental Bankless episode that you won’t want to miss.

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### TIMESTAMPS
0:00 Intro

9:28 MEV Explained & Its Importance

13:35 The Evil Side of MEV

21:26 MEV Utopia vs. Dystopia 

28:54 Competitiveness, Market Structure, Equilibrium 

32:10 MEV Supply Chain Crashcourse

37:24 Timeline

38:56 Flashbots Thesis

42:31 No MEV Geth Scenario 

45:15 Flashbots Continued

49:10 Solutions 

51:15 MEV Boost

1:00:18 MEV Boost Adoption

1:05:10 Differences in Staking APY

1:08:20 Flashbots Incentives

1:12:57 Infinite Problems to be Solved?

1:14:35 PBS 

1:17:54 Relayer Role

1:20:05 Weird MEV Potential Merge Issues?

1:22:40 Byproducts of MEV Boost

1:27:17 New Builder Market Speculation

1:31:15 Stephane’s Optimism 

1:32:55 Closing & Disclaimer

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### RESOURCES
Stephane Gosselin

https://twitter.com/thegostep

MEV-Boost in a Nutshell

https://boost.flashbots.net/

Flashbots Blog Posts

https://writings.flashbots.net/writings 

Guide to Ethereum Roadmap

https://newsletter.banklesshq.com/p/guide-to-the-ethereum-roadmap-jon#details

Ethereum’s Hidden Power Structure

https://newsletter.banklesshq.com/p/125-matt-cutler#details