Ready for Merge podcast

MULTIPARTY BLOCK CONSTRUCTION W/DREW VAN DER WERFF

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Summary: In this episode, Christine D. Kim interviews Blockspace co-founder Drew Van der Werff about Ethereum’s blockspace market. Since the Merge, Ethereum’s transition to proof-of-stake, the blockspace market has become increasingly centralized, with a few sophisticated block builders publishing most blocks. To combat builder centralization, Drew’s team at Blockspace has pioneered a new out-of-protocol software called multi-party block construction (MPBC), which lets builders collaborate on publishing a block and split block rewards without sharing or revealing transaction order flow, except to trusted MPBC operators. Drew explains MPBC’s benefits and drawbacks, and its adoption among builders since it went live in September 2026.

This episode was recorded on November 4, 2026. 

Timestamps:

(1:50) Drew’s background in Ethereum 

(9:50) Why Drew gravitated to Ethereum core protocol development

(16:53) Overview of Commit-Boost

(23:31) Concerns about ePBS’ impact on builder centralization

(33:57) How MPBC addresses builder centralization

(37:25) The role of exclusive order flow in builder centralization

(53:04) The drawbacks of MPBC

(1:01:21) The end game for Ethereum’s blockspace market 

Show links: 

Drew’s X profile (https://x.com/DrewVdW) 

Blockspace Forum blog post on block bid selection options in Glamsterdam (https://blockspace.forum/takes/keep-the-latest-bid.html) 

Blockspace Forum MPBC data dashboard (https://docs.blockspace.forum/mpbc/live-metrics/#overview) 

Understanding ePBS Through the Lens of Game Theory w/ Mike Neuder (https://www.youtube.com/watch?v=2uCP53OfPls&t=2s) 

Unbundling Staking Towards Rainbow Staking by Barnabe Monnot (https://ethresear.ch/t/unbundling-staking-towards-rainbow-staking/18683)

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