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hello<00:00:09.160><c> everyone</c><00:00:10.160><c> um</c><00:00:10.400><c> today</c><00:00:10.679><c> I'm</c><00:00:10.920><c> presenting</c>

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hello everyone um today I'm presenting
 

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hello everyone um today I'm presenting
fossil<00:00:12.160><c> which</c><00:00:12.280><c> is</c><00:00:12.400><c> our</c><00:00:12.559><c> inclusionist</c><00:00:13.240><c> design</c>

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fossil which is our inclusionist design
 

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fossil which is our inclusionist design
that<00:00:13.759><c> we're</c><00:00:14.040><c> proposing</c><00:00:14.799><c> to</c><00:00:14.960><c> be</c><00:00:15.120><c> implemented</c>

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that we're proposing to be implemented
 

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that we're proposing to be implemented
into<00:00:15.879><c> itan</c><00:00:16.240><c> Pro</c><00:00:16.480><c> schol</c><00:00:17.000><c> via</c><00:00:17.240><c> Erp</c>

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into itan Pro schol via Erp
 

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into itan Pro schol via Erp
7805<00:00:19.560><c> so</c><00:00:19.960><c> you</c><00:00:20.080><c> may</c><00:00:20.240><c> have</c><00:00:20.439><c> expected</c><00:00:20.880><c> tomma</c><00:00:21.359><c> here</c>

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7805 so you may have expected tomma here
 

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7805 so you may have expected tomma here
uh<00:00:22.000><c> who</c><00:00:22.119><c> is</c><00:00:22.240><c> the</c><00:00:22.359><c> lead</c><00:00:22.600><c> on</c><00:00:22.720><c> the</c><00:00:22.840><c> fossil</c>

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uh who is the lead on the fossil
 

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uh who is the lead on the fossil
projects<00:00:23.640><c> but</c><00:00:23.760><c> unfortunately</c><00:00:24.199><c> he</c><00:00:24.320><c> couldn't</c>

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projects but unfortunately he couldn't
 

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projects but unfortunately he couldn't
make<00:00:24.800><c> it</c><00:00:25.320><c> so</c><00:00:25.599><c> I'm</c><00:00:25.720><c> Jillian</c><00:00:26.279><c> I'm</c><00:00:26.439><c> one</c><00:00:26.560><c> of</c><00:00:26.679><c> his</c>

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make it so I'm Jillian I'm one of his
 

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make it so I'm Jillian I'm one of his
teammates<00:00:27.240><c> at</c><00:00:27.320><c> the</c><00:00:27.439><c> robust</c><00:00:27.720><c> incenters</c><00:00:28.199><c> group</c>

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teammates at the robust incenters group
 

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teammates at the robust incenters group
at<00:00:28.519><c> the</c><00:00:28.599><c> etherum</c><00:00:28.960><c> foundation</c><00:00:29.800><c> and</c><00:00:30.119><c> and</c><00:00:30.199><c> I'll</c>

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at the etherum foundation and and I'll
 

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at the etherum foundation and and I'll
presenting<00:00:30.920><c> be</c><00:00:31.119><c> presenting</c><00:00:31.439><c> our</c><00:00:31.599><c> joint</c><00:00:31.880><c> work</c>

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presenting be presenting our joint work
 

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presenting be presenting our joint work
with<00:00:32.399><c> to</c><00:00:32.759><c> as</c><00:00:32.880><c> the</c><00:00:33.000><c> lead</c><00:00:33.440><c> Franchesco</c><00:00:34.320><c> me</c><00:00:34.680><c> barnab</c>

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with to as the lead Franchesco me barnab
 

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with to as the lead Franchesco me barnab
Bay<00:00:35.480><c> Terren</c><00:00:35.920><c> who</c><00:00:36.000><c> is</c><00:00:36.160><c> here</c><00:00:36.280><c> as</c><00:00:36.399><c> well</c><00:00:37.000><c> Jacob</c><00:00:37.559><c> and</c>

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Bay Terren who is here as well Jacob and
 

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Bay Terren who is here as well Jacob and
Jun<00:00:40.039><c> so</c><00:00:40.520><c> first</c><00:00:40.680><c> of</c><00:00:40.800><c> all</c><00:00:41.000><c> I'll</c><00:00:41.440><c> give</c><00:00:41.559><c> a</c><00:00:41.680><c> bit</c><00:00:41.840><c> of</c><00:00:41.960><c> a</c>

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Jun so first of all I'll give a bit of a
 

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Jun so first of all I'll give a bit of a
high<00:00:42.200><c> level</c><00:00:42.440><c> introduction</c><00:00:42.840><c> to</c><00:00:43.000><c> what</c><00:00:43.120><c> are</c>

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high level introduction to what are
 

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high level introduction to what are
inclusion<00:00:43.760><c> lists</c><00:00:44.039><c> and</c><00:00:44.160><c> what</c><00:00:44.280><c> are</c><00:00:44.399><c> we</c><00:00:44.600><c> actually</c>

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inclusion lists and what are we actually
 

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inclusion lists and what are we actually
trying<00:00:45.039><c> to</c><00:00:45.200><c> achieve</c><00:00:45.559><c> here</c><00:00:46.160><c> so</c><00:00:46.320><c> the</c>

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trying to achieve here so the
 

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trying to achieve here so the
inclusionist<00:00:47.000><c> design</c><00:00:47.360><c> philosophy</c><00:00:47.879><c> is</c><00:00:48.079><c> that</c>

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inclusionist design philosophy is that
 

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inclusionist design philosophy is that
ethereum<00:00:49.039><c> has</c><00:00:49.239><c> access</c><00:00:49.520><c> to</c><00:00:49.800><c> centralized</c>

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ethereum has access to centralized
 

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ethereum has access to centralized
agents<00:00:50.840><c> and</c><00:00:51.000><c> decentralized</c><00:00:51.760><c> agents</c><00:00:52.480><c> and</c><00:00:52.600><c> we</c>

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agents and decentralized agents and we
 

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agents and decentralized agents and we
want<00:00:52.920><c> the</c><00:00:53.120><c> decentralized</c><00:00:53.760><c> agents</c><00:00:54.120><c> to</c><00:00:54.280><c> have</c>

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want the decentralized agents to have
 

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want the decentralized agents to have
some<00:00:54.719><c> inputs</c><00:00:55.120><c> into</c><00:00:55.359><c> centralized</c><00:00:55.800><c> blood</c>

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some inputs into centralized blood
 

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some inputs into centralized blood
construction<00:00:57.280><c> so</c><00:00:57.680><c> inclusion</c><00:00:58.079><c> list</c><00:00:58.359><c> really</c>

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construction so inclusion list really
 

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construction so inclusion list really
Leverage<00:00:59.039><c> The</c><00:00:59.160><c> decentralization</c><00:01:00.120><c> in</c><00:01:00.239><c> the</c>

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Leverage The decentralization in the
 

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Leverage The decentralization in the
validator<00:01:00.960><c> set</c><00:01:01.280><c> that</c><00:01:01.399><c> we've</c><00:01:01.559><c> gten</c><00:01:01.960><c> from</c>

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validator set that we've gten from
 

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validator set that we've gten from
proposer<00:01:02.519><c> Builder</c><00:01:02.879><c> separation</c><00:01:03.760><c> and</c><00:01:03.879><c> it's</c><00:01:04.040><c> the</c>

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proposer Builder separation and it's the
 

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proposer Builder separation and it's the
first<00:01:04.680><c> design</c><00:01:05.000><c> of</c><00:01:05.159><c> its</c><00:01:05.360><c> kind</c><00:01:05.960><c> uh</c><00:01:06.040><c> to</c><00:01:06.240><c> do</c><00:01:06.439><c> so</c><00:01:07.439><c> uh</c>

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first design of its kind uh to do so uh
 

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first design of its kind uh to do so uh
and<00:01:08.600><c> having</c><00:01:08.880><c> inclusion</c><00:01:09.320><c> list</c><00:01:09.520><c> is</c><00:01:10.159><c> necessary</c>

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and having inclusion list is necessary
 

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and having inclusion list is necessary
to<00:01:10.920><c> obtain</c><00:01:11.880><c> uh</c><00:01:12.040><c> the</c><00:01:12.159><c> core</c><00:01:12.400><c> property</c><00:01:12.720><c> of</c>

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to obtain uh the core property of
 

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to obtain uh the core property of
ethereum<00:01:13.280><c> which</c><00:01:13.360><c> is</c><00:01:13.479><c> to</c><00:01:13.640><c> provide</c><00:01:14.040><c> CH</c>

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ethereum which is to provide CH
 

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ethereum which is to provide CH
neutrality<00:01:15.400><c> CH</c><00:01:15.640><c> neutrality</c><00:01:16.200><c> we</c><00:01:16.360><c> Define</c><00:01:16.799><c> here</c>

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neutrality CH neutrality we Define here
 

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neutrality CH neutrality we Define here
as<00:01:17.759><c> any</c><00:01:18.080><c> valid</c><00:01:18.360><c> and</c><00:01:18.560><c> pending</c><00:01:18.960><c> transaction</c>

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as any valid and pending transaction
 

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as any valid and pending transaction
that<00:01:19.759><c> pays</c><00:01:20.000><c> the</c><00:01:20.159><c> pervading</c><00:01:20.560><c> base</c><00:01:20.840><c> fee</c><00:01:21.280><c> is</c>

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that pays the pervading base fee is
 

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that pays the pervading base fee is
included<00:01:21.880><c> within</c><00:01:22.119><c> the</c><00:01:22.200><c> block</c><00:01:22.600><c> unless</c><00:01:22.840><c> there's</c>

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included within the block unless there's
 

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included within the block unless there's
no<00:01:23.240><c> space</c>

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no space
 

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no space
anymore<00:01:25.640><c> so</c><00:01:25.799><c> the</c><00:01:25.960><c> basic</c><00:01:26.280><c> idea</c><00:01:26.520><c> of</c><00:01:26.640><c> inclusion</c>

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anymore so the basic idea of inclusion
 

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anymore so the basic idea of inclusion
list<00:01:27.360><c> is</c><00:01:27.479><c> that</c><00:01:27.600><c> there</c><00:01:27.680><c> are</c><00:01:27.840><c> some</c><00:01:28.079><c> lists</c><00:01:28.320><c> of</c>

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list is that there are some lists of
 

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list is that there are some lists of
transactions<00:01:29.079><c> that</c><00:01:29.280><c> constrains</c><00:01:30.040><c> how</c><00:01:30.159><c> a</c><00:01:30.280><c> block</c>

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transactions that constrains how a block
 

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transactions that constrains how a block
is<00:01:30.680><c> created</c><00:01:31.479><c> and</c><00:01:31.640><c> usually</c><00:01:31.960><c> you</c><00:01:32.040><c> would</c><00:01:32.240><c> say</c>

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is created and usually you would say
 

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is created and usually you would say
that<00:01:32.720><c> this</c><00:01:32.880><c> list</c><00:01:33.079><c> of</c><00:01:33.240><c> transactions</c><00:01:33.880><c> must</c><00:01:34.079><c> be</c>

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that this list of transactions must be
 

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that this list of transactions must be
included<00:01:34.640><c> in</c><00:01:34.759><c> the</c><00:01:34.880><c> Block</c><00:01:35.119><c> in</c><00:01:35.280><c> some</c><00:01:35.520><c> way</c><00:01:36.280><c> fosil</c>

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included in the Block in some way fosil
 

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included in the Block in some way fosil
doesn't<00:01:37.119><c> change</c><00:01:37.520><c> this</c><00:01:37.759><c> basic</c><00:01:38.280><c> idea</c><00:01:38.680><c> it's</c><00:01:38.840><c> more</c>

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doesn't change this basic idea it's more
 

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doesn't change this basic idea it's more
about<00:01:39.360><c> who</c><00:01:39.600><c> creates</c><00:01:39.960><c> the</c><00:01:40.159><c> list</c><00:01:40.520><c> and</c><00:01:40.680><c> how</c><00:01:40.799><c> is</c>

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about who creates the list and how is
 

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about who creates the list and how is
the<00:01:41.040><c> list</c>

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the list
 

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the list
enforced<00:01:44.040><c> so</c><00:01:44.320><c> what</c><00:01:44.439><c> is</c><00:01:44.640><c> fosil</c><00:01:45.439><c> fosil</c><00:01:45.920><c> is</c><00:01:46.079><c> forth</c>

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enforced so what is fosil fosil is forth
 

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enforced so what is fosil fosil is forth
Choice<00:01:46.759><c> enforced</c><00:01:47.240><c> inclusion</c><00:01:47.719><c> list</c><00:01:48.159><c> so</c><00:01:48.320><c> the</c>

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Choice enforced inclusion list so the
 

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Choice enforced inclusion list so the
four<00:01:48.680><c> Choice</c><00:01:49.000><c> enforced</c><00:01:49.399><c> part</c><00:01:49.600><c> says</c><00:01:49.840><c> something</c>

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four Choice enforced part says something
 

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four Choice enforced part says something
about<00:01:50.280><c> how</c><00:01:50.439><c> it's</c><00:01:50.759><c> enforced</c><00:01:51.759><c> uh</c><00:01:51.880><c> and</c><00:01:52.079><c> F</c><00:01:52.439><c> allows</c>

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about how it's enforced uh and F allows
 

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about how it's enforced uh and F allows
multiple<00:01:53.640><c> validators</c><00:01:54.280><c> to</c><00:01:54.439><c> provide</c><00:01:54.719><c> inputs</c>

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multiple validators to provide inputs
 

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multiple validators to provide inputs
into<00:01:55.320><c> block</c><00:01:55.560><c> construction</c><00:01:56.360><c> achieving</c><00:01:56.799><c> this</c>

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into block construction achieving this
 

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into block construction achieving this
core<00:01:57.240><c> property</c><00:01:57.799><c> of</c><00:01:58.439><c> uh</c><00:01:58.560><c> increasing</c><00:01:59.000><c> the</c>

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core property of uh increasing the
 

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core property of uh increasing the
credible<00:01:59.439><c> neutrality</c><00:02:00.200><c> so</c><00:02:00.399><c> here</c><00:02:00.520><c> you</c><00:02:00.640><c> can</c>

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credible neutrality so here you can
 

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credible neutrality so here you can
think<00:02:01.000><c> about</c><00:02:01.240><c> censorship</c><00:02:01.759><c> resistance</c>

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think about censorship resistance
 

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think about censorship resistance
whether<00:02:03.039><c> this</c><00:02:03.159><c> is</c><00:02:03.399><c> for</c><00:02:04.079><c> transactions</c><00:02:04.600><c> that</c>

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whether this is for transactions that
 

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whether this is for transactions that
are<00:02:04.840><c> being</c><00:02:05.039><c> censored</c><00:02:05.479><c> because</c><00:02:05.640><c> of</c><00:02:05.799><c> regulatory</c>

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are being censored because of regulatory
 

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are being censored because of regulatory
reasons<00:02:06.920><c> for</c><00:02:07.159><c> economic</c><00:02:07.600><c> reasons</c><00:02:08.200><c> or</c><00:02:08.520><c> by</c>

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reasons for economic reasons or by
 

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reasons for economic reasons or by
chance<00:02:09.520><c> uh</c><00:02:09.640><c> as</c><00:02:09.840><c> happens</c><00:02:10.160><c> today</c><00:02:11.160><c> and</c><00:02:11.280><c> then</c>

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chance uh as happens today and then
 

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chance uh as happens today and then
there<00:02:11.520><c> are</c><00:02:11.680><c> some</c><00:02:11.840><c> other</c><00:02:12.040><c> design</c><00:02:12.400><c> goals</c><00:02:12.760><c> which</c>

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there are some other design goals which
 

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there are some other design goals which
is<00:02:13.040><c> robustness</c><00:02:13.640><c> of</c><00:02:13.760><c> the</c><00:02:13.920><c> system</c><00:02:14.480><c> we</c><00:02:14.599><c> want</c>

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is robustness of the system we want
 

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is robustness of the system we want
fossil<00:02:15.200><c> to</c><00:02:15.319><c> be</c><00:02:15.440><c> used</c><00:02:15.720><c> and</c><00:02:15.879><c> we</c><00:02:16.000><c> want</c><00:02:16.120><c> it</c><00:02:16.200><c> to</c><00:02:16.319><c> be</c>

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fossil to be used and we want it to be
 

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fossil to be used and we want it to be
only<00:02:16.800><c> used</c><00:02:17.280><c> to</c><00:02:17.519><c> provide</c><00:02:18.080><c> these</c><00:02:18.879><c> um</c><00:02:19.239><c> this</c>

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only used to provide these um this
 

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only used to provide these um this
increase<00:02:19.720><c> incedible</c><00:02:20.480><c> neutrality</c><00:02:21.480><c> and</c><00:02:22.160><c> uh</c>

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increase incedible neutrality and uh
 

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increase incedible neutrality and uh
another<00:02:22.560><c> design</c><00:02:22.840><c> goal</c><00:02:23.040><c> is</c><00:02:23.160><c> extendability</c><00:02:23.560><c> so</c>

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another design goal is extendability so
 

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another design goal is extendability so
we<00:02:24.480><c> want</c><00:02:24.680><c> fil</c><00:02:25.080><c> to</c><00:02:25.160><c> be</c><00:02:25.319><c> very</c><00:02:25.480><c> future</c><00:02:26.280><c> compatible</c>

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we want fil to be very future compatible
 

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we want fil to be very future compatible
um<00:02:27.519><c> yet</c><00:02:27.680><c> we</c><00:02:27.800><c> need</c><00:02:27.959><c> inclusionist</c><00:02:28.599><c> today</c><00:02:29.000><c> since</c>

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um yet we need inclusionist today since
 

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um yet we need inclusionist today since
block<00:02:29.879><c> struction</c><00:02:30.160><c> is</c><00:02:30.280><c> so</c><00:02:30.440><c> centralized</c><00:02:31.400><c> so</c><00:02:31.560><c> fil</c>

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block struction is so centralized so fil
 

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block struction is so centralized so fil
is<00:02:32.080><c> a</c><00:02:32.200><c> recurring</c><00:02:32.599><c> architecture</c><00:02:33.200><c> that</c><00:02:33.319><c> we</c><00:02:33.480><c> see</c>

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is a recurring architecture that we see
 

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is a recurring architecture that we see
in<00:02:34.080><c> multiple</c><00:02:34.480><c> designs</c><00:02:34.840><c> that</c><00:02:34.959><c> we're</c>

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in multiple designs that we're
 

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in multiple designs that we're
considering<00:02:35.840><c> for</c><00:02:36.560><c> other</c><00:02:37.560><c> um</c><00:02:37.760><c> use</c><00:02:38.120><c> cases</c><00:02:38.480><c> like</c>

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considering for other um use cases like
 

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considering for other um use cases like
pias<00:02:39.280><c> or</c><00:02:39.480><c> other</c><00:02:39.760><c> economic</c>

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pias or other economic
 

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pias or other economic
benefits<00:02:42.640><c> so</c><00:02:42.840><c> now</c><00:02:43.000><c> I'll</c><00:02:43.200><c> go</c><00:02:43.360><c> over</c><00:02:43.840><c> on</c><00:02:44.000><c> a</c><00:02:44.760><c> more</c>

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benefits so now I'll go over on a more
 

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benefits so now I'll go over on a more
specific<00:02:45.400><c> level</c><00:02:45.640><c> of</c><00:02:45.760><c> how</c><00:02:46.120><c> foso</c><00:02:46.640><c> actually</c>

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specific level of how foso actually
 

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specific level of how foso actually
works<00:02:47.200><c> and</c><00:02:47.319><c> how</c><00:02:47.440><c> these</c><00:02:47.599><c> inclusion</c><00:02:47.959><c> list</c><00:02:48.159><c> are</c>

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works and how these inclusion list are
 

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works and how these inclusion list are
created<00:02:48.920><c> distributed</c><00:02:49.599><c> and</c><00:02:49.800><c> enforced</c><00:02:50.519><c> and</c>

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created distributed and enforced and
 

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created distributed and enforced and
later<00:02:50.840><c> we'll</c><00:02:51.000><c> do</c><00:02:51.080><c> a</c><00:02:51.159><c> bit</c><00:02:51.319><c> of</c><00:02:51.400><c> a</c><00:02:51.519><c> recap</c><00:02:51.959><c> again</c><00:02:52.840><c> so</c>

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later we'll do a bit of a recap again so
 

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later we'll do a bit of a recap again so
I<00:02:53.400><c> said</c><00:02:53.640><c> that</c><00:02:53.959><c> F</c><00:02:54.319><c> allows</c><00:02:54.599><c> multiple</c><00:02:55.000><c> validators</c>

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I said that F allows multiple validators
 

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I said that F allows multiple validators
to<00:02:55.879><c> provide</c><00:02:56.120><c> some</c><00:02:56.280><c> inputs</c><00:02:56.560><c> into</c><00:02:56.760><c> block</c>

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to provide some inputs into block
 

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to provide some inputs into block
Construction<00:02:57.879><c> in</c><00:02:58.040><c> this</c><00:02:58.200><c> EIP</c><00:02:58.760><c> specifically</c>

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Construction in this EIP specifically
 

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Construction in this EIP specifically
we're<00:02:59.440><c> saying</c><00:02:59.680><c> that</c><00:02:59.879><c> There</c><00:02:59.959><c> are</c><00:03:00.080><c> 16</c>

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we're saying that There are 16
 

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we're saying that There are 16
validators<00:03:01.080><c> that</c><00:03:01.159><c> are</c><00:03:01.319><c> randomly</c><00:03:01.720><c> selected</c>

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validators that are randomly selected
 

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validators that are randomly selected
every<00:03:02.400><c> slot</c><00:03:02.720><c> to</c><00:03:02.840><c> become</c><00:03:03.080><c> inclusion</c><00:03:03.519><c> list</c>

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every slot to become inclusion list
 

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every slot to become inclusion list
committee<00:03:04.280><c> members</c><00:03:05.280><c> uh</c><00:03:05.400><c> and</c><00:03:05.560><c> what</c><00:03:05.680><c> these</c>

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committee members uh and what these
 

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committee members uh and what these
committee<00:03:06.440><c> members</c><00:03:06.760><c> do</c><00:03:06.959><c> is</c><00:03:07.120><c> they</c><00:03:07.280><c> each</c>

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committee members do is they each
 

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committee members do is they each
propose<00:03:08.400><c> uh</c><00:03:08.519><c> a</c><00:03:08.640><c> single</c><00:03:08.920><c> inclusion</c><00:03:09.319><c> list</c><00:03:09.519><c> by</c>

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propose uh a single inclusion list by
 

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propose uh a single inclusion list by
themselves<00:03:10.239><c> and</c><00:03:10.360><c> these</c><00:03:10.440><c> are</c><00:03:10.599><c> then</c><00:03:10.720><c> later</c>

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themselves and these are then later
 

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themselves and these are then later
aggregated<00:03:11.560><c> into</c><00:03:12.159><c> one</c><00:03:12.519><c> complete</c><00:03:12.879><c> one</c><00:03:13.680><c> so</c>

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aggregated into one complete one so
 

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aggregated into one complete one so
committee<00:03:14.280><c> members</c><00:03:14.599><c> they</c><00:03:14.760><c> observe</c><00:03:15.120><c> the</c><00:03:15.239><c> mol</c>

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committee members they observe the mol
 

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committee members they observe the mol
and<00:03:15.959><c> see</c><00:03:16.280><c> transactions</c><00:03:16.720><c> in</c><00:03:16.879><c> whatever</c><00:03:17.200><c> way</c>

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and see transactions in whatever way
 

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and see transactions in whatever way
that<00:03:17.440><c> they</c><00:03:17.560><c> see</c><00:03:17.760><c> them</c><00:03:17.959><c> and</c><00:03:18.080><c> they</c><00:03:18.239><c> construct</c>

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that they see them and they construct
 

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that they see them and they construct
their<00:03:18.720><c> local</c><00:03:19.000><c> inclusion</c><00:03:19.440><c> list</c><00:03:20.080><c> which</c><00:03:20.200><c> is</c><00:03:20.319><c> a</c>

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their local inclusion list which is a
 

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their local inclusion list which is a
list<00:03:20.879><c> of</c><00:03:21.040><c> transactions</c><00:03:21.680><c> that</c><00:03:21.799><c> they</c><00:03:21.959><c> sign</c><00:03:22.280><c> over</c>

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list of transactions that they sign over
 

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list of transactions that they sign over
uh<00:03:23.400><c> which</c><00:03:23.519><c> is</c><00:03:23.640><c> then</c><00:03:23.959><c> distributed</c><00:03:24.959><c> and</c><00:03:25.120><c> each</c>

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uh which is then distributed and each
 

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uh which is then distributed and each
inclusion<00:03:25.799><c> list</c><00:03:26.080><c> is</c><00:03:26.239><c> at</c><00:03:26.400><c> most</c><00:03:26.680><c> 8</c><00:03:27.000><c> kilobytes</c>

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inclusion list is at most 8 kilobytes
 

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inclusion list is at most 8 kilobytes
which<00:03:27.840><c> should</c><00:03:28.040><c> be</c><00:03:28.159><c> around</c><00:03:28.720><c> 20</c><00:03:29.080><c> transactions</c>

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which should be around 20 transactions
 

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which should be around 20 transactions
on<00:03:29.840><c> average</c><00:03:30.720><c> uh</c><00:03:30.799><c> so</c><00:03:31.000><c> 20</c><00:03:31.400><c> *</c><00:03:31.760><c> 16</c><00:03:32.200><c> gives</c><00:03:32.360><c> you</c><00:03:32.560><c> 320</c>

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on average uh so 20 * 16 gives you 320
 

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on average uh so 20 * 16 gives you 320
average<00:03:33.840><c> transactions</c><00:03:34.840><c> over</c><00:03:35.120><c> all</c><00:03:35.319><c> of</c><00:03:35.439><c> the</c>

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average transactions over all of the
 

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average transactions over all of the
fossil<00:03:35.959><c> inclusion</c><00:03:36.360><c> lists</c><00:03:37.239><c> uh</c><00:03:37.400><c> and</c><00:03:37.640><c> a</c><00:03:37.799><c> block</c><00:03:38.040><c> on</c>

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fossil inclusion lists uh and a block on
 

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fossil inclusion lists uh and a block on
average<00:03:38.519><c> has</c><00:03:38.680><c> about</c><00:03:39.080><c> 200</c><00:03:39.319><c> transactions</c><00:03:40.040><c> so</c><00:03:40.200><c> we</c>

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average has about 200 transactions so we
 

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average has about 200 transactions so we
allow<00:03:41.200><c> uh</c><00:03:41.319><c> fossil</c><00:03:41.760><c> to</c><00:03:41.959><c> be</c><00:03:42.200><c> used</c><00:03:42.480><c> as</c><00:03:42.599><c> like</c><00:03:42.760><c> a</c>

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allow uh fossil to be used as like a
 

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allow uh fossil to be used as like a
block<00:03:43.159><c> template</c><00:03:43.799><c> all</c><00:03:44.280><c> transactions</c><00:03:44.760><c> in</c>

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block template all transactions in
 

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block template all transactions in
principle<00:03:45.319><c> could</c><00:03:45.480><c> be</c><00:03:45.560><c> included</c><00:03:46.000><c> via</c><00:03:46.519><c> foso</c><00:03:47.519><c> um</c>

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principle could be included via foso um
 

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principle could be included via foso um
with<00:03:48.720><c> some</c><00:03:48.959><c> extra</c><00:03:49.360><c> overlap</c><00:03:49.920><c> because</c><00:03:50.200><c> these</c>

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with some extra overlap because these
 

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with some extra overlap because these
agents<00:03:50.959><c> might</c><00:03:51.239><c> the</c><00:03:51.400><c> inclusion</c><00:03:51.760><c> of</c><00:03:51.879><c> committee</c>

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agents might the inclusion of committee
 

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agents might the inclusion of committee
members<00:03:52.519><c> might</c><00:03:52.680><c> not</c><00:03:52.840><c> be</c><00:03:53.120><c> coordinated</c><00:03:53.760><c> agents</c>

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members might not be coordinated agents
 

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members might not be coordinated agents
so<00:03:54.280><c> they</c><00:03:54.400><c> may</c><00:03:54.560><c> choose</c><00:03:54.879><c> similar</c><00:03:55.560><c> transactions</c>

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so they may choose similar transactions
 

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so they may choose similar transactions
um<00:03:56.680><c> so</c><00:03:56.840><c> there</c><00:03:56.959><c> needs</c><00:03:57.120><c> to</c><00:03:57.200><c> be</c><00:03:57.319><c> some</c>

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um so there needs to be some
 

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um so there needs to be some
overlap<00:03:59.760><c> so</c><00:03:59.920><c> now</c><00:04:00.040><c> that</c><00:04:00.280><c> these</c><00:04:01.000><c> agents</c><00:04:01.400><c> make</c>

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overlap so now that these agents make
 

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overlap so now that these agents make
their<00:04:01.760><c> own</c><00:04:02.000><c> inclusion</c><00:04:02.400><c> list</c><00:04:02.720><c> these</c><00:04:02.879><c> inclusion</c>

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their own inclusion list these inclusion
 

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their own inclusion list these inclusion
List<00:04:03.439><c> have</c><00:04:03.560><c> to</c><00:04:03.680><c> be</c><00:04:03.840><c> created</c><00:04:04.360><c> and</c><00:04:04.480><c> they</c><00:04:04.599><c> need</c><00:04:04.720><c> to</c>

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List have to be created and they need to
 

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List have to be created and they need to
go<00:04:05.079><c> to</c><00:04:05.360><c> the</c><00:04:05.560><c> proposer</c><00:04:06.159><c> who</c><00:04:06.319><c> needs</c><00:04:06.519><c> to</c><00:04:06.680><c> include</c>

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go to the proposer who needs to include
 

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go to the proposer who needs to include
them<00:04:07.480><c> and</c><00:04:07.640><c> the</c><00:04:07.799><c> testers</c><00:04:08.239><c> who</c><00:04:08.439><c> enforce</c><00:04:08.799><c> them</c>

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them and the testers who enforce them
 

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them and the testers who enforce them
via<00:04:09.120><c> the</c><00:04:09.200><c> fork</c><00:04:09.480><c> choice</c><00:04:10.239><c> so</c><00:04:10.400><c> first</c><00:04:10.560><c> we'll</c><00:04:10.760><c> look</c>

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via the fork choice so first we'll look
 

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via the fork choice so first we'll look
at<00:04:11.040><c> how</c><00:04:11.200><c> these</c><00:04:11.360><c> inclusion</c><00:04:11.760><c> lists</c><00:04:11.959><c> are</c>

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at how these inclusion lists are
 

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at how these inclusion lists are
distributed<00:04:12.640><c> to</c><00:04:12.879><c> the</c><00:04:13.239><c> proposer</c><00:04:14.239><c> each</c><00:04:14.480><c> I</c>

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distributed to the proposer each I
 

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distributed to the proposer each I
Committee<00:04:15.159><c> Member</c><00:04:15.920><c> distributes</c><00:04:16.519><c> their</c><00:04:16.919><c> uh</c>

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Committee Member distributes their uh
 

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Committee Member distributes their uh
inclusion<00:04:17.440><c> list</c><00:04:17.600><c> over</c><00:04:17.759><c> the</c><00:04:17.880><c> global</c><00:04:18.239><c> topic</c>

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inclusion list over the global topic
 

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inclusion list over the global topic
this<00:04:18.880><c> is</c><00:04:19.079><c> the</c><00:04:19.320><c> the</c><00:04:19.440><c> peer-to-peer</c><00:04:19.840><c> part</c><00:04:20.199><c> of</c><00:04:20.320><c> the</c>

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this is the the peer-to-peer part of the
 

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this is the the peer-to-peer part of the
network<00:04:20.840><c> where</c><00:04:21.320><c> all</c><00:04:21.600><c> participant</c><00:04:22.120><c> listen</c><00:04:22.600><c> to</c>

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network where all participant listen to
 

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network where all participant listen to
uh<00:04:23.880><c> ATT</c><00:04:24.040><c> testers</c><00:04:24.600><c> who</c><00:04:24.759><c> enforce</c><00:04:25.120><c> the</c><00:04:25.240><c> inclusion</c>

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uh ATT testers who enforce the inclusion
 

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uh ATT testers who enforce the inclusion
list<00:04:26.000><c> which</c><00:04:26.120><c> we'll</c><00:04:26.280><c> see</c><00:04:26.400><c> in</c><00:04:26.520><c> a</c><00:04:26.639><c> bit</c><00:04:27.360><c> uh</c><00:04:27.479><c> freeze</c>

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list which we'll see in a bit uh freeze
 

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list which we'll see in a bit uh freeze
their<00:04:28.040><c> view</c><00:04:28.400><c> of</c><00:04:28.560><c> the</c><00:04:28.720><c> available</c><00:04:29.039><c> loal</c>

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their view of the available loal
 

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their view of the available loal
inclusion<00:04:29.840><c> list</c><00:04:30.120><c> at</c><00:04:30.280><c> second</c><00:04:30.639><c> n</c><00:04:31.440><c> so</c><00:04:31.639><c> what</c><00:04:31.759><c> they</c>

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inclusion list at second n so what they
 

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inclusion list at second n so what they
do<00:04:32.199><c> is</c><00:04:32.720><c> all</c><00:04:33.080><c> inclusion</c><00:04:33.520><c> list</c><00:04:33.759><c> that</c><00:04:33.880><c> they</c><00:04:34.039><c> had</c>

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do is all inclusion list that they had
 

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do is all inclusion list that they had
seen<00:04:34.520><c> before</c><00:04:34.840><c> second</c><00:04:35.199><c> n</c><00:04:36.080><c> uh</c><00:04:36.240><c> they</c><00:04:36.400><c> will</c>

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seen before second n uh they will
 

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seen before second n uh they will
enforce<00:04:37.520><c> and</c><00:04:38.120><c> inclusion</c><00:04:38.520><c> list</c><00:04:38.720><c> that</c><00:04:38.880><c> come</c><00:04:39.039><c> in</c>

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enforce and inclusion list that come in
 

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enforce and inclusion list that come in
later<00:04:40.160><c> uh</c><00:04:40.280><c> they</c><00:04:40.400><c> do</c><00:04:40.560><c> not</c><00:04:40.800><c> enforce</c><00:04:41.800><c> but</c><00:04:42.080><c> they</c>

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later uh they do not enforce but they
 

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later uh they do not enforce but they
still<00:04:42.520><c> propagate</c><00:04:43.000><c> them</c><00:04:43.120><c> to</c><00:04:43.360><c> the</c><00:04:43.680><c> to</c><00:04:43.840><c> the</c><00:04:43.960><c> block</c>

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still propagate them to the to the block
 

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still propagate them to the to the block
producer<00:04:45.080><c> and</c><00:04:45.199><c> this</c><00:04:45.320><c> is</c><00:04:45.479><c> essential</c><00:04:46.039><c> because</c>

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producer and this is essential because
 

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producer and this is essential because
this<00:04:46.479><c> time</c><00:04:46.680><c> reference</c><00:04:47.120><c> is</c><00:04:47.320><c> there</c><00:04:47.479><c> to</c><00:04:47.680><c> prevent</c>

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this time reference is there to prevent
 

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this time reference is there to prevent
split<00:04:48.320><c> view</c><00:04:48.600><c> attacks</c><00:04:49.280><c> a</c><00:04:49.400><c> split</c><00:04:49.680><c> view</c><00:04:49.919><c> attack</c>

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split view attacks a split view attack
 

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split view attacks a split view attack
is<00:04:50.280><c> when</c><00:04:50.440><c> an</c><00:04:50.560><c> inclusion</c><00:04:51.000><c> list</c><00:04:51.160><c> Committee</c>

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is when an inclusion list Committee
 

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is when an inclusion list Committee
Member<00:04:51.759><c> is</c><00:04:51.880><c> trying</c><00:04:52.120><c> to</c><00:04:52.240><c> split</c><00:04:52.560><c> the</c><00:04:52.680><c> view</c><00:04:53.479><c> of</c>

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Member is trying to split the view of
 

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Member is trying to split the view of
the<00:04:53.840><c> block</c><00:04:54.160><c> producer</c><00:04:54.800><c> and</c><00:04:54.960><c> the</c><00:04:55.120><c> attester</c><00:04:55.639><c> so</c>

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the block producer and the attester so
 

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the block producer and the attester so
the<00:04:55.960><c> person</c><00:04:56.160><c> who</c><00:04:56.320><c> has</c><00:04:56.440><c> to</c><00:04:56.560><c> act</c><00:04:56.800><c> on</c><00:04:57.000><c> it</c><00:04:57.240><c> and</c>

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the person who has to act on it and
 

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the person who has to act on it and
those<00:04:57.600><c> who</c><00:04:57.759><c> has</c><00:04:57.919><c> to</c><00:04:58.120><c> enforce</c><00:04:58.560><c> it</c><00:04:59.160><c> you</c><00:04:59.280><c> could</c>

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those who has to enforce it you could
 

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those who has to enforce it you could
imag<00:05:00.000><c> that</c><00:05:00.160><c> if</c><00:05:00.280><c> the</c><00:05:00.440><c> testers</c><00:05:00.919><c> think</c><00:05:01.240><c> that</c>

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imag that if the testers think that
 

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imag that if the testers think that
there<00:05:01.479><c> are</c><00:05:01.639><c> more</c><00:05:01.880><c> inclusion</c><00:05:02.280><c> lists</c><00:05:02.520><c> than</c><00:05:02.680><c> the</c>

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there are more inclusion lists than the
 

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there are more inclusion lists than the
proposer<00:05:03.720><c> then</c><00:05:03.880><c> the</c><00:05:04.039><c> proposer</c><00:05:04.840><c> can't</c><00:05:05.560><c> adhere</c>

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proposer then the proposer can't adhere
 

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proposer then the proposer can't adhere
to<00:05:06.039><c> the</c><00:05:06.120><c> rules</c><00:05:06.360><c> of</c><00:05:06.479><c> the</c><00:05:06.560><c> inclusion</c><00:05:06.960><c> list</c>

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to the rules of the inclusion list
 

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to the rules of the inclusion list
because<00:05:07.360><c> simply</c><00:05:07.720><c> doesn't</c><00:05:07.960><c> know</c><00:05:08.160><c> what's</c>

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because simply doesn't know what's
 

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because simply doesn't know what's
available<00:05:09.400><c> so</c><00:05:09.560><c> we</c><00:05:09.680><c> give</c><00:05:09.840><c> the</c><00:05:09.919><c> block</c><00:05:10.160><c> producer</c>

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available so we give the block producer
 

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available so we give the block producer
three<00:05:10.800><c> more</c><00:05:11.120><c> seconds</c><00:05:11.479><c> to</c><00:05:11.680><c> act</c><00:05:11.919><c> on</c><00:05:12.080><c> it</c><00:05:13.039><c> uh</c><00:05:13.160><c> to</c>

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three more seconds to act on it uh to
 

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three more seconds to act on it uh to
prevent<00:05:13.600><c> the</c><00:05:13.759><c> split</c><00:05:14.039><c> view</c><00:05:14.600><c> so</c><00:05:14.800><c> if</c><00:05:14.919><c> the</c><00:05:15.039><c> block</c>

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prevent the split view so if the block
 

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prevent the split view so if the block
producer<00:05:15.680><c> doesn't</c><00:05:16.080><c> have</c><00:05:16.840><c> uh</c><00:05:17.039><c> inclusion</c><00:05:17.440><c> list</c>

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producer doesn't have uh inclusion list
 

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producer doesn't have uh inclusion list
at<00:05:17.720><c> second</c><00:05:18.039><c> 9</c><00:05:18.319><c> the</c><00:05:18.440><c> attestor</c><00:05:18.960><c> can</c><00:05:19.080><c> still</c>

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at second 9 the attestor can still
 

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at second 9 the attestor can still
propagate<00:05:19.720><c> it</c><00:05:19.840><c> to</c><00:05:19.960><c> the</c><00:05:20.039><c> block</c>

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propagate it to the block
 

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propagate it to the block
producer<00:05:22.039><c> the</c><00:05:22.160><c> block</c><00:05:22.440><c> also</c><00:05:22.639><c> doesn't</c><00:05:22.880><c> have</c><00:05:22.960><c> to</c>

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producer the block also doesn't have to
 

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producer the block also doesn't have to
be<00:05:23.240><c> entirely</c><00:05:23.680><c> rebuilt</c><00:05:24.160><c> inclusionist</c>

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be entirely rebuilt inclusionist
 

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be entirely rebuilt inclusionist
transactions<00:05:25.199><c> can</c><00:05:25.319><c> be</c><00:05:25.479><c> appended</c><00:05:25.960><c> to</c><00:05:26.120><c> the</c>

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transactions can be appended to the
 

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transactions can be appended to the
block<00:05:26.960><c> uh</c><00:05:27.080><c> meaning</c><00:05:27.440><c> that</c><00:05:27.919><c> it</c><00:05:28.039><c> can</c><00:05:28.160><c> be</c><00:05:28.360><c> fairly</c>

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block uh meaning that it can be fairly
 

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block uh meaning that it can be fairly
done<00:05:29.199><c> fairly</c><00:05:29.440><c> quickly</c>

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done fairly quickly
 

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done fairly quickly
so<00:05:31.680><c> then</c><00:05:31.800><c> on</c><00:05:31.960><c> to</c><00:05:32.160><c> enforcement</c><00:05:32.840><c> so</c><00:05:33.000><c> I've</c><00:05:33.120><c> hinted</c>

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so then on to enforcement so I've hinted
 

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so then on to enforcement so I've hinted
at<00:05:33.520><c> this</c><00:05:33.680><c> already</c><00:05:34.120><c> a</c><00:05:34.240><c> bit</c><00:05:34.720><c> and</c><00:05:34.840><c> it's</c><00:05:34.960><c> in</c><00:05:35.039><c> the</c>

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at this already a bit and it's in the
 

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at this already a bit and it's in the
name<00:05:35.440><c> of</c><00:05:35.600><c> course</c><00:05:35.960><c> enforced</c><00:05:36.400><c> via</c><00:05:36.600><c> the</c><00:05:36.680><c> fork</c>

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name of course enforced via the fork
 

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name of course enforced via the fork
Choice<00:05:37.960><c> um</c><00:05:38.560><c> the</c><00:05:38.720><c> testers</c><00:05:39.240><c> enforce</c><00:05:39.960><c> whether</c>

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Choice um the testers enforce whether
 

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Choice um the testers enforce whether
the<00:05:40.319><c> proposer</c><00:05:40.800><c> did</c><00:05:40.960><c> indeed</c><00:05:41.319><c> adhere</c><00:05:41.759><c> to</c><00:05:42.120><c> the</c>

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the proposer did indeed adhere to the
 

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the proposer did indeed adhere to the
inclusion<00:05:42.680><c> list</c><00:05:43.039><c> conditions</c><00:05:43.319><c> that</c><00:05:43.400><c> were</c>

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inclusion list conditions that were
 

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inclusion list conditions that were
specified<00:05:44.919><c> so</c><00:05:45.520><c> uh</c><00:05:45.680><c> the</c><00:05:45.759><c> testers</c><00:05:46.199><c> only</c><00:05:46.360><c> vote</c>

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specified so uh the testers only vote
 

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specified so uh the testers only vote
for<00:05:46.800><c> the</c><00:05:46.880><c> block</c><00:05:47.280><c> if</c><00:05:47.400><c> the</c><00:05:47.520><c> inclusion</c><00:05:47.919><c> lists</c>

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for the block if the inclusion lists
 

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for the block if the inclusion lists
were<00:05:48.400><c> indeed</c><00:05:48.800><c> adhered</c><00:05:49.479><c> and</c><00:05:49.639><c> how</c><00:05:49.759><c> it</c><00:05:49.840><c> works</c>

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were indeed adhered and how it works
 

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were indeed adhered and how it works
specifically<00:05:50.759><c> is</c><00:05:50.919><c> the</c><00:05:51.039><c> testers</c><00:05:51.720><c> have</c><00:05:51.880><c> been</c>

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specifically is the testers have been
 

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specifically is the testers have been
listening<00:05:52.400><c> to</c><00:05:52.520><c> the</c><00:05:52.680><c> global</c><00:05:53.039><c> topic</c><00:05:53.759><c> where</c><00:05:53.919><c> the</c>

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listening to the global topic where the
 

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listening to the global topic where the
inclusionist<00:05:54.680><c> have</c><00:05:54.800><c> been</c><00:05:55.000><c> propagated</c><00:05:56.000><c> and</c>

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inclusionist have been propagated and
 

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inclusionist have been propagated and
they<00:05:56.240><c> freeze</c><00:05:56.560><c> their</c><00:05:56.759><c> View</c><00:05:56.960><c> at</c><00:05:57.120><c> second</c><00:05:57.440><c> n</c><00:05:58.000><c> of</c>

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they freeze their View at second n of
 

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they freeze their View at second n of
the<00:05:58.240><c> inclusionist</c><00:05:58.800><c> that</c><00:05:58.880><c> they're</c><00:05:59.039><c> going</c><00:05:59.160><c> to</c>

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the inclusionist that they're going to
 

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the inclusionist that they're going to
enforce<00:05:59.639><c> first</c><00:06:00.560><c> uh</c><00:06:00.680><c> and</c><00:06:00.840><c> they</c><00:06:01.000><c> take</c><00:06:01.199><c> the</c><00:06:01.319><c> union</c>

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enforce first uh and they take the union
 

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enforce first uh and they take the union
of<00:06:01.759><c> all</c><00:06:01.960><c> transactions</c><00:06:02.479><c> that</c><00:06:02.600><c> they</c><00:06:02.759><c> had</c><00:06:02.880><c> seen</c>

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of all transactions that they had seen
 

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of all transactions that they had seen
in<00:06:03.280><c> these</c><00:06:03.479><c> inclusion</c><00:06:03.919><c> lists</c><00:06:04.479><c> and</c><00:06:04.600><c> check</c>

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in these inclusion lists and check
 

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in these inclusion lists and check
whether<00:06:05.520><c> any</c><00:06:05.680><c> of</c><00:06:05.840><c> these</c><00:06:06.000><c> transactions</c><00:06:06.520><c> was</c>

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whether any of these transactions was
 

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whether any of these transactions was
not<00:06:06.960><c> included</c><00:06:07.360><c> in</c><00:06:07.440><c> the</c><00:06:07.639><c> execution</c><00:06:08.080><c> payload</c>

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not included in the execution payload
 

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not included in the execution payload
that<00:06:09.400><c> that</c><00:06:09.560><c> they</c><00:06:09.919><c> received</c><00:06:10.280><c> so</c><00:06:10.440><c> they</c><00:06:10.560><c> checked</c>

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that that they received so they checked
 

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that that they received so they checked
whether<00:06:11.000><c> a</c><00:06:11.120><c> transaction</c><00:06:11.639><c> from</c><00:06:11.759><c> the</c><00:06:11.880><c> inclusion</c>

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whether a transaction from the inclusion
 

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whether a transaction from the inclusion
list<00:06:12.639><c> was</c><00:06:12.840><c> not</c><00:06:13.000><c> in</c><00:06:13.120><c> the</c><00:06:13.400><c> block</c><00:06:14.400><c> if</c><00:06:14.599><c> this</c><00:06:14.720><c> is</c><00:06:14.919><c> the</c>

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list was not in the block if this is the
 

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list was not in the block if this is the
case<00:06:15.400><c> they</c><00:06:15.599><c> check</c><00:06:15.800><c> if</c><00:06:15.919><c> the</c><00:06:16.000><c> block</c><00:06:16.240><c> is</c><00:06:16.360><c> full</c><00:06:16.720><c> or</c>

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case they check if the block is full or
 

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case they check if the block is full or
not<00:06:17.280><c> so</c><00:06:17.479><c> if</c><00:06:17.599><c> the</c><00:06:17.720><c> block</c><00:06:17.919><c> is</c><00:06:18.000><c> full</c><00:06:18.280><c> then</c>

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not so if the block is full then
 

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not so if the block is full then
obviously<00:06:18.800><c> you</c><00:06:18.919><c> can't</c><00:06:19.160><c> include</c><00:06:19.479><c> the</c>

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obviously you can't include the
 

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obviously you can't include the
transactions<00:06:20.160><c> anymore</c><00:06:20.720><c> so</c><00:06:21.720><c> um</c><00:06:22.199><c> if</c><00:06:22.400><c> if</c><00:06:22.520><c> the</c>

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transactions anymore so um if if the
 

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transactions anymore so um if if the
tester<00:06:23.080><c> is</c><00:06:23.240><c> happy</c><00:06:23.599><c> so</c><00:06:23.800><c> the</c><00:06:24.000><c> block</c><00:06:25.000><c> um</c><00:06:25.240><c> contains</c>

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tester is happy so the block um contains
 

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tester is happy so the block um contains
all<00:06:25.880><c> the</c><00:06:26.000><c> transactions</c><00:06:26.560><c> or</c><00:06:26.759><c> the</c><00:06:26.840><c> block</c><00:06:27.080><c> is</c>

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all the transactions or the block is
 

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all the transactions or the block is
full<00:06:28.199><c> and</c><00:06:28.319><c> then</c><00:06:28.440><c> the</c><00:06:28.560><c> attester</c><00:06:28.960><c> vote</c><00:06:29.199><c> for</c><00:06:29.280><c> the</c>

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full and then the attester vote for the
 

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full and then the attester vote for the
block

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block
 

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block
if<00:06:30.440><c> the</c><00:06:30.599><c> tester</c><00:06:30.960><c> is</c><00:06:31.120><c> unhappy</c><00:06:31.599><c> so</c><00:06:31.759><c> the</c>

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if the tester is unhappy so the
 

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if the tester is unhappy so the
inclusionist<00:06:33.039><c> U</c><00:06:33.240><c> has</c><00:06:33.400><c> more</c><00:06:33.599><c> transactions</c><00:06:34.240><c> and</c>

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inclusionist U has more transactions and
 

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inclusionist U has more transactions and
the<00:06:34.759><c> the</c><00:06:35.240><c> the</c><00:06:35.360><c> execution</c><00:06:35.720><c> payload</c><00:06:36.039><c> misses</c><00:06:36.280><c> a</c>

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the the the execution payload misses a
 

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the the the execution payload misses a
view<00:06:37.080><c> then</c><00:06:37.199><c> the</c><00:06:37.319><c> test</c><00:06:37.680><c> does</c><00:06:37.840><c> not</c><00:06:37.960><c> vote</c><00:06:38.160><c> for</c><00:06:38.319><c> the</c>

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view then the test does not vote for the
 

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view then the test does not vote for the
block<00:06:38.840><c> so</c><00:06:39.479><c> the</c><00:06:39.720><c> the</c><00:06:39.840><c> property</c><00:06:40.160><c> that</c><00:06:40.280><c> we're</c>

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block so the the property that we're
 

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block so the the property that we're
getting<00:06:40.680><c> at</c><00:06:40.960><c> here</c><00:06:41.160><c> is</c><00:06:41.639><c> if</c><00:06:41.840><c> the</c><00:06:41.960><c> block</c><00:06:42.199><c> producer</c>

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getting at here is if the block producer
 

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getting at here is if the block producer
does<00:06:42.759><c> not</c><00:06:42.960><c> adhere</c><00:06:43.280><c> to</c><00:06:43.400><c> the</c><00:06:43.479><c> inclusion</c><00:06:43.880><c> list</c>

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does not adhere to the inclusion list
 

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does not adhere to the inclusion list
its<00:06:44.280><c> block</c><00:06:44.520><c> will</c><00:06:44.639><c> not</c><00:06:44.800><c> become</c><00:06:45.080><c> canonical</c>

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its block will not become canonical
 

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its block will not become canonical
because<00:06:45.840><c> in</c><00:06:46.000><c> testers</c><00:06:46.400><c> enforce</c>

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because in testers enforce
 

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because in testers enforce
it<00:06:48.599><c> so</c><00:06:48.759><c> this</c><00:06:48.880><c> is</c><00:06:49.039><c> the</c><00:06:49.160><c> full</c><00:06:49.440><c> fil</c><00:06:49.840><c> mechanism</c><00:06:50.840><c> we</c>

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it so this is the full fil mechanism we
 

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it so this is the full fil mechanism we
have<00:06:51.120><c> 16</c><00:06:51.599><c> validators</c><00:06:52.199><c> randomly</c><00:06:52.599><c> chosen</c><00:06:53.360><c> that</c>

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have 16 validators randomly chosen that
 

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have 16 validators randomly chosen that
make<00:06:53.800><c> inclusion</c><00:06:54.199><c> list</c><00:06:54.599><c> they</c><00:06:54.759><c> propagate</c><00:06:55.280><c> them</c>

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make inclusion list they propagate them
 

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make inclusion list they propagate them
the<00:06:55.800><c> block</c><00:06:56.080><c> producer</c><00:06:56.599><c> receives</c><00:06:56.840><c> them</c><00:06:57.280><c> it</c>

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the block producer receives them it
 

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the block producer receives them it
includes<00:06:57.840><c> all</c><00:06:58.039><c> transactions</c><00:06:58.639><c> in</c><00:06:58.759><c> its</c><00:06:58.960><c> block</c>

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includes all transactions in its block
 

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includes all transactions in its block
and<00:07:00.000><c> the</c><00:07:00.160><c> testers</c><00:07:01.120><c> uh</c><00:07:01.319><c> then</c><00:07:01.479><c> enforced</c><00:07:01.960><c> that</c>

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and the testers uh then enforced that
 

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and the testers uh then enforced that
the<00:07:02.160><c> block</c><00:07:02.400><c> producer</c><00:07:02.800><c> did</c><00:07:02.960><c> in</c><00:07:03.120><c> fact</c><00:07:03.360><c> do</c>

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the block producer did in fact do
 

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the block producer did in fact do
this<00:07:05.840><c> so</c><00:07:06.000><c> the</c><00:07:06.120><c> core</c><00:07:06.560><c> property</c><00:07:07.560><c> that</c><00:07:07.680><c> we're</c>

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this so the core property that we're
 

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this so the core property that we're
trying<00:07:08.000><c> to</c><00:07:08.160><c> get</c><00:07:08.319><c> at</c><00:07:08.560><c> here</c><00:07:08.800><c> is</c><00:07:08.919><c> the</c><00:07:09.080><c> censorship</c>

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trying to get at here is the censorship
 

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trying to get at here is the censorship
resistance<00:07:10.000><c> property</c><00:07:11.000><c> uh</c><00:07:11.080><c> and</c><00:07:11.240><c> the</c><00:07:11.360><c> idea</c><00:07:11.599><c> is</c>

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resistance property uh and the idea is
 

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resistance property uh and the idea is
that<00:07:11.960><c> if</c><00:07:12.080><c> there's</c><00:07:12.280><c> only</c><00:07:12.520><c> one</c><00:07:12.759><c> honest</c>

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that if there's only one honest
 

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that if there's only one honest
inclusionist<00:07:13.759><c> Committee</c><00:07:14.080><c> Member</c><00:07:14.319><c> in</c><00:07:14.400><c> the</c>

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inclusionist Committee Member in the
 

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inclusionist Committee Member in the
committee<00:07:14.919><c> it</c><00:07:15.039><c> can</c><00:07:15.160><c> include</c><00:07:15.560><c> the</c>

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committee it can include the
 

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committee it can include the
transactions<00:07:16.199><c> that</c><00:07:16.280><c> are</c><00:07:16.479><c> most</c><00:07:16.720><c> likely</c><00:07:17.400><c> to</c><00:07:17.520><c> be</c>

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transactions that are most likely to be
 

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transactions that are most likely to be
censored<00:07:18.120><c> by</c><00:07:18.199><c> the</c><00:07:18.319><c> blood</c><00:07:18.560><c> producer</c><00:07:19.520><c> uh</c><00:07:19.680><c> and</c>

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censored by the blood producer uh and
 

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censored by the blood producer uh and
include<00:07:20.280><c> them</c><00:07:20.840><c> uh</c><00:07:20.919><c> in</c><00:07:21.039><c> its</c><00:07:21.240><c> inclusion</c><00:07:21.680><c> list</c>

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include them uh in its inclusion list
 

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include them uh in its inclusion list
meaning<00:07:22.120><c> that</c><00:07:22.240><c> the</c><00:07:22.319><c> blood</c><00:07:22.520><c> producer</c><00:07:22.840><c> has</c><00:07:22.960><c> to</c>

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meaning that the blood producer has to
 

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meaning that the blood producer has to
include<00:07:23.400><c> them</c><00:07:23.479><c> in</c><00:07:23.599><c> the</c><00:07:24.000><c> block</c><00:07:25.000><c> if</c><00:07:25.199><c> we</c><00:07:25.479><c> have</c><00:07:25.919><c> a</c>

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include them in the block if we have a
 

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include them in the block if we have a
network<00:07:26.360><c> observation</c><00:07:27.000><c> that</c><00:07:27.160><c> there</c><00:07:27.280><c> is</c><00:07:27.440><c> a</c>

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network observation that there is a
 

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network observation that there is a
conservative<00:07:28.360><c> estimate</c><00:07:28.720><c> of</c><00:07:28.879><c> 6%</c><00:07:29.360><c> of</c><00:07:29.599><c> solo</c>

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conservative estimate of 6% of solo
 

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conservative estimate of 6% of solo
stakers<00:07:30.840><c> then</c><00:07:31.000><c> there's</c><00:07:31.160><c> a</c><00:07:31.360><c> 63%</c><00:07:32.240><c> chance</c><00:07:32.599><c> that</c>

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stakers then there's a 63% chance that
 

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stakers then there's a 63% chance that
in<00:07:32.879><c> this</c><00:07:33.000><c> single</c><00:07:33.319><c> slot</c><00:07:33.639><c> there's</c><00:07:33.840><c> at</c><00:07:34.000><c> least</c><00:07:34.280><c> one</c>

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in this single slot there's at least one
 

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in this single slot there's at least one
inclusionist<00:07:35.280><c> Committee</c><00:07:35.560><c> Member</c><00:07:35.800><c> who's</c><00:07:35.919><c> a</c>

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inclusionist Committee Member who's a
 

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inclusionist Committee Member who's a
solo<00:07:36.319><c> Staker</c><00:07:37.080><c> but</c><00:07:37.240><c> again</c><00:07:37.520><c> inclusion</c><00:07:37.879><c> lists</c>

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solo Staker but again inclusion lists
 

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solo Staker but again inclusion lists
are<00:07:38.240><c> not</c><00:07:38.400><c> only</c><00:07:38.720><c> about</c><00:07:39.400><c> regulatory</c><00:07:39.960><c> censorship</c>

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are not only about regulatory censorship
 

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are not only about regulatory censorship
they're<00:07:40.720><c> very</c><00:07:40.879><c> much</c><00:07:41.120><c> about</c><00:07:41.360><c> economic</c>

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they're very much about economic
 

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they're very much about economic
censorship<00:07:42.840><c> there's</c><00:07:43.039><c> been</c><00:07:43.199><c> some</c>

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censorship there's been some
 

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censorship there's been some
observations<00:07:44.039><c> of</c><00:07:44.199><c> Builders</c><00:07:44.599><c> strategically</c>

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observations of Builders strategically
 

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observations of Builders strategically
underfilling<00:07:45.759><c> their</c><00:07:45.879><c> blocks</c><00:07:46.319><c> perhaps</c>

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underfilling their blocks perhaps
 

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underfilling their blocks perhaps
because<00:07:46.840><c> they</c><00:07:46.960><c> want</c><00:07:47.159><c> them</c><00:07:47.280><c> to</c><00:07:47.440><c> be</c><00:07:47.720><c> lighter</c><00:07:48.720><c> uh</c>

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because they want them to be lighter uh
 

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because they want them to be lighter uh
in<00:07:49.000><c> terms</c><00:07:49.240><c> of</c><00:07:49.479><c> the</c><00:07:49.639><c> the</c><00:07:49.720><c> bandwidth</c><00:07:50.159><c> that</c><00:07:50.280><c> they</c>

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in terms of the the bandwidth that they
 

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in terms of the the bandwidth that they
consume<00:07:52.080><c> uh</c><00:07:52.199><c> or</c><00:07:52.599><c> maybe</c><00:07:52.919><c> perhaps</c><00:07:53.240><c> because</c><00:07:53.400><c> they</c>

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consume uh or maybe perhaps because they
 

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consume uh or maybe perhaps because they
play<00:07:54.440><c> some</c><00:07:54.720><c> games</c><00:07:55.080><c> or</c><00:07:55.240><c> they</c><00:07:55.360><c> simply</c><00:07:55.639><c> haven't</c>

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play some games or they simply haven't
 

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play some games or they simply haven't
seen<00:07:56.120><c> some</c><00:07:56.319><c> transactions</c><00:07:56.840><c> so</c><00:07:56.960><c> inclusion</c>

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seen some transactions so inclusion
 

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seen some transactions so inclusion
lists<00:07:57.560><c> are</c><00:07:57.759><c> here</c><00:07:57.919><c> for</c><00:07:58.120><c> all</c><00:07:58.280><c> of</c><00:07:58.440><c> those</c><00:07:58.560><c> sorts</c><00:07:58.800><c> of</c>

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lists are here for all of those sorts of
 

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lists are here for all of those sorts of
transactions

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transactions
 

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transactions
the<00:08:00.240><c> idea</c><00:08:00.520><c> is</c><00:08:00.599><c> that</c><00:08:00.720><c> we're</c><00:08:00.919><c> boosting</c><00:08:01.319><c> the</c>

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the idea is that we're boosting the
 

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the idea is that we're boosting the
signal<00:08:01.840><c> that</c><00:08:01.960><c> solar</c><00:08:02.280><c> stakers</c><00:08:02.840><c> provide</c><00:08:03.840><c> uh</c>

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signal that solar stakers provide uh
 

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signal that solar stakers provide uh
while<00:08:04.280><c> not</c><00:08:04.479><c> relying</c><00:08:05.039><c> on</c><00:08:05.240><c> economic</c><00:08:05.680><c> incentives</c>

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while not relying on economic incentives
 

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while not relying on economic incentives
here<00:08:06.400><c> because</c><00:08:06.599><c> they</c><00:08:06.759><c> complicate</c><00:08:07.159><c> the</c>

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here because they complicate the
 

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here because they complicate the
mechanism<00:08:08.120><c> and</c><00:08:08.240><c> it</c><00:08:08.360><c> adds</c><00:08:08.560><c> a</c><00:08:08.639><c> lot</c><00:08:08.759><c> of</c><00:08:08.879><c> protocol</c>

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mechanism and it adds a lot of protocol
 

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mechanism and it adds a lot of protocol
complexity<00:08:11.879><c> so</c><00:08:12.039><c> now</c><00:08:12.199><c> I'll</c><00:08:12.400><c> go</c><00:08:12.520><c> on</c><00:08:12.759><c> to</c><00:08:13.159><c> show</c><00:08:13.560><c> how</c>

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complexity so now I'll go on to show how
 

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complexity so now I'll go on to show how
fossils<00:08:14.199><c> designed</c><00:08:14.479><c> to</c><00:08:14.599><c> be</c><00:08:14.720><c> as</c><00:08:14.879><c> robust</c><00:08:15.240><c> as</c>

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fossils designed to be as robust as
 

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fossils designed to be as robust as
possible<00:08:16.159><c> and</c><00:08:16.280><c> robustness</c><00:08:16.800><c> here</c><00:08:16.960><c> refers</c><00:08:17.280><c> to</c>

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possible and robustness here refers to
 

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possible and robustness here refers to
robustness<00:08:18.039><c> against</c><00:08:18.879><c> consensus</c><00:08:19.520><c> types</c><00:08:19.759><c> of</c>

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robustness against consensus types of
 

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robustness against consensus types of
attacks<00:08:20.360><c> like</c><00:08:20.599><c> the</c><00:08:21.479><c> um</c><00:08:21.680><c> split</c><00:08:22.000><c> view</c><00:08:22.280><c> attack</c>

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attacks like the um split view attack
 

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attacks like the um split view attack
and<00:08:22.919><c> equivocation</c><00:08:23.919><c> and</c><00:08:24.039><c> it</c><00:08:24.199><c> also</c><00:08:24.400><c> refers</c><00:08:24.720><c> to</c>

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and equivocation and it also refers to
 

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and equivocation and it also refers to
execution<00:08:25.440><c> layer</c><00:08:25.879><c> types</c><00:08:26.120><c> of</c><00:08:26.280><c> attacks</c><00:08:26.720><c> so</c>

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execution layer types of attacks so
 

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execution layer types of attacks so
people<00:08:28.159><c> using</c><00:08:28.479><c> fossil</c><00:08:28.879><c> for</c><00:08:29.039><c> other</c><00:08:29.199><c> reason</c>

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people using fossil for other reason
 

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people using fossil for other reason
forens<00:08:30.080><c> of</c><00:08:30.240><c> resistance</c><00:08:30.759><c> but</c><00:08:30.919><c> for</c><00:08:31.080><c> example</c><00:08:31.400><c> as</c>

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forens of resistance but for example as
 

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forens of resistance but for example as
a<00:08:31.720><c> vehicle</c><00:08:32.080><c> to</c><00:08:32.240><c> extract</c><00:08:32.719><c> maximum</c>

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a vehicle to extract maximum
 

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a vehicle to extract maximum
distractable<00:08:33.599><c> value</c>

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distractable value
 

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distractable value
me<00:08:35.719><c> so</c><00:08:35.919><c> first</c><00:08:36.080><c> the</c><00:08:36.240><c> consensus</c><00:08:36.640><c> layer</c><00:08:37.240><c> attacks</c>

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me so first the consensus layer attacks
 

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me so first the consensus layer attacks
um<00:08:38.360><c> we've</c><00:08:38.519><c> talked</c><00:08:38.719><c> a</c><00:08:38.800><c> little</c><00:08:39.039><c> bit</c><00:08:39.200><c> about</c><00:08:39.320><c> the</c>

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um we've talked a little bit about the
 

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um we've talked a little bit about the
split<00:08:39.719><c> view</c><00:08:40.159><c> but</c><00:08:40.360><c> there</c><00:08:40.479><c> in</c><00:08:40.640><c> fact</c><00:08:40.880><c> there</c><00:08:41.000><c> are</c>

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split view but there in fact there are
 

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split view but there in fact there are
two<00:08:41.360><c> split</c><00:08:41.640><c> view</c><00:08:41.800><c> attacks</c><00:08:42.120><c> to</c><00:08:42.279><c> consider</c><00:08:43.080><c> first</c>

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two split view attacks to consider first
 

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two split view attacks to consider first
of<00:08:43.440><c> all</c><00:08:44.240><c> um</c><00:08:44.480><c> there's</c><00:08:44.680><c> the</c><00:08:44.839><c> split</c><00:08:45.080><c> view</c><00:08:45.279><c> that</c>

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of all um there's the split view that
 

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of all um there's the split view that
inclusionist<00:08:46.080><c> committee</c><00:08:46.360><c> members</c><00:08:46.720><c> ensure</c>

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inclusionist committee members ensure
 

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inclusionist committee members ensure
that<00:08:47.800><c> the</c><00:08:48.279><c> block</c><00:08:48.560><c> producer</c><00:08:48.959><c> would</c><00:08:49.120><c> have</c><00:08:49.240><c> a</c>

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that the block producer would have a
 

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that the block producer would have a
worse<00:08:49.760><c> view</c><00:08:50.399><c> of</c><00:08:50.720><c> the</c><00:08:50.880><c> available</c><00:08:51.240><c> inclusion</c>

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worse view of the available inclusion
 

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worse view of the available inclusion
list<00:08:51.800><c> than</c><00:08:51.920><c> the</c><00:08:52.080><c> testers</c><00:08:52.680><c> and</c><00:08:52.839><c> this</c><00:08:52.920><c> is</c><00:08:53.160><c> bad</c>

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list than the testers and this is bad
 

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list than the testers and this is bad
because<00:08:54.000><c> then</c><00:08:54.120><c> the</c><00:08:54.240><c> block</c><00:08:54.480><c> producer</c><00:08:54.800><c> can't</c>

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because then the block producer can't
 

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because then the block producer can't
produce<00:08:55.240><c> a</c><00:08:55.360><c> block</c><00:08:55.640><c> that</c><00:08:55.760><c> becomes</c><00:08:56.040><c> chical</c><00:08:57.040><c> so</c>

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produce a block that becomes chical so
 

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produce a block that becomes chical so
we<00:08:57.560><c> prevent</c><00:08:57.920><c> this</c><00:08:58.160><c> by</c><00:08:58.320><c> giving</c><00:08:58.680><c> the</c><00:08:58.800><c> block</c>

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we prevent this by giving the block
 

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we prevent this by giving the block
producer<00:08:59.560><c> three</c><00:08:59.720><c> extra</c><00:09:00.160><c> seconds</c><00:09:00.959><c> u</c><00:09:01.120><c> in</c><00:09:01.240><c> which</c>

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producer three extra seconds u in which
 

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producer three extra seconds u in which
the<00:09:01.519><c> testers</c><00:09:01.880><c> have</c><00:09:01.959><c> a</c><00:09:02.040><c> really</c><00:09:02.279><c> Frozen</c><00:09:02.600><c> their</c>

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the testers have a really Frozen their
 

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the testers have a really Frozen their
view<00:09:04.200><c> then</c><00:09:04.360><c> secondly</c><00:09:04.800><c> there's</c><00:09:05.000><c> a</c><00:09:05.120><c> split</c><00:09:05.399><c> view</c>

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view then secondly there's a split view
 

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view then secondly there's a split view
attack<00:09:06.279><c> uh</c><00:09:06.360><c> that's</c><00:09:06.560><c> related</c><00:09:06.880><c> to</c><00:09:07.079><c> I</c>

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attack uh that's related to I
 

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attack uh that's related to I
equivocation<00:09:08.440><c> so</c><00:09:08.600><c> you</c><00:09:08.760><c> could</c><00:09:09.160><c> imagine</c><00:09:09.680><c> a</c>

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equivocation so you could imagine a
 

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equivocation so you could imagine a
Committee<00:09:10.160><c> Member</c><00:09:10.480><c> signing</c><00:09:10.839><c> two</c><00:09:11.079><c> inclusion</c>

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Committee Member signing two inclusion
 

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Committee Member signing two inclusion
lists<00:09:12.079><c> and</c><00:09:12.200><c> sending</c><00:09:12.600><c> one</c><00:09:12.720><c> to</c><00:09:12.839><c> the</c><00:09:12.959><c> block</c>

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lists and sending one to the block
 

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lists and sending one to the block
producer<00:09:13.720><c> and</c><00:09:13.839><c> one</c><00:09:14.000><c> to</c><00:09:14.200><c> the</c><00:09:14.360><c> tester</c><00:09:14.760><c> set</c><00:09:15.079><c> if</c><00:09:15.200><c> it</c>

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producer and one to the tester set if it
 

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producer and one to the tester set if it
would<00:09:15.920><c> have</c><00:09:16.120><c> control</c><00:09:16.480><c> over</c><00:09:16.800><c> that</c><00:09:17.800><c> um</c><00:09:18.000><c> and</c><00:09:18.120><c> how</c>

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would have control over that um and how
 

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would have control over that um and how
we<00:09:18.519><c> prevent</c><00:09:18.880><c> any</c><00:09:19.079><c> bad</c><00:09:19.320><c> things</c><00:09:19.600><c> from</c><00:09:19.800><c> happening</c>

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we prevent any bad things from happening
 

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we prevent any bad things from happening
here<00:09:20.399><c> is</c><00:09:20.519><c> we</c><00:09:20.640><c> say</c><00:09:20.800><c> it</c><00:09:20.959><c> as</c><00:09:21.360><c> if</c><00:09:22.360><c> um</c><00:09:22.560><c> there</c><00:09:22.680><c> are</c><00:09:22.880><c> two</c>

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here is we say it as if um there are two
 

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here is we say it as if um there are two
inclusion<00:09:23.600><c> list</c><00:09:23.920><c> so</c><00:09:24.079><c> if</c><00:09:24.200><c> an</c><00:09:24.360><c> attestor</c><00:09:24.920><c> blood</c>

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inclusion list so if an attestor blood
 

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inclusion list so if an attestor blood
producer<00:09:25.800><c> receives</c><00:09:26.000><c> two</c><00:09:26.160><c> inclusion</c><00:09:26.560><c> lists</c>

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producer receives two inclusion lists
 

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producer receives two inclusion lists
from<00:09:26.920><c> the</c><00:09:27.040><c> same</c><00:09:27.279><c> Committee</c><00:09:27.680><c> Member</c><00:09:28.640><c> then</c><00:09:28.959><c> they</c>

00:09:29.110 --> 00:09:29.120 align:start position:0%
from the same Committee Member then they
 

00:09:29.120 --> 00:09:30.790 align:start position:0%
from the same Committee Member then they
do<00:09:29.480><c> not</c><00:09:29.800><c> impact</c><00:09:30.200><c> how</c><00:09:30.320><c> the</c><00:09:30.440><c> block</c><00:09:30.640><c> is</c>

00:09:30.790 --> 00:09:30.800 align:start position:0%
do not impact how the block is
 

00:09:30.800 --> 00:09:33.470 align:start position:0%
do not impact how the block is
constrained<00:09:31.320><c> at</c><00:09:31.600><c> all</c><00:09:32.600><c> um</c><00:09:32.760><c> so</c><00:09:32.920><c> what</c><00:09:33.040><c> this</c><00:09:33.200><c> means</c>

00:09:33.470 --> 00:09:33.480 align:start position:0%
constrained at all um so what this means
 

00:09:33.480 --> 00:09:35.269 align:start position:0%
constrained at all um so what this means
is<00:09:33.640><c> that</c><00:09:33.800><c> if</c><00:09:33.880><c> a</c><00:09:34.040><c> block</c><00:09:34.279><c> producer</c><00:09:34.959><c> receives</c><00:09:35.120><c> two</c>

00:09:35.269 --> 00:09:35.279 align:start position:0%
is that if a block producer receives two
 

00:09:35.279 --> 00:09:37.389 align:start position:0%
is that if a block producer receives two
inclusion<00:09:35.680><c> lists</c><00:09:36.000><c> doesn't</c><00:09:36.279><c> know</c><00:09:36.640><c> how</c><00:09:36.760><c> to</c><00:09:37.000><c> act</c>

00:09:37.389 --> 00:09:37.399 align:start position:0%
inclusion lists doesn't know how to act
 

00:09:37.399 --> 00:09:39.230 align:start position:0%
inclusion lists doesn't know how to act
now<00:09:37.600><c> it</c><00:09:37.720><c> knows</c><00:09:38.160><c> okay</c><00:09:38.399><c> I</c><00:09:38.519><c> I</c><00:09:38.600><c> do</c><00:09:38.760><c> not</c><00:09:38.920><c> have</c><00:09:39.040><c> to</c>

00:09:39.230 --> 00:09:39.240 align:start position:0%
now it knows okay I I do not have to
 

00:09:39.240 --> 00:09:41.069 align:start position:0%
now it knows okay I I do not have to
adhere<00:09:39.600><c> to</c><00:09:39.839><c> this</c><00:09:40.200><c> this</c><00:09:40.279><c> is</c><00:09:40.399><c> a</c><00:09:40.519><c> weird</c><00:09:40.800><c> case</c><00:09:41.000><c> it</c>

00:09:41.069 --> 00:09:41.079 align:start position:0%
adhere to this this is a weird case it
 

00:09:41.079 --> 00:09:42.910 align:start position:0%
adhere to this this is a weird case it
should<00:09:41.240><c> not</c><00:09:41.399><c> be</c><00:09:41.519><c> happening</c><00:09:42.279><c> and</c><00:09:42.399><c> the</c><00:09:42.560><c> testers</c>

00:09:42.910 --> 00:09:42.920 align:start position:0%
should not be happening and the testers
 

00:09:42.920 --> 00:09:44.590 align:start position:0%
should not be happening and the testers
also<00:09:43.120><c> know</c><00:09:43.399><c> this</c><00:09:43.720><c> so</c><00:09:43.880><c> they</c><00:09:44.000><c> don't</c><00:09:44.200><c> enforce</c>

00:09:44.590 --> 00:09:44.600 align:start position:0%
also know this so they don't enforce
 

00:09:44.600 --> 00:09:46.269 align:start position:0%
also know this so they don't enforce
inclusionist<00:09:45.120><c> where</c><00:09:45.240><c> there</c><00:09:45.360><c> are</c><00:09:45.480><c> two</c><00:09:46.120><c> a</c>

00:09:46.269 --> 00:09:46.279 align:start position:0%
inclusionist where there are two a
 

00:09:46.279 --> 00:09:48.030 align:start position:0%
inclusionist where there are two a
testers<00:09:46.640><c> have</c><00:09:46.800><c> 4</c><00:09:47.079><c> seconds</c><00:09:47.480><c> after</c><00:09:47.680><c> the</c><00:09:47.800><c> block</c>

00:09:48.030 --> 00:09:48.040 align:start position:0%
testers have 4 seconds after the block
 

00:09:48.040 --> 00:09:49.790 align:start position:0%
testers have 4 seconds after the block
is<00:09:48.200><c> produced</c><00:09:48.560><c> to</c><00:09:48.760><c> receive</c><00:09:49.120><c> these</c><00:09:49.399><c> inclusion</c>

00:09:49.790 --> 00:09:49.800 align:start position:0%
is produced to receive these inclusion
 

00:09:49.800 --> 00:09:52.110 align:start position:0%
is produced to receive these inclusion
list<00:09:50.320><c> so</c><00:09:50.560><c> here</c><00:09:50.760><c> again</c><00:09:51.000><c> we</c><00:09:51.600><c> uh</c><00:09:51.720><c> prevent</c><00:09:52.000><c> the</c>

00:09:52.110 --> 00:09:52.120 align:start position:0%
list so here again we uh prevent the
 

00:09:52.120 --> 00:09:54.190 align:start position:0%
list so here again we uh prevent the
split<00:09:52.399><c> view</c><00:09:53.360><c> not</c><00:09:53.560><c> enforcing</c><00:09:54.040><c> any</c>

00:09:54.190 --> 00:09:54.200 align:start position:0%
split view not enforcing any
 

00:09:54.200 --> 00:09:56.750 align:start position:0%
split view not enforcing any
inclusionist<00:09:54.880><c> when</c><00:09:55.000><c> two</c><00:09:55.200><c> are</c><00:09:55.360><c> sent</c><00:09:56.160><c> uh</c><00:09:56.279><c> is</c><00:09:56.360><c> a</c>

00:09:56.750 --> 00:09:56.760 align:start position:0%
inclusionist when two are sent uh is a
 

00:09:56.760 --> 00:09:59.030 align:start position:0%
inclusionist when two are sent uh is a
deliberate<00:09:57.240><c> decision</c><00:09:57.839><c> because</c><00:09:58.760><c> um</c><00:09:58.880><c> this</c>

00:09:59.030 --> 00:09:59.040 align:start position:0%
deliberate decision because um this
 

00:09:59.040 --> 00:10:01.350 align:start position:0%
deliberate decision because um this
should<00:09:59.640><c> happen</c><00:10:00.240><c> either</c><00:10:00.600><c> if</c><00:10:00.839><c> the</c><00:10:01.000><c> node</c><00:10:01.200><c> is</c>

00:10:01.350 --> 00:10:01.360 align:start position:0%
should happen either if the node is
 

00:10:01.360 --> 00:10:03.630 align:start position:0%
should happen either if the node is
configured<00:10:02.079><c> incorrectly</c><00:10:02.920><c> or</c><00:10:03.120><c> if</c><00:10:03.279><c> it's</c><00:10:03.440><c> an</c>

00:10:03.630 --> 00:10:03.640 align:start position:0%
configured incorrectly or if it's an
 

00:10:03.640 --> 00:10:06.470 align:start position:0%
configured incorrectly or if it's an
attack<00:10:04.480><c> and</c><00:10:05.279><c> um</c><00:10:05.480><c> realistically</c><00:10:06.040><c> it</c><00:10:06.200><c> has</c><00:10:06.360><c> the</c>

00:10:06.470 --> 00:10:06.480 align:start position:0%
attack and um realistically it has the
 

00:10:06.480 --> 00:10:08.230 align:start position:0%
attack and um realistically it has the
same<00:10:06.720><c> impacts</c><00:10:07.120><c> as</c><00:10:07.399><c> someone</c><00:10:07.640><c> sending</c><00:10:08.000><c> no</c>

00:10:08.230 --> 00:10:08.240 align:start position:0%
same impacts as someone sending no
 

00:10:08.240 --> 00:10:09.829 align:start position:0%
same impacts as someone sending no
inclusion<00:10:08.680><c> list</c><00:10:08.959><c> so</c><00:10:09.279><c> if</c><00:10:09.360><c> you</c><00:10:09.440><c> said</c><00:10:09.680><c> no</c>

00:10:09.829 --> 00:10:09.839 align:start position:0%
inclusion list so if you said no
 

00:10:09.839 --> 00:10:11.670 align:start position:0%
inclusion list so if you said no
inclusion<00:10:10.279><c> list</c><00:10:10.519><c> no</c><00:10:10.680><c> inclusion</c><00:10:11.079><c> is</c><00:10:11.240><c> enforced</c>

00:10:11.670 --> 00:10:11.680 align:start position:0%
inclusion list no inclusion is enforced
 

00:10:11.680 --> 00:10:14.110 align:start position:0%
inclusion list no inclusion is enforced
if<00:10:11.760><c> you</c><00:10:11.839><c> send</c><00:10:12.120><c> two</c><00:10:12.440><c> also</c><00:10:12.720><c> no</c><00:10:13.040><c> is</c><00:10:13.200><c> enforced</c><00:10:14.000><c> and</c>

00:10:14.110 --> 00:10:14.120 align:start position:0%
if you send two also no is enforced and
 

00:10:14.120 --> 00:10:15.470 align:start position:0%
if you send two also no is enforced and
the<00:10:14.240><c> other</c><00:10:14.440><c> inclusion</c><00:10:14.839><c> list</c><00:10:15.040><c> from</c><00:10:15.160><c> the</c><00:10:15.240><c> other</c>

00:10:15.470 --> 00:10:15.480 align:start position:0%
the other inclusion list from the other
 

00:10:15.480 --> 00:10:18.030 align:start position:0%
the other inclusion list from the other
committee<00:10:15.839><c> members</c><00:10:16.200><c> are</c><00:10:16.399><c> still</c><00:10:16.640><c> enforced</c><00:10:17.079><c> of</c>

00:10:18.030 --> 00:10:18.040 align:start position:0%
committee members are still enforced of
 

00:10:18.040 --> 00:10:20.230 align:start position:0%
committee members are still enforced of
course<00:10:19.040><c> so</c><00:10:19.240><c> then</c><00:10:19.360><c> there's</c><00:10:19.600><c> transaction</c><00:10:20.040><c> inv</c>

00:10:20.230 --> 00:10:20.240 align:start position:0%
course so then there's transaction inv
 

00:10:20.240 --> 00:10:22.230 align:start position:0%
course so then there's transaction inv
validation<00:10:21.160><c> so</c><00:10:21.560><c> transactions</c><00:10:22.000><c> in</c><00:10:22.120><c> the</c>

00:10:22.230 --> 00:10:22.240 align:start position:0%
validation so transactions in the
 

00:10:22.240 --> 00:10:24.110 align:start position:0%
validation so transactions in the
inclusion<00:10:22.680><c> list</c><00:10:22.920><c> may</c><00:10:23.079><c> be</c><00:10:23.360><c> invalid</c><00:10:23.920><c> at</c><00:10:24.000><c> the</c>

00:10:24.110 --> 00:10:24.120 align:start position:0%
inclusion list may be invalid at the
 

00:10:24.120 --> 00:10:25.389 align:start position:0%
inclusion list may be invalid at the
time<00:10:24.320><c> that</c><00:10:24.440><c> the</c><00:10:24.519><c> inclusionist</c><00:10:25.079><c> Committee</c>

00:10:25.389 --> 00:10:25.399 align:start position:0%
time that the inclusionist Committee
 

00:10:25.399 --> 00:10:27.670 align:start position:0%
time that the inclusionist Committee
Member<00:10:25.920><c> propagated</c><00:10:26.560><c> them</c><00:10:26.920><c> towards</c><00:10:27.440><c> that</c><00:10:27.560><c> the</c>

00:10:27.670 --> 00:10:27.680 align:start position:0%
Member propagated them towards that the
 

00:10:27.680 --> 00:10:29.310 align:start position:0%
Member propagated them towards that the
block<00:10:27.920><c> producer</c><00:10:28.240><c> must</c><00:10:28.399><c> include</c><00:10:28.760><c> them</c><00:10:29.160><c> there</c>

00:10:29.310 --> 00:10:29.320 align:start position:0%
block producer must include them there
 

00:10:29.320 --> 00:10:30.710 align:start position:0%
block producer must include them there
there<00:10:29.360><c> are</c><00:10:29.480><c> two</c><00:10:29.640><c> reasons</c><00:10:29.959><c> for</c><00:10:30.160><c> this</c>

00:10:30.710 --> 00:10:30.720 align:start position:0%
there are two reasons for this
 

00:10:30.720 --> 00:10:32.030 align:start position:0%
there are two reasons for this
potentially<00:10:31.120><c> the</c><00:10:31.240><c> inclusionist</c><00:10:31.760><c> Committee</c>

00:10:32.030 --> 00:10:32.040 align:start position:0%
potentially the inclusionist Committee
 

00:10:32.040 --> 00:10:33.550 align:start position:0%
potentially the inclusionist Committee
Member<00:10:32.320><c> doesn't</c><00:10:32.600><c> know</c><00:10:32.920><c> the</c><00:10:33.120><c> right</c><00:10:33.320><c> head</c><00:10:33.480><c> of</c>

00:10:33.550 --> 00:10:33.560 align:start position:0%
Member doesn't know the right head of
 

00:10:33.560 --> 00:10:34.949 align:start position:0%
Member doesn't know the right head of
the<00:10:33.640><c> chain</c><00:10:33.880><c> so</c><00:10:34.000><c> it's</c><00:10:34.120><c> building</c><00:10:34.399><c> on</c><00:10:34.560><c> some</c><00:10:34.720><c> other</c>

00:10:34.949 --> 00:10:34.959 align:start position:0%
the chain so it's building on some other
 

00:10:34.959 --> 00:10:36.870 align:start position:0%
the chain so it's building on some other
head<00:10:35.760><c> uh</c><00:10:35.880><c> and</c><00:10:36.000><c> the</c><00:10:36.120><c> second</c><00:10:36.399><c> reason</c><00:10:36.639><c> is</c><00:10:36.760><c> that</c>

00:10:36.870 --> 00:10:36.880 align:start position:0%
head uh and the second reason is that
 

00:10:36.880 --> 00:10:38.110 align:start position:0%
head uh and the second reason is that
the<00:10:36.959><c> block</c><00:10:37.200><c> producer</c><00:10:37.560><c> could</c><00:10:37.760><c> include</c>

00:10:38.110 --> 00:10:38.120 align:start position:0%
the block producer could include
 

00:10:38.120 --> 00:10:40.230 align:start position:0%
the block producer could include
transactions<00:10:38.800><c> before</c><00:10:39.600><c> the</c><00:10:39.800><c> transactions</c>

00:10:40.230 --> 00:10:40.240 align:start position:0%
transactions before the transactions
 

00:10:40.240 --> 00:10:42.829 align:start position:0%
transactions before the transactions
from<00:10:40.399><c> the</c><00:10:40.480><c> inclusion</c><00:10:40.959><c> list</c><00:10:41.680><c> so</c><00:10:42.240><c> the</c><00:10:42.720><c> the</c>

00:10:42.829 --> 00:10:42.839 align:start position:0%
from the inclusion list so the the
 

00:10:42.839 --> 00:10:44.150 align:start position:0%
from the inclusion list so the the
inclusive<00:10:43.320><c> Committee</c><00:10:43.600><c> Member</c><00:10:43.880><c> cannot</c>

00:10:44.150 --> 00:10:44.160 align:start position:0%
inclusive Committee Member cannot
 

00:10:44.160 --> 00:10:45.509 align:start position:0%
inclusive Committee Member cannot
possibly<00:10:44.480><c> know</c><00:10:44.680><c> what</c><00:10:44.839><c> the</c><00:10:44.920><c> block</c><00:10:45.079><c> producer</c><00:10:45.440><c> is</c>

00:10:45.509 --> 00:10:45.519 align:start position:0%
possibly know what the block producer is
 

00:10:45.519 --> 00:10:47.509 align:start position:0%
possibly know what the block producer is
going<00:10:45.639><c> to</c><00:10:45.760><c> do</c><00:10:46.000><c> since</c><00:10:46.160><c> it</c><00:10:46.279><c> acts</c><00:10:46.600><c> before</c><00:10:47.200><c> so</c>

00:10:47.509 --> 00:10:47.519 align:start position:0%
going to do since it acts before so
 

00:10:47.519 --> 00:10:50.110 align:start position:0%
going to do since it acts before so
transactions<00:10:47.959><c> could</c><00:10:48.160><c> be</c><00:10:48.600><c> invalid</c><00:10:49.600><c> to</c><00:10:49.800><c> prevent</c>

00:10:50.110 --> 00:10:50.120 align:start position:0%
transactions could be invalid to prevent
 

00:10:50.120 --> 00:10:52.509 align:start position:0%
transactions could be invalid to prevent
free<00:10:50.440><c> data</c><00:10:50.720><c> availability</c><00:10:51.680><c> which</c><00:10:51.800><c> is</c><00:10:52.079><c> a</c><00:10:52.360><c> a</c>

00:10:52.509 --> 00:10:52.519 align:start position:0%
free data availability which is a a
 

00:10:52.519 --> 00:10:54.350 align:start position:0%
free data availability which is a a
problem<00:10:52.839><c> that</c><00:10:53.000><c> arose</c><00:10:53.360><c> with</c><00:10:53.480><c> a</c><00:10:53.680><c> previous</c><00:10:54.279><c> uh</c>

00:10:54.350 --> 00:10:54.360 align:start position:0%
problem that arose with a previous uh
 

00:10:54.360 --> 00:10:56.629 align:start position:0%
problem that arose with a previous uh
inclusionist<00:10:54.920><c> EIP</c><00:10:55.920><c> uh</c><00:10:56.040><c> a</c><00:10:56.160><c> tester's</c><00:10:56.480><c> only</c>

00:10:56.629 --> 00:10:56.639 align:start position:0%
inclusionist EIP uh a tester's only
 

00:10:56.639 --> 00:10:57.870 align:start position:0%
inclusionist EIP uh a tester's only
check<00:10:56.880><c> where</c><00:10:57.079><c> a</c><00:10:57.200><c> transaction</c><00:10:57.639><c> could</c><00:10:57.760><c> have</c>

00:10:57.870 --> 00:10:57.880 align:start position:0%
check where a transaction could have
 

00:10:57.880 --> 00:10:59.870 align:start position:0%
check where a transaction could have
been<00:10:58.079><c> validly</c><00:10:58.519><c> appended</c><00:10:59.000><c> to</c><00:10:59.320><c> the</c><00:10:59.440><c> execution</c>

00:10:59.870 --> 00:10:59.880 align:start position:0%
been validly appended to the execution
 

00:10:59.880 --> 00:11:01.990 align:start position:0%
been validly appended to the execution
payload<00:11:00.600><c> so</c><00:11:00.760><c> if</c><00:11:00.839><c> a</c><00:11:01.000><c> transaction</c><00:11:01.399><c> is</c><00:11:01.519><c> invalid</c>

00:11:01.990 --> 00:11:02.000 align:start position:0%
payload so if a transaction is invalid
 

00:11:02.000 --> 00:11:03.389 align:start position:0%
payload so if a transaction is invalid
then<00:11:02.160><c> clearly</c><00:11:02.440><c> it</c><00:11:02.560><c> cannot</c><00:11:02.839><c> be</c><00:11:03.000><c> validly</c>

00:11:03.389 --> 00:11:03.399 align:start position:0%
then clearly it cannot be validly
 

00:11:03.399 --> 00:11:05.389 align:start position:0%
then clearly it cannot be validly
appended<00:11:04.079><c> similar</c><00:11:04.399><c> to</c><00:11:04.600><c> how</c><00:11:04.800><c> if</c><00:11:04.920><c> a</c><00:11:05.079><c> block</c><00:11:05.279><c> is</c>

00:11:05.389 --> 00:11:05.399 align:start position:0%
appended similar to how if a block is
 

00:11:05.399 --> 00:11:06.990 align:start position:0%
appended similar to how if a block is
full<00:11:05.720><c> a</c><00:11:05.839><c> transaction</c><00:11:06.240><c> cannot</c><00:11:06.519><c> be</c><00:11:06.639><c> validly</c>

00:11:06.990 --> 00:11:07.000 align:start position:0%
full a transaction cannot be validly
 

00:11:07.000 --> 00:11:09.150 align:start position:0%
full a transaction cannot be validly
appended<00:11:07.519><c> because</c><00:11:07.680><c> it</c><00:11:08.600><c> because</c><00:11:08.839><c> it</c><00:11:08.959><c> would</c>

00:11:09.150 --> 00:11:09.160 align:start position:0%
appended because it because it would
 

00:11:09.160 --> 00:11:12.310 align:start position:0%
appended because it because it would
raise<00:11:09.399><c> the</c><00:11:09.560><c> gas</c><00:11:09.800><c> limit</c><00:11:10.160><c> over</c><00:11:10.519><c> the</c><00:11:11.160><c> maximum</c><00:11:12.160><c> uh</c>

00:11:12.310 --> 00:11:12.320 align:start position:0%
raise the gas limit over the maximum uh
 

00:11:12.320 --> 00:11:13.910 align:start position:0%
raise the gas limit over the maximum uh
and<00:11:12.480><c> inclusion</c><00:11:12.880><c> lists</c><00:11:13.079><c> are</c><00:11:13.200><c> never</c><00:11:13.399><c> written</c><00:11:13.680><c> on</c>

00:11:13.910 --> 00:11:13.920 align:start position:0%
and inclusion lists are never written on
 

00:11:13.920 --> 00:11:16.790 align:start position:0%
and inclusion lists are never written on
chain<00:11:14.920><c> um</c><00:11:15.279><c> it's</c><00:11:15.440><c> only</c><00:11:15.760><c> the</c><00:11:16.000><c> execution</c><00:11:16.480><c> payload</c>

00:11:16.790 --> 00:11:16.800 align:start position:0%
chain um it's only the execution payload
 

00:11:16.800 --> 00:11:17.829 align:start position:0%
chain um it's only the execution payload
that's<00:11:16.920><c> written</c><00:11:17.200><c> on</c><00:11:17.320><c> change</c><00:11:17.560><c> so</c><00:11:17.720><c> this</c>

00:11:17.829 --> 00:11:17.839 align:start position:0%
that's written on change so this
 

00:11:17.839 --> 00:11:20.230 align:start position:0%
that's written on change so this
prevents<00:11:18.120><c> free</c><00:11:18.320><c> date</c><00:11:18.560><c> availability</c><00:11:19.120><c> as</c>

00:11:20.230 --> 00:11:20.240 align:start position:0%
prevents free date availability as
 

00:11:20.240 --> 00:11:23.110 align:start position:0%
prevents free date availability as
well<00:11:21.240><c> then</c><00:11:21.880><c> if</c><00:11:22.200><c> there</c><00:11:22.360><c> can</c><00:11:22.519><c> be</c><00:11:22.720><c> invalid</c>

00:11:23.110 --> 00:11:23.120 align:start position:0%
well then if there can be invalid
 

00:11:23.120 --> 00:11:25.230 align:start position:0%
well then if there can be invalid
transactions<00:11:23.720><c> in</c><00:11:23.880><c> the</c><00:11:24.040><c> inclusion</c><00:11:24.560><c> list</c><00:11:25.040><c> this</c>

00:11:25.230 --> 00:11:25.240 align:start position:0%
transactions in the inclusion list this
 

00:11:25.240 --> 00:11:27.590 align:start position:0%
transactions in the inclusion list this
may<00:11:25.600><c> lead</c><00:11:25.880><c> to</c><00:11:26.040><c> some</c><00:11:26.279><c> games</c><00:11:27.040><c> uh</c><00:11:27.160><c> that</c><00:11:27.240><c> you</c><00:11:27.360><c> might</c>

00:11:27.590 --> 00:11:27.600 align:start position:0%
may lead to some games uh that you might
 

00:11:27.600 --> 00:11:29.790 align:start position:0%
may lead to some games uh that you might
think<00:11:27.760><c> of</c><00:11:28.000><c> so</c><00:11:28.200><c> it</c><00:11:28.320><c> could</c><00:11:28.519><c> be</c><00:11:28.839><c> that</c><00:11:29.399><c> uh</c><00:11:29.519><c> someone</c>

00:11:29.790 --> 00:11:29.800 align:start position:0%
think of so it could be that uh someone
 

00:11:29.800 --> 00:11:31.190 align:start position:0%
think of so it could be that uh someone
knows<00:11:30.079><c> that</c><00:11:30.200><c> it</c><00:11:30.279><c> will</c><00:11:30.440><c> make</c><00:11:30.639><c> the</c><00:11:30.760><c> block</c><00:11:31.040><c> at</c>

00:11:31.190 --> 00:11:31.200 align:start position:0%
knows that it will make the block at
 

00:11:31.200 --> 00:11:33.430 align:start position:0%
knows that it will make the block at
second<00:11:31.519><c> 12</c><00:11:32.360><c> uh</c><00:11:32.480><c> and</c><00:11:32.560><c> it</c><00:11:32.720><c> tries</c><00:11:32.920><c> to</c><00:11:33.040><c> flood</c><00:11:33.360><c> the</c>

00:11:33.430 --> 00:11:33.440 align:start position:0%
second 12 uh and it tries to flood the
 

00:11:33.440 --> 00:11:34.870 align:start position:0%
second 12 uh and it tries to flood the
mle<00:11:33.839><c> with</c><00:11:33.959><c> transactions</c><00:11:34.440><c> that</c><00:11:34.560><c> it</c><00:11:34.680><c> will</c>

00:11:34.870 --> 00:11:34.880 align:start position:0%
mle with transactions that it will
 

00:11:34.880 --> 00:11:37.150 align:start position:0%
mle with transactions that it will
invalidate<00:11:35.320><c> in</c><00:11:35.480><c> its</c><00:11:35.639><c> block</c><00:11:35.920><c> later</c><00:11:36.200><c> on</c><00:11:36.800><c> meaning</c>

00:11:37.150 --> 00:11:37.160 align:start position:0%
invalidate in its block later on meaning
 

00:11:37.160 --> 00:11:40.030 align:start position:0%
invalidate in its block later on meaning
that<00:11:37.839><c> um</c><00:11:38.040><c> it</c><00:11:38.160><c> floods</c><00:11:39.160><c> uh</c><00:11:39.240><c> the</c><00:11:39.360><c> inclusion</c><00:11:39.760><c> list</c>

00:11:40.030 --> 00:11:40.040 align:start position:0%
that um it floods uh the inclusion list
 

00:11:40.040 --> 00:11:42.190 align:start position:0%
that um it floods uh the inclusion list
of<00:11:40.200><c> transactions</c><00:11:40.680><c> that</c><00:11:40.800><c> will</c><00:11:40.920><c> be</c><00:11:41.200><c> invalidated</c>

00:11:42.190 --> 00:11:42.200 align:start position:0%
of transactions that will be invalidated
 

00:11:42.200 --> 00:11:43.590 align:start position:0%
of transactions that will be invalidated
therefore<00:11:42.519><c> not</c><00:11:42.680><c> really</c><00:11:42.880><c> constraining</c><00:11:43.399><c> its</c>

00:11:43.590 --> 00:11:43.600 align:start position:0%
therefore not really constraining its
 

00:11:43.600 --> 00:11:46.590 align:start position:0%
therefore not really constraining its
block<00:11:44.160><c> uh</c><00:11:44.279><c> too</c><00:11:44.839><c> much</c><00:11:45.839><c> so</c><00:11:46.040><c> first</c><00:11:46.200><c> of</c><00:11:46.360><c> all</c><00:11:46.519><c> this</c>

00:11:46.590 --> 00:11:46.600 align:start position:0%
block uh too much so first of all this
 

00:11:46.600 --> 00:11:48.310 align:start position:0%
block uh too much so first of all this
is<00:11:46.959><c> a</c><00:11:47.279><c> difficult</c><00:11:47.480><c> attack</c><00:11:47.680><c> to</c><00:11:47.800><c> pull</c><00:11:48.000><c> off</c><00:11:48.160><c> in</c>

00:11:48.310 --> 00:11:48.320 align:start position:0%
is a difficult attack to pull off in
 

00:11:48.320 --> 00:11:50.310 align:start position:0%
is a difficult attack to pull off in
practice<00:11:48.800><c> because</c><00:11:49.079><c> usually</c><00:11:49.720><c> the</c><00:11:49.880><c> MEF</c><00:11:50.079><c> boost</c>

00:11:50.310 --> 00:11:50.320 align:start position:0%
practice because usually the MEF boost
 

00:11:50.320 --> 00:11:51.430 align:start position:0%
practice because usually the MEF boost
Builders<00:11:50.639><c> only</c><00:11:50.800><c> know</c><00:11:51.000><c> that</c><00:11:51.120><c> they're</c><00:11:51.320><c> the</c>

00:11:51.430 --> 00:11:51.440 align:start position:0%
Builders only know that they're the
 

00:11:51.440 --> 00:11:53.990 align:start position:0%
Builders only know that they're the
Builder<00:11:51.880><c> close</c><00:11:52.160><c> to</c><00:11:52.399><c> the</c><00:11:52.760><c> 12C</c><00:11:53.399><c> line</c><00:11:53.600><c> or</c><00:11:53.760><c> maybe</c>

00:11:53.990 --> 00:11:54.000 align:start position:0%
Builder close to the 12C line or maybe
 

00:11:54.000 --> 00:11:56.350 align:start position:0%
Builder close to the 12C line or maybe
even<00:11:54.279><c> past</c><00:11:54.560><c> that</c><00:11:55.440><c> uh</c><00:11:55.560><c> but</c><00:11:55.720><c> we</c><00:11:55.839><c> have</c><00:11:56.040><c> like</c><00:11:56.200><c> a</c>

00:11:56.350 --> 00:11:56.360 align:start position:0%
even past that uh but we have like a
 

00:11:56.360 --> 00:11:58.670 align:start position:0%
even past that uh but we have like a
defense<00:11:56.639><c> and</c><00:11:56.839><c> debt</c><00:11:57.079><c> strategy</c><00:11:57.600><c> here</c><00:11:58.279><c> uh</c><00:11:58.480><c> to</c>

00:11:58.670 --> 00:11:58.680 align:start position:0%
defense and debt strategy here uh to
 

00:11:58.680 --> 00:12:00.670 align:start position:0%
defense and debt strategy here uh to
prevent<00:11:59.040><c> this</c><00:11:59.600><c> so</c><00:11:59.800><c> how</c><00:11:59.920><c> we</c><00:12:00.040><c> do</c><00:12:00.200><c> it</c><00:12:00.480><c> is</c>

00:12:00.670 --> 00:12:00.680 align:start position:0%
prevent this so how we do it is
 

00:12:00.680 --> 00:12:02.269 align:start position:0%
prevent this so how we do it is
inclusion<00:12:01.120><c> list</c><00:12:01.320><c> proposers</c><00:12:01.720><c> are</c><00:12:01.880><c> free</c><00:12:02.079><c> to</c>

00:12:02.269 --> 00:12:02.279 align:start position:0%
inclusion list proposers are free to
 

00:12:02.279 --> 00:12:03.910 align:start position:0%
inclusion list proposers are free to
choose<00:12:02.600><c> whatever</c><00:12:02.920><c> inclusion</c><00:12:03.320><c> rule</c><00:12:03.600><c> that</c><00:12:03.760><c> they</c>

00:12:03.910 --> 00:12:03.920 align:start position:0%
choose whatever inclusion rule that they
 

00:12:03.920 --> 00:12:05.350 align:start position:0%
choose whatever inclusion rule that they
like<00:12:04.160><c> so</c><00:12:04.320><c> they're</c><00:12:04.480><c> free</c><00:12:04.680><c> to</c><00:12:04.839><c> construct</c><00:12:05.240><c> their</c>

00:12:05.350 --> 00:12:05.360 align:start position:0%
like so they're free to construct their
 

00:12:05.360 --> 00:12:07.350 align:start position:0%
like so they're free to construct their
inclusion<00:12:05.800><c> list</c><00:12:06.240><c> however</c><00:12:06.480><c> they</c><00:12:06.639><c> like</c><00:12:07.160><c> and</c>

00:12:07.350 --> 00:12:07.360 align:start position:0%
inclusion list however they like and
 

00:12:07.360 --> 00:12:11.870 align:start position:0%
inclusion list however they like and
clients<00:12:07.720><c> can</c><00:12:07.880><c> be</c><00:12:08.720><c> um</c><00:12:09.120><c> an</c><00:12:09.320><c> agent</c><00:12:09.680><c> for</c><00:12:10.399><c> them</c><00:12:11.399><c> so</c>

00:12:11.870 --> 00:12:11.880 align:start position:0%
clients can be um an agent for them so
 

00:12:11.880 --> 00:12:13.990 align:start position:0%
clients can be um an agent for them so
potentially<00:12:12.360><c> one</c><00:12:12.600><c> client</c><00:12:12.959><c> prefers</c><00:12:13.800><c> uh</c><00:12:13.880><c> the</c>

00:12:13.990 --> 00:12:14.000 align:start position:0%
potentially one client prefers uh the
 

00:12:14.000 --> 00:12:15.870 align:start position:0%
potentially one client prefers uh the
way<00:12:14.120><c> of</c><00:12:14.240><c> creating</c><00:12:14.639><c> inclusionist</c><00:12:15.279><c> By</c><00:12:15.480><c> Priority</c>

00:12:15.870 --> 00:12:15.880 align:start position:0%
way of creating inclusionist By Priority
 

00:12:15.880 --> 00:12:19.150 align:start position:0%
way of creating inclusionist By Priority
fee<00:12:16.680><c> others</c><00:12:17.040><c> may</c><00:12:17.519><c> prefer</c><00:12:17.880><c> to</c><00:12:18.480><c> make</c><00:12:18.760><c> incl</c>

00:12:19.150 --> 00:12:19.160 align:start position:0%
fee others may prefer to make incl
 

00:12:19.160 --> 00:12:20.750 align:start position:0%
fee others may prefer to make incl
inclusion<00:12:19.560><c> list</c><00:12:19.839><c> based</c><00:12:20.079><c> on</c><00:12:20.320><c> how</c><00:12:20.480><c> long</c>

00:12:20.750 --> 00:12:20.760 align:start position:0%
inclusion list based on how long
 

00:12:20.760 --> 00:12:21.990 align:start position:0%
inclusion list based on how long
transactions<00:12:21.240><c> have</c><00:12:21.399><c> been</c><00:12:21.519><c> pending</c><00:12:21.800><c> in</c><00:12:21.880><c> the</c>

00:12:21.990 --> 00:12:22.000 align:start position:0%
transactions have been pending in the
 

00:12:22.000 --> 00:12:24.750 align:start position:0%
transactions have been pending in the
mle<00:12:23.000><c> and</c><00:12:23.240><c> others</c><00:12:23.680><c> might</c><00:12:23.959><c> use</c><00:12:24.240><c> some</c><00:12:24.399><c> sort</c><00:12:24.600><c> of</c>

00:12:24.750 --> 00:12:24.760 align:start position:0%
mle and others might use some sort of
 

00:12:24.760 --> 00:12:26.350 align:start position:0%
mle and others might use some sort of
puristic<00:12:25.399><c> that</c><00:12:25.600><c> they</c><00:12:25.760><c> think</c><00:12:25.959><c> is</c><00:12:26.120><c> most</c>

00:12:26.350 --> 00:12:26.360 align:start position:0%
puristic that they think is most
 

00:12:26.360 --> 00:12:28.509 align:start position:0%
puristic that they think is most
valuable<00:12:26.720><c> to</c><00:12:26.880><c> create</c><00:12:27.160><c> inclusion</c><00:12:27.600><c> list</c><00:12:28.360><c> if</c>

00:12:28.509 --> 00:12:28.519 align:start position:0%
valuable to create inclusion list if
 

00:12:28.519 --> 00:12:30.150 align:start position:0%
valuable to create inclusion list if
people<00:12:28.720><c> create</c><00:12:29.160><c> inclusionist</c><00:12:29.639><c> in</c><00:12:29.800><c> various</c>

00:12:30.150 --> 00:12:30.160 align:start position:0%
people create inclusionist in various
 

00:12:30.160 --> 00:12:31.629 align:start position:0%
people create inclusionist in various
different<00:12:30.480><c> ways</c><00:12:30.760><c> it's</c><00:12:30.920><c> more</c><00:12:31.279><c> difficult</c><00:12:31.440><c> to</c>

00:12:31.629 --> 00:12:31.639 align:start position:0%
different ways it's more difficult to
 

00:12:31.639 --> 00:12:34.110 align:start position:0%
different ways it's more difficult to
attack<00:12:32.000><c> them</c><00:12:32.680><c> so</c><00:12:32.920><c> if</c><00:12:33.160><c> for</c><00:12:33.320><c> example</c><00:12:33.639><c> one</c><00:12:33.800><c> client</c>

00:12:34.110 --> 00:12:34.120 align:start position:0%
attack them so if for example one client
 

00:12:34.120 --> 00:12:36.230 align:start position:0%
attack them so if for example one client
incluses<00:12:34.959><c> inclusionist</c><00:12:35.600><c> mechanism</c><00:12:36.079><c> that</c>

00:12:36.230 --> 00:12:36.240 align:start position:0%
incluses inclusionist mechanism that
 

00:12:36.240 --> 00:12:38.949 align:start position:0%
incluses inclusionist mechanism that
says<00:12:36.800><c> I</c><00:12:36.920><c> want</c><00:12:37.160><c> to</c><00:12:37.639><c> make</c><00:12:37.880><c> my</c><00:12:38.079><c> list</c><00:12:38.399><c> based</c><00:12:38.600><c> on</c><00:12:38.800><c> how</c>

00:12:38.949 --> 00:12:38.959 align:start position:0%
says I want to make my list based on how
 

00:12:38.959 --> 00:12:40.990 align:start position:0%
says I want to make my list based on how
long<00:12:39.199><c> transactions</c><00:12:39.720><c> have</c><00:12:39.839><c> been</c><00:12:40.000><c> in</c><00:12:40.079><c> a</c><00:12:40.199><c> mempo</c>

00:12:40.990 --> 00:12:41.000 align:start position:0%
long transactions have been in a mempo
 

00:12:41.000 --> 00:12:43.069 align:start position:0%
long transactions have been in a mempo
uh<00:12:41.120><c> just</c><00:12:41.279><c> ordered</c><00:12:42.160><c> youd</c><00:12:42.360><c> need</c><00:12:42.519><c> to</c><00:12:42.639><c> flood</c><00:12:43.000><c> the</c>

00:12:43.069 --> 00:12:43.079 align:start position:0%
uh just ordered youd need to flood the
 

00:12:43.079 --> 00:12:45.829 align:start position:0%
uh just ordered youd need to flood the
mempo<00:12:43.560><c> long</c><00:12:43.920><c> before</c><00:12:44.240><c> that's</c><00:12:45.000><c> uh</c><00:12:45.360><c> long</c><00:12:45.639><c> before</c>

00:12:45.829 --> 00:12:45.839 align:start position:0%
mempo long before that's uh long before
 

00:12:45.839 --> 00:12:47.670 align:start position:0%
mempo long before that's uh long before
your<00:12:46.000><c> slot</c><00:12:46.639><c> making</c><00:12:46.880><c> it</c><00:12:47.040><c> potentially</c><00:12:47.360><c> a</c><00:12:47.440><c> lot</c>

00:12:47.670 --> 00:12:47.680 align:start position:0%
your slot making it potentially a lot
 

00:12:47.680 --> 00:12:49.230 align:start position:0%
your slot making it potentially a lot
harder<00:12:48.440><c> uh</c><00:12:48.519><c> to</c><00:12:48.680><c> know</c><00:12:48.839><c> that</c><00:12:48.959><c> you</c><00:12:49.040><c> can</c>

00:12:49.230 --> 00:12:49.240 align:start position:0%
harder uh to know that you can
 

00:12:49.240 --> 00:12:52.030 align:start position:0%
harder uh to know that you can
invalidate<00:12:49.959><c> them</c><00:12:50.959><c> so</c><00:12:51.199><c> this</c><00:12:51.279><c> is</c><00:12:51.480><c> really</c><00:12:51.920><c> a</c>

00:12:52.030 --> 00:12:52.040 align:start position:0%
invalidate them so this is really a
 

00:12:52.040 --> 00:12:53.710 align:start position:0%
invalidate them so this is really a
defense<00:12:52.320><c> and</c><00:12:52.480><c> debt</c><00:12:52.680><c> strategy</c><00:12:53.480><c> uh</c><00:12:53.600><c> it's</c>

00:12:53.710 --> 00:12:53.720 align:start position:0%
defense and debt strategy uh it's
 

00:12:53.720 --> 00:12:55.590 align:start position:0%
defense and debt strategy uh it's
unlikely<00:12:54.160><c> that</c><00:12:54.320><c> this</c><00:12:54.440><c> will</c><00:12:54.639><c> happen</c><00:12:54.959><c> the</c><00:12:55.120><c> G</c><00:12:55.440><c> is</c>

00:12:55.590 --> 00:12:55.600 align:start position:0%
unlikely that this will happen the G is
 

00:12:55.600 --> 00:12:58.030 align:start position:0%
unlikely that this will happen the G is
quite<00:12:55.800><c> limited</c><00:12:56.519><c> uh</c><00:12:56.639><c> but</c><00:12:56.760><c> even</c><00:12:57.040><c> then</c><00:12:57.800><c> uh</c><00:12:57.880><c> we're</c>

00:12:58.030 --> 00:12:58.040 align:start position:0%
quite limited uh but even then uh we're
 

00:12:58.040 --> 00:13:00.790 align:start position:0%
quite limited uh but even then uh we're
trying<00:12:58.240><c> to</c><00:12:58.440><c> prevent</c><00:12:58.720><c> it</c>

00:13:00.790 --> 00:13:00.800 align:start position:0%
trying to prevent it
 

00:13:00.800 --> 00:13:03.110 align:start position:0%
trying to prevent it
so<00:13:01.040><c> then</c><00:13:01.920><c> um</c><00:13:02.040><c> you</c><00:13:02.160><c> could</c><00:13:02.320><c> think</c><00:13:02.519><c> of</c><00:13:02.720><c> commitment</c>

00:13:03.110 --> 00:13:03.120 align:start position:0%
so then um you could think of commitment
 

00:13:03.120 --> 00:13:04.949 align:start position:0%
so then um you could think of commitment
ATT<00:13:03.320><c> taxs</c><00:13:03.720><c> so</c><00:13:03.880><c> an</c><00:13:04.000><c> inclusion</c><00:13:04.399><c> list</c><00:13:04.639><c> is</c><00:13:04.800><c> some</c>

00:13:04.949 --> 00:13:04.959 align:start position:0%
ATT taxs so an inclusion list is some
 

00:13:04.959 --> 00:13:06.990 align:start position:0%
ATT taxs so an inclusion list is some
way<00:13:05.120><c> to</c><00:13:05.440><c> constrain</c><00:13:06.079><c> the</c><00:13:06.240><c> value</c><00:13:06.519><c> that</c><00:13:06.680><c> a</c><00:13:06.800><c> block</c>

00:13:06.990 --> 00:13:07.000 align:start position:0%
way to constrain the value that a block
 

00:13:07.000 --> 00:13:09.590 align:start position:0%
way to constrain the value that a block
producer<00:13:07.399><c> could</c><00:13:07.959><c> um</c><00:13:08.160><c> extract</c><00:13:08.920><c> so</c><00:13:09.199><c> inclusion</c>

00:13:09.590 --> 00:13:09.600 align:start position:0%
producer could um extract so inclusion
 

00:13:09.600 --> 00:13:12.750 align:start position:0%
producer could um extract so inclusion
list<00:13:09.800><c> Committee</c><00:13:10.120><c> Member</c><00:13:10.519><c> could</c><00:13:10.800><c> say</c><00:13:11.800><c> um</c><00:13:12.480><c> if</c>

00:13:12.750 --> 00:13:12.760 align:start position:0%
list Committee Member could say um if
 

00:13:12.760 --> 00:13:14.590 align:start position:0%
list Committee Member could say um if
you<00:13:13.000><c> pay</c><00:13:13.240><c> me</c><00:13:13.560><c> then</c><00:13:13.720><c> I</c><00:13:13.880><c> include</c><00:13:14.240><c> something</c><00:13:14.480><c> in</c>

00:13:14.590 --> 00:13:14.600 align:start position:0%
you pay me then I include something in
 

00:13:14.600 --> 00:13:16.629 align:start position:0%
you pay me then I include something in
this<00:13:14.720><c> block</c><00:13:15.320><c> or</c><00:13:15.519><c> if</c><00:13:15.600><c> you</c><00:13:15.760><c> don't</c><00:13:16.040><c> pay</c><00:13:16.199><c> me</c><00:13:16.480><c> or</c>

00:13:16.629 --> 00:13:16.639 align:start position:0%
this block or if you don't pay me or
 

00:13:16.639 --> 00:13:18.269 align:start position:0%
this block or if you don't pay me or
sorry<00:13:16.920><c> if</c><00:13:17.000><c> you</c><00:13:17.120><c> pay</c><00:13:17.279><c> me</c><00:13:17.480><c> then</c><00:13:17.600><c> I</c><00:13:17.800><c> exclude</c>

00:13:18.269 --> 00:13:18.279 align:start position:0%
sorry if you pay me then I exclude
 

00:13:18.279 --> 00:13:20.110 align:start position:0%
sorry if you pay me then I exclude
something<00:13:18.560><c> from</c><00:13:18.720><c> my</c><00:13:18.880><c> inclusion</c><00:13:19.360><c> list</c><00:13:19.839><c> so</c><00:13:20.000><c> the</c>

00:13:20.110 --> 00:13:20.120 align:start position:0%
something from my inclusion list so the
 

00:13:20.120 --> 00:13:21.710 align:start position:0%
something from my inclusion list so the
latter<00:13:20.360><c> is</c><00:13:20.480><c> an</c><00:13:20.600><c> extortion</c><00:13:21.079><c> attack</c><00:13:21.360><c> the</c><00:13:21.480><c> first</c>

00:13:21.710 --> 00:13:21.720 align:start position:0%
latter is an extortion attack the first
 

00:13:21.720 --> 00:13:23.470 align:start position:0%
latter is an extortion attack the first
is<00:13:21.800><c> an</c><00:13:21.920><c> inclusion</c><00:13:22.399><c> attack</c><00:13:23.079><c> and</c><00:13:23.279><c> this</c><00:13:23.360><c> is</c>

00:13:23.470 --> 00:13:23.480 align:start position:0%
is an inclusion attack and this is
 

00:13:23.480 --> 00:13:26.189 align:start position:0%
is an inclusion attack and this is
mainly<00:13:23.760><c> a</c><00:13:23.920><c> worry</c><00:13:24.680><c> uh</c><00:13:24.760><c> if</c><00:13:24.920><c> there's</c><00:13:25.120><c> only</c><00:13:25.440><c> one</c><00:13:26.040><c> uh</c>

00:13:26.189 --> 00:13:26.199 align:start position:0%
mainly a worry uh if there's only one uh
 

00:13:26.199 --> 00:13:28.189 align:start position:0%
mainly a worry uh if there's only one uh
Committee<00:13:26.560><c> Member</c><00:13:27.160><c> we</c><00:13:27.399><c> try</c><00:13:27.600><c> to</c><00:13:27.760><c> prevent</c><00:13:28.040><c> this</c>

00:13:28.189 --> 00:13:28.199 align:start position:0%
Committee Member we try to prevent this
 

00:13:28.199 --> 00:13:29.350 align:start position:0%
Committee Member we try to prevent this
by<00:13:28.320><c> having</c><00:13:28.560><c> multiple</c><00:13:28.880><c> Comm</c><00:13:29.120><c> committee</c>

00:13:29.350 --> 00:13:29.360 align:start position:0%
by having multiple Comm committee
 

00:13:29.360 --> 00:13:32.230 align:start position:0%
by having multiple Comm committee
members<00:13:29.720><c> making</c><00:13:30.000><c> it</c><00:13:30.880><c> uh</c><00:13:31.079><c> economically</c><00:13:31.760><c> less</c>

00:13:32.230 --> 00:13:32.240 align:start position:0%
members making it uh economically less
 

00:13:32.240 --> 00:13:36.430 align:start position:0%
members making it uh economically less
less<00:13:32.720><c> important</c><00:13:33.720><c> uh</c><00:13:33.839><c> and</c><00:13:34.000><c> second</c><00:13:34.720><c> most</c><00:13:35.199><c> less</c>

00:13:36.430 --> 00:13:36.440 align:start position:0%
less important uh and second most less
 

00:13:36.440 --> 00:13:39.150 align:start position:0%
less important uh and second most less
likely<00:13:37.440><c> so</c><00:13:37.680><c> then</c><00:13:38.279><c> uh</c><00:13:38.399><c> taking</c><00:13:38.720><c> commitments</c>

00:13:39.150 --> 00:13:39.160 align:start position:0%
likely so then uh taking commitments
 

00:13:39.160 --> 00:13:40.590 align:start position:0%
likely so then uh taking commitments
attached<00:13:39.440><c> to</c><00:13:39.560><c> the</c><00:13:39.720><c> extreme</c><00:13:40.120><c> you</c><00:13:40.240><c> could</c><00:13:40.399><c> think</c>

00:13:40.590 --> 00:13:40.600 align:start position:0%
attached to the extreme you could think
 

00:13:40.600 --> 00:13:44.389 align:start position:0%
attached to the extreme you could think
of<00:13:40.720><c> fossil</c><00:13:41.320><c> as</c><00:13:42.199><c> uh</c><00:13:43.000><c> a</c><00:13:43.160><c> vehicle</c><00:13:43.480><c> for</c><00:13:43.680><c> meev</c><00:13:44.279><c> but</c>

00:13:44.389 --> 00:13:44.399 align:start position:0%
of fossil as uh a vehicle for meev but
 

00:13:44.399 --> 00:13:47.150 align:start position:0%
of fossil as uh a vehicle for meev but
we<00:13:44.560><c> try</c><00:13:44.720><c> to</c><00:13:45.079><c> prove</c><00:13:45.399><c> that</c><00:13:45.680><c> this</c><00:13:45.800><c> is</c><00:13:46.160><c> incorrect</c>

00:13:47.150 --> 00:13:47.160 align:start position:0%
we try to prove that this is incorrect
 

00:13:47.160 --> 00:13:48.829 align:start position:0%
we try to prove that this is incorrect
uh<00:13:47.240><c> we</c><00:13:47.360><c> do</c><00:13:47.519><c> this</c><00:13:47.680><c> via</c><00:13:47.920><c> a</c><00:13:48.079><c> concept</c><00:13:48.399><c> that</c><00:13:48.519><c> we</c><00:13:48.639><c> call</c>

00:13:48.829 --> 00:13:48.839 align:start position:0%
uh we do this via a concept that we call
 

00:13:48.839 --> 00:13:50.870 align:start position:0%
uh we do this via a concept that we call
unability<00:13:49.440><c> so</c><00:13:49.959><c> the</c><00:13:50.079><c> inclusion</c><00:13:50.480><c> list</c><00:13:50.639><c> cannot</c>

00:13:50.870 --> 00:13:50.880 align:start position:0%
unability so the inclusion list cannot
 

00:13:50.880 --> 00:13:53.670 align:start position:0%
unability so the inclusion list cannot
be<00:13:51.000><c> crowded</c><00:13:51.360><c> out</c><00:13:51.600><c> by</c><00:13:51.759><c> other</c><00:13:52.040><c> users</c><00:13:53.040><c> uh</c><00:13:53.440><c> than</c>

00:13:53.670 --> 00:13:53.680 align:start position:0%
be crowded out by other users uh than
 

00:13:53.680 --> 00:13:55.030 align:start position:0%
be crowded out by other users uh than
simply<00:13:54.040><c> providing</c><00:13:54.440><c> this</c><00:13:54.600><c> censorship</c>

00:13:55.030 --> 00:13:55.040 align:start position:0%
simply providing this censorship
 

00:13:55.040 --> 00:13:57.509 align:start position:0%
simply providing this censorship
resistance<00:13:55.680><c> property</c><00:13:56.680><c> so</c><00:13:56.920><c> we</c><00:13:57.040><c> don't</c><00:13:57.279><c> want</c>

00:13:57.509 --> 00:13:57.519 align:start position:0%
resistance property so we don't want
 

00:13:57.519 --> 00:13:59.389 align:start position:0%
resistance property so we don't want
inclusionist<00:13:58.160><c> proposers</c><00:13:58.639><c> to</c><00:13:58.759><c> sell</c><00:13:59.240><c> their</c>

00:13:59.389 --> 00:13:59.399 align:start position:0%
inclusionist proposers to sell their
 

00:13:59.399 --> 00:14:01.749 align:start position:0%
inclusionist proposers to sell their
rights<00:13:59.600><c> to</c><00:13:59.800><c> make</c><00:14:00.000><c> Invision</c><00:14:00.480><c> list</c><00:14:01.279><c> we</c><00:14:01.440><c> argue</c>

00:14:01.749 --> 00:14:01.759 align:start position:0%
rights to make Invision list we argue
 

00:14:01.759 --> 00:14:03.230 align:start position:0%
rights to make Invision list we argue
that<00:14:01.920><c> fossil</c><00:14:02.199><c> is</c><00:14:02.360><c> robust</c><00:14:02.759><c> against</c><00:14:03.079><c> these</c>

00:14:03.230 --> 00:14:03.240 align:start position:0%
that fossil is robust against these
 

00:14:03.240 --> 00:14:05.470 align:start position:0%
that fossil is robust against these
sorts<00:14:03.519><c> of</c><00:14:03.959><c> Mev</c><00:14:04.240><c> boost</c><00:14:04.560><c> like</c><00:14:04.759><c> markets</c><00:14:05.199><c> that</c><00:14:05.320><c> you</c>

00:14:05.470 --> 00:14:05.480 align:start position:0%
sorts of Mev boost like markets that you
 

00:14:05.480 --> 00:14:08.629 align:start position:0%
sorts of Mev boost like markets that you
might<00:14:05.720><c> think</c><00:14:06.440><c> uh</c><00:14:06.639><c> arise</c><00:14:07.199><c> if</c><00:14:07.759><c> um</c><00:14:08.240><c> if</c><00:14:08.440><c> if</c><00:14:08.519><c> you</c>

00:14:08.629 --> 00:14:08.639 align:start position:0%
might think uh arise if um if if you
 

00:14:08.639 --> 00:14:11.069 align:start position:0%
might think uh arise if um if if you
would<00:14:08.839><c> believe</c><00:14:09.160><c> that</c><00:14:09.920><c> um</c><00:14:10.399><c> it's</c><00:14:10.600><c> valuable</c><00:14:10.959><c> to</c>

00:14:11.069 --> 00:14:11.079 align:start position:0%
would believe that um it's valuable to
 

00:14:11.079 --> 00:14:13.509 align:start position:0%
would believe that um it's valuable to
sell<00:14:11.399><c> inclusionist</c><00:14:11.959><c> proposing</c><00:14:12.360><c> rates</c><00:14:13.160><c> we</c><00:14:13.279><c> say</c>

00:14:13.509 --> 00:14:13.519 align:start position:0%
sell inclusionist proposing rates we say
 

00:14:13.519 --> 00:14:15.829 align:start position:0%
sell inclusionist proposing rates we say
that<00:14:13.680><c> fossil</c><00:14:14.079><c> is</c><00:14:14.279><c> not</c><00:14:14.839><c> very</c><00:14:15.079><c> useful</c><00:14:15.399><c> for</c><00:14:15.639><c> this</c>

00:14:15.829 --> 00:14:15.839 align:start position:0%
that fossil is not very useful for this
 

00:14:15.839 --> 00:14:17.430 align:start position:0%
that fossil is not very useful for this
because<00:14:16.040><c> there</c><00:14:16.120><c> are</c><00:14:16.279><c> no</c><00:14:16.399><c> ordering</c><00:14:16.880><c> guarantees</c>

00:14:17.430 --> 00:14:17.440 align:start position:0%
because there are no ordering guarantees
 

00:14:17.440 --> 00:14:19.110 align:start position:0%
because there are no ordering guarantees
inclusionist<00:14:18.040><c> doesn't</c><00:14:18.360><c> tell</c><00:14:18.600><c> you</c><00:14:18.800><c> where</c><00:14:19.000><c> in</c>

00:14:19.110 --> 00:14:19.120 align:start position:0%
inclusionist doesn't tell you where in
 

00:14:19.120 --> 00:14:21.150 align:start position:0%
inclusionist doesn't tell you where in
the<00:14:19.240><c> block</c><00:14:19.480><c> your</c><00:14:19.639><c> transaction</c><00:14:20.040><c> lands</c><00:14:21.040><c> there</c>

00:14:21.150 --> 00:14:21.160 align:start position:0%
the block your transaction lands there
 

00:14:21.160 --> 00:14:22.829 align:start position:0%
the block your transaction lands there
is<00:14:21.320><c> no</c><00:14:21.519><c> private</c><00:14:21.800><c> order</c><00:14:22.040><c> flow</c><00:14:22.360><c> possible</c>

00:14:22.829 --> 00:14:22.839 align:start position:0%
is no private order flow possible
 

00:14:22.839 --> 00:14:24.629 align:start position:0%
is no private order flow possible
because<00:14:23.240><c> any</c><00:14:23.399><c> inclusion</c><00:14:23.880><c> list</c><00:14:24.079><c> is</c><00:14:24.240><c> publicly</c>

00:14:24.629 --> 00:14:24.639 align:start position:0%
because any inclusion list is publicly
 

00:14:24.639 --> 00:14:26.710 align:start position:0%
because any inclusion list is publicly
propagated<00:14:25.160><c> over</c><00:14:25.320><c> the</c><00:14:25.480><c> network</c><00:14:26.320><c> in</c><00:14:26.399><c> order</c><00:14:26.600><c> for</c>

00:14:26.710 --> 00:14:26.720 align:start position:0%
propagated over the network in order for
 

00:14:26.720 --> 00:14:29.189 align:start position:0%
propagated over the network in order for
it<00:14:26.839><c> to</c><00:14:26.920><c> be</c><00:14:27.480><c> enforced</c><00:14:28.480><c> there</c><00:14:28.560><c> are</c><00:14:28.680><c> multiple</c>

00:14:29.189 --> 00:14:29.199 align:start position:0%
it to be enforced there are multiple
 

00:14:29.199 --> 00:14:30.749 align:start position:0%
it to be enforced there are multiple
inclusionist<00:14:29.720><c> proposal</c><00:14:30.240><c> which</c><00:14:30.399><c> prevents</c>

00:14:30.749 --> 00:14:30.759 align:start position:0%
inclusionist proposal which prevents
 

00:14:30.759 --> 00:14:32.150 align:start position:0%
inclusionist proposal which prevents
some<00:14:30.880><c> of</c><00:14:31.000><c> the</c><00:14:31.120><c> inclusion</c><00:14:31.519><c> and</c><00:14:31.720><c> extortion</c>

00:14:32.150 --> 00:14:32.160 align:start position:0%
some of the inclusion and extortion
 

00:14:32.160 --> 00:14:34.470 align:start position:0%
some of the inclusion and extortion
attacks<00:14:32.480><c> that</c><00:14:32.600><c> we</c><00:14:32.800><c> talked</c><00:14:33.079><c> about</c><00:14:33.360><c> briefly</c><00:14:34.360><c> uh</c>

00:14:34.470 --> 00:14:34.480 align:start position:0%
attacks that we talked about briefly uh
 

00:14:34.480 --> 00:14:36.430 align:start position:0%
attacks that we talked about briefly uh
and<00:14:34.600><c> the</c><00:14:34.720><c> inclusionist</c><00:14:35.399><c> created</c><00:14:35.759><c> 3</c><00:14:36.000><c> seconds</c>

00:14:36.430 --> 00:14:36.440 align:start position:0%
and the inclusionist created 3 seconds
 

00:14:36.440 --> 00:14:37.910 align:start position:0%
and the inclusionist created 3 seconds
before<00:14:36.680><c> the</c><00:14:36.800><c> block</c><00:14:37.079><c> producer</c><00:14:37.399><c> acts</c><00:14:37.680><c> so</c><00:14:37.839><c> the</c>

00:14:37.910 --> 00:14:37.920 align:start position:0%
before the block producer acts so the
 

00:14:37.920 --> 00:14:39.310 align:start position:0%
before the block producer acts so the
block<00:14:38.160><c> producer</c><00:14:38.480><c> has</c><00:14:38.639><c> more</c><00:14:38.880><c> information</c>

00:14:39.310 --> 00:14:39.320 align:start position:0%
block producer has more information
 

00:14:39.320 --> 00:14:40.910 align:start position:0%
block producer has more information
about<00:14:39.600><c> the</c><00:14:39.759><c> external</c><00:14:40.120><c> states</c><00:14:40.399><c> of</c><00:14:40.519><c> the</c><00:14:40.600><c> world</c>

00:14:40.910 --> 00:14:40.920 align:start position:0%
about the external states of the world
 

00:14:40.920 --> 00:14:42.629 align:start position:0%
about the external states of the world
than<00:14:41.160><c> those</c><00:14:41.480><c> who</c><00:14:41.600><c> make</c><00:14:41.800><c> the</c><00:14:41.920><c> inclusionist</c>

00:14:42.629 --> 00:14:42.639 align:start position:0%
than those who make the inclusionist
 

00:14:42.639 --> 00:14:44.910 align:start position:0%
than those who make the inclusionist
have<00:14:43.519><c> and</c><00:14:43.639><c> this</c><00:14:43.759><c> means</c><00:14:44.040><c> that</c><00:14:44.199><c> no</c><00:14:44.440><c> individual</c>

00:14:44.910 --> 00:14:44.920 align:start position:0%
have and this means that no individual
 

00:14:44.920 --> 00:14:46.990 align:start position:0%
have and this means that no individual
inclusionist<00:14:45.519><c> proposer</c><00:14:46.040><c> has</c><00:14:46.199><c> the</c><00:14:46.639><c> right</c><00:14:46.800><c> to</c>

00:14:46.990 --> 00:14:47.000 align:start position:0%
inclusionist proposer has the right to
 

00:14:47.000 --> 00:14:49.189 align:start position:0%
inclusionist proposer has the right to
include<00:14:47.519><c> order</c><00:14:47.920><c> or</c><00:14:48.160><c> exclude</c><00:14:48.600><c> transactions</c>

00:14:49.189 --> 00:14:49.199 align:start position:0%
include order or exclude transactions
 

00:14:49.199 --> 00:14:50.749 align:start position:0%
include order or exclude transactions
which<00:14:49.320><c> is</c><00:14:49.480><c> like</c><00:14:49.639><c> the</c><00:14:49.839><c> canonical</c><00:14:50.360><c> definition</c>

00:14:50.749 --> 00:14:50.759 align:start position:0%
which is like the canonical definition
 

00:14:50.759 --> 00:14:51.470 align:start position:0%
which is like the canonical definition
of

00:14:51.470 --> 00:14:51.480 align:start position:0%
of
 

00:14:51.480 --> 00:14:54.749 align:start position:0%
of
me<00:14:52.480><c> so</c><00:14:52.680><c> fosil</c><00:14:53.160><c> is</c><00:14:53.600><c> specifically</c><00:14:54.160><c> designed</c><00:14:54.600><c> to</c>

00:14:54.749 --> 00:14:54.759 align:start position:0%
me so fosil is specifically designed to
 

00:14:54.759 --> 00:14:56.949 align:start position:0%
me so fosil is specifically designed to
be<00:14:55.040><c> as</c><00:14:55.199><c> robust</c><00:14:55.600><c> as</c><00:14:55.759><c> possible</c><00:14:56.240><c> against</c><00:14:56.519><c> meev</c>

00:14:56.949 --> 00:14:56.959 align:start position:0%
be as robust as possible against meev
 

00:14:56.959 --> 00:15:00.870 align:start position:0%
be as robust as possible against meev
markets<00:14:57.360><c> for</c><00:14:57.600><c> inclusionist</c><00:14:58.199><c> proposing</c><00:14:58.639><c> rats</c>

00:15:00.870 --> 00:15:00.880 align:start position:0%
markets for inclusionist proposing rats
 

00:15:00.880 --> 00:15:03.990 align:start position:0%
markets for inclusionist proposing rats
second<00:15:01.240><c> is</c><00:15:01.440><c> extendability</c><00:15:01.920><c> and</c><00:15:02.920><c> here</c><00:15:03.680><c> uh</c><00:15:03.839><c> we</c>

00:15:03.990 --> 00:15:04.000 align:start position:0%
second is extendability and here uh we
 

00:15:04.000 --> 00:15:06.430 align:start position:0%
second is extendability and here uh we
argue<00:15:04.320><c> that</c><00:15:04.440><c> foso</c><00:15:04.920><c> is</c><00:15:05.639><c> a</c><00:15:05.800><c> great</c><00:15:06.000><c> step</c><00:15:06.199><c> in</c><00:15:06.320><c> the</c>

00:15:06.430 --> 00:15:06.440 align:start position:0%
argue that foso is a great step in the
 

00:15:06.440 --> 00:15:08.110 align:start position:0%
argue that foso is a great step in the
right<00:15:06.600><c> direction</c><00:15:07.040><c> we</c><00:15:07.160><c> feel</c><00:15:07.440><c> that</c><00:15:07.639><c> it's</c><00:15:07.839><c> very</c>

00:15:08.110 --> 00:15:08.120 align:start position:0%
right direction we feel that it's very
 

00:15:08.120 --> 00:15:09.470 align:start position:0%
right direction we feel that it's very
necessary<00:15:08.560><c> to</c><00:15:08.720><c> have</c><00:15:08.959><c> some</c><00:15:09.160><c> form</c><00:15:09.320><c> of</c>

00:15:09.470 --> 00:15:09.480 align:start position:0%
necessary to have some form of
 

00:15:09.480 --> 00:15:11.069 align:start position:0%
necessary to have some form of
inclusionist<00:15:10.160><c> today</c><00:15:10.560><c> since</c><00:15:10.720><c> there</c><00:15:10.800><c> are</c><00:15:10.920><c> only</c>

00:15:11.069 --> 00:15:11.079 align:start position:0%
inclusionist today since there are only
 

00:15:11.079 --> 00:15:13.670 align:start position:0%
inclusionist today since there are only
two<00:15:11.440><c> Builders</c><00:15:12.440><c> uh</c><00:15:12.600><c> and</c><00:15:12.759><c> we</c><00:15:12.839><c> see</c><00:15:13.040><c> that</c><00:15:13.199><c> fos</c><00:15:13.560><c> of</c>

00:15:13.670 --> 00:15:13.680 align:start position:0%
two Builders uh and we see that fos of
 

00:15:13.680 --> 00:15:16.030 align:start position:0%
two Builders uh and we see that fos of
recurring<00:15:14.120><c> architecture</c><00:15:14.720><c> in</c><00:15:14.920><c> different</c><00:15:15.880><c> uh</c>

00:15:16.030 --> 00:15:16.040 align:start position:0%
recurring architecture in different uh
 

00:15:16.040 --> 00:15:17.790 align:start position:0%
recurring architecture in different uh
products<00:15:16.399><c> that</c><00:15:16.519><c> we're</c><00:15:16.680><c> trying</c><00:15:17.240><c> that</c><00:15:17.519><c> I</c><00:15:17.639><c> guess</c>

00:15:17.790 --> 00:15:17.800 align:start position:0%
products that we're trying that I guess
 

00:15:17.800 --> 00:15:19.910 align:start position:0%
products that we're trying that I guess
not<00:15:17.920><c> products</c><00:15:18.519><c> uh</c><00:15:18.839><c> erps</c><00:15:19.320><c> that</c><00:15:19.399><c> we're</c><00:15:19.519><c> in</c>

00:15:19.910 --> 00:15:19.920 align:start position:0%
not products uh erps that we're in
 

00:15:19.920 --> 00:15:23.269 align:start position:0%
not products uh erps that we're in
imagining<00:15:20.920><c> um</c><00:15:21.839><c> and</c><00:15:22.240><c> so</c><00:15:22.639><c> here</c><00:15:22.800><c> I'll</c><00:15:23.040><c> present</c>

00:15:23.269 --> 00:15:23.279 align:start position:0%
imagining um and so here I'll present
 

00:15:23.279 --> 00:15:25.150 align:start position:0%
imagining um and so here I'll present
two<00:15:23.519><c> possible</c><00:15:23.959><c> extensions</c><00:15:24.720><c> you</c><00:15:24.800><c> shouldn't</c>

00:15:25.150 --> 00:15:25.160 align:start position:0%
two possible extensions you shouldn't
 

00:15:25.160 --> 00:15:26.749 align:start position:0%
two possible extensions you shouldn't
take<00:15:25.399><c> these</c><00:15:25.720><c> as</c><00:15:25.959><c> part</c><00:15:26.120><c> of</c><00:15:26.279><c> fossil</c><00:15:26.639><c> because</c>

00:15:26.749 --> 00:15:26.759 align:start position:0%
take these as part of fossil because
 

00:15:26.759 --> 00:15:28.350 align:start position:0%
take these as part of fossil because
they're<00:15:26.920><c> not</c><00:15:27.079><c> in</c><00:15:27.199><c> the</c><00:15:27.279><c> Erp</c><00:15:28.000><c> but</c><00:15:28.120><c> there</c><00:15:28.199><c> are</c>

00:15:28.350 --> 00:15:28.360 align:start position:0%
they're not in the Erp but there are
 

00:15:28.360 --> 00:15:29.710 align:start position:0%
they're not in the Erp but there are
things<00:15:28.560><c> that</c><00:15:28.680><c> could</c><00:15:28.800><c> be</c><00:15:29.000><c> built</c><00:15:29.160><c> on</c><00:15:29.319><c> fosil</c>

00:15:29.710 --> 00:15:29.720 align:start position:0%
things that could be built on fosil
 

00:15:29.720 --> 00:15:33.110 align:start position:0%
things that could be built on fosil
without<00:15:29.920><c> changing</c><00:15:30.279><c> the</c><00:15:30.399><c> underlying</c>

00:15:33.110 --> 00:15:33.120 align:start position:0%
without changing the underlying
 

00:15:33.120 --> 00:15:35.990 align:start position:0%
without changing the underlying
architecture<00:15:34.120><c> so</c><00:15:34.319><c> first</c><00:15:34.680><c> is</c><00:15:35.240><c> making</c><00:15:35.639><c> some</c>

00:15:35.990 --> 00:15:36.000 align:start position:0%
architecture so first is making some
 

00:15:36.000 --> 00:15:37.910 align:start position:0%
architecture so first is making some
transaction<00:15:36.480><c> fee</c><00:15:36.720><c> mechanism</c><00:15:37.199><c> to</c><00:15:37.360><c> incentivize</c>

00:15:37.910 --> 00:15:37.920 align:start position:0%
transaction fee mechanism to incentivize
 

00:15:37.920 --> 00:15:40.030 align:start position:0%
transaction fee mechanism to incentivize
sensorship<00:15:38.440><c> resistance</c><00:15:39.399><c> so</c><00:15:39.560><c> the</c><00:15:39.680><c> design</c>

00:15:40.030 --> 00:15:40.040 align:start position:0%
sensorship resistance so the design
 

00:15:40.040 --> 00:15:41.910 align:start position:0%
sensorship resistance so the design
philosophy<00:15:40.519><c> behind</c><00:15:40.759><c> fossil</c><00:15:41.160><c> is</c><00:15:41.279><c> to</c><00:15:41.440><c> boost</c><00:15:41.720><c> the</c>

00:15:41.910 --> 00:15:41.920 align:start position:0%
philosophy behind fossil is to boost the
 

00:15:41.920 --> 00:15:44.189 align:start position:0%
philosophy behind fossil is to boost the
value<00:15:42.399><c> or</c><00:15:42.600><c> boost</c><00:15:42.880><c> the</c><00:15:43.040><c> signal</c><00:15:43.519><c> of</c><00:15:43.759><c> those</c><00:15:44.000><c> that</c>

00:15:44.189 --> 00:15:44.199 align:start position:0%
value or boost the signal of those that
 

00:15:44.199 --> 00:15:45.790 align:start position:0%
value or boost the signal of those that
already<00:15:44.480><c> provide</c><00:15:44.800><c> sensor</c><00:15:45.240><c> resistance</c><00:15:45.600><c> to</c>

00:15:45.790 --> 00:15:45.800 align:start position:0%
already provide sensor resistance to
 

00:15:45.800 --> 00:15:48.309 align:start position:0%
already provide sensor resistance to
ethereum<00:15:46.800><c> uh</c><00:15:46.920><c> in</c><00:15:47.000><c> a</c><00:15:47.199><c> way</c><00:15:47.480><c> that's</c><00:15:47.839><c> doesn't</c><00:15:48.120><c> cost</c>

00:15:48.309 --> 00:15:48.319 align:start position:0%
ethereum uh in a way that's doesn't cost
 

00:15:48.319 --> 00:15:49.790 align:start position:0%
ethereum uh in a way that's doesn't cost
them<00:15:48.519><c> anything</c><00:15:48.920><c> but</c><00:15:49.079><c> it</c><00:15:49.160><c> doesn't</c><00:15:49.399><c> gain</c><00:15:49.600><c> them</c>

00:15:49.790 --> 00:15:49.800 align:start position:0%
them anything but it doesn't gain them
 

00:15:49.800 --> 00:15:52.269 align:start position:0%
them anything but it doesn't gain them
anything<00:15:50.120><c> either</c><00:15:51.000><c> potentially</c><00:15:51.560><c> for</c><00:15:51.720><c> some</c><00:15:51.920><c> use</c>

00:15:52.269 --> 00:15:52.279 align:start position:0%
anything either potentially for some use
 

00:15:52.279 --> 00:15:54.230 align:start position:0%
anything either potentially for some use
cases<00:15:52.639><c> you</c><00:15:52.759><c> want</c><00:15:53.480><c> these</c><00:15:53.680><c> inclusionist</c>

00:15:54.230 --> 00:15:54.240 align:start position:0%
cases you want these inclusionist
 

00:15:54.240 --> 00:15:55.829 align:start position:0%
cases you want these inclusionist
committee<00:15:54.519><c> members</c><00:15:54.800><c> to</c><00:15:55.000><c> actually</c><00:15:55.279><c> gain</c>

00:15:55.829 --> 00:15:55.839 align:start position:0%
committee members to actually gain
 

00:15:55.839 --> 00:15:59.150 align:start position:0%
committee members to actually gain
something<00:15:56.839><c> uh</c><00:15:57.079><c> from</c><00:15:57.480><c> from</c><00:15:57.759><c> providing</c><00:15:58.240><c> this</c>

00:15:59.150 --> 00:15:59.160 align:start position:0%
something uh from from providing this
 

00:15:59.160 --> 00:16:00.910 align:start position:0%
something uh from from providing this
resistance<00:15:59.600><c> service</c><00:16:00.399><c> and</c><00:16:00.560><c> what</c><00:16:00.639><c> you</c><00:16:00.759><c> could</c>

00:16:00.910 --> 00:16:00.920 align:start position:0%
resistance service and what you could
 

00:16:00.920 --> 00:16:03.790 align:start position:0%
resistance service and what you could
think<00:16:01.240><c> here</c><00:16:01.399><c> is</c><00:16:01.519><c> an</c><00:16:01.680><c> Erp</c><00:16:02.319><c> 1459</c><00:16:02.880><c> like</c><00:16:03.160><c> mechanism</c>

00:16:03.790 --> 00:16:03.800 align:start position:0%
think here is an Erp 1459 like mechanism
 

00:16:03.800 --> 00:16:06.350 align:start position:0%
think here is an Erp 1459 like mechanism
where<00:16:04.319><c> the</c><00:16:04.519><c> priority</c><00:16:05.000><c> fees</c><00:16:05.440><c> are</c><00:16:05.639><c> given</c><00:16:05.959><c> to</c>

00:16:06.350 --> 00:16:06.360 align:start position:0%
where the priority fees are given to
 

00:16:06.360 --> 00:16:09.430 align:start position:0%
where the priority fees are given to
those<00:16:06.600><c> who</c><00:16:06.800><c> create</c><00:16:07.160><c> the</c><00:16:07.279><c> inclusion</c><00:16:07.759><c> list</c><00:16:08.759><c> um</c>

00:16:09.430 --> 00:16:09.440 align:start position:0%
those who create the inclusion list um
 

00:16:09.440 --> 00:16:10.990 align:start position:0%
those who create the inclusion list um
potentially<00:16:09.920><c> subject</c><00:16:10.279><c> to</c><00:16:10.480><c> how</c><00:16:10.600><c> much</c><00:16:10.800><c> they</c>

00:16:10.990 --> 00:16:11.000 align:start position:0%
potentially subject to how much they
 

00:16:11.000 --> 00:16:13.069 align:start position:0%
potentially subject to how much they
contributed<00:16:11.519><c> to</c><00:16:12.079><c> individual</c><00:16:12.560><c> transactions</c>

00:16:13.069 --> 00:16:13.079 align:start position:0%
contributed to individual transactions
 

00:16:13.079 --> 00:16:14.069 align:start position:0%
contributed to individual transactions
being

00:16:14.069 --> 00:16:14.079 align:start position:0%
being
 

00:16:14.079 --> 00:16:16.309 align:start position:0%
being
included<00:16:15.079><c> the</c><00:16:15.199><c> general</c><00:16:15.519><c> idea</c><00:16:15.759><c> is</c><00:16:15.880><c> to</c><00:16:16.000><c> make</c><00:16:16.120><c> it</c>

00:16:16.309 --> 00:16:16.319 align:start position:0%
included the general idea is to make it
 

00:16:16.319 --> 00:16:17.990 align:start position:0%
included the general idea is to make it
a<00:16:16.399><c> lot</c><00:16:16.560><c> more</c><00:16:16.759><c> expensive</c><00:16:17.199><c> to</c><00:16:17.360><c> sensor</c>

00:16:17.990 --> 00:16:18.000 align:start position:0%
a lot more expensive to sensor
 

00:16:18.000 --> 00:16:19.790 align:start position:0%
a lot more expensive to sensor
transactions<00:16:19.000><c> uh</c><00:16:19.079><c> you</c><00:16:19.199><c> could</c><00:16:19.319><c> do</c><00:16:19.480><c> this</c><00:16:19.600><c> via</c>

00:16:19.790 --> 00:16:19.800 align:start position:0%
transactions uh you could do this via
 

00:16:19.800 --> 00:16:21.230 align:start position:0%
transactions uh you could do this via
this<00:16:19.920><c> transaction</c><00:16:20.279><c> fee</c><00:16:20.560><c> mechanism</c><00:16:21.040><c> and</c><00:16:21.160><c> you</c>

00:16:21.230 --> 00:16:21.240 align:start position:0%
this transaction fee mechanism and you
 

00:16:21.240 --> 00:16:23.309 align:start position:0%
this transaction fee mechanism and you
could<00:16:21.399><c> also</c><00:16:21.680><c> change</c><00:16:22.000><c> the</c><00:16:22.120><c> way</c><00:16:22.319><c> that</c><00:16:22.680><c> tips</c><00:16:23.079><c> work</c>

00:16:23.309 --> 00:16:23.319 align:start position:0%
could also change the way that tips work
 

00:16:23.319 --> 00:16:24.749 align:start position:0%
could also change the way that tips work
in<00:16:23.480><c> ethereum</c><00:16:23.959><c> potentially</c><00:16:24.319><c> by</c><00:16:24.480><c> having</c>

00:16:24.749 --> 00:16:24.759 align:start position:0%
in ethereum potentially by having
 

00:16:24.759 --> 00:16:27.110 align:start position:0%
in ethereum potentially by having
separate<00:16:25.079><c> tips</c><00:16:25.440><c> for</c><00:16:26.199><c> uh</c><00:16:26.319><c> inclusion</c><00:16:26.759><c> list</c>

00:16:27.110 --> 00:16:27.120 align:start position:0%
separate tips for uh inclusion list
 

00:16:27.120 --> 00:16:29.189 align:start position:0%
separate tips for uh inclusion list
inclusion<00:16:27.680><c> and</c><00:16:27.800><c> block</c><00:16:28.079><c> inclusion</c><00:16:28.560><c> or</c><00:16:29.000><c> having</c>

00:16:29.189 --> 00:16:29.199 align:start position:0%
inclusion and block inclusion or having
 

00:16:29.199 --> 00:16:31.069 align:start position:0%
inclusion and block inclusion or having
a<00:16:29.560><c> conditional</c><00:16:30.360><c> uh</c><00:16:30.519><c> tip</c><00:16:30.800><c> that</c><00:16:30.880><c> was</c>

00:16:31.069 --> 00:16:31.079 align:start position:0%
a conditional uh tip that was
 

00:16:31.079 --> 00:16:34.949 align:start position:0%
a conditional uh tip that was
popularized<00:16:31.680><c> by</c><00:16:31.839><c> Elijah</c><00:16:32.240><c> Fox</c><00:16:32.639><c> Mann</c><00:16:33.279><c> and</c>

00:16:34.949 --> 00:16:34.959 align:start position:0%
popularized by Elijah Fox Mann and
 

00:16:34.959 --> 00:16:37.749 align:start position:0%
popularized by Elijah Fox Mann and
mpai<00:16:35.959><c> and</c><00:16:36.079><c> then</c><00:16:36.279><c> secondly</c><00:16:37.000><c> we're</c><00:16:37.199><c> looking</c><00:16:37.480><c> at</c>

00:16:37.749 --> 00:16:37.759 align:start position:0%
mpai and then secondly we're looking at
 

00:16:37.759 --> 00:16:41.430 align:start position:0%
mpai and then secondly we're looking at
fossil<00:16:38.160><c> for</c><00:16:38.399><c> blobes</c><00:16:39.079><c> so</c><00:16:39.360><c> Erp</c><00:16:40.079><c> 7805</c><00:16:41.040><c> currently</c>

00:16:41.430 --> 00:16:41.440 align:start position:0%
fossil for blobes so Erp 7805 currently
 

00:16:41.440 --> 00:16:43.309 align:start position:0%
fossil for blobes so Erp 7805 currently
doesn't<00:16:41.759><c> support</c><00:16:42.199><c> blobes</c><00:16:42.680><c> although</c><00:16:42.959><c> it</c><00:16:43.079><c> could</c>

00:16:43.309 --> 00:16:43.319 align:start position:0%
doesn't support blobes although it could
 

00:16:43.319 --> 00:16:46.069 align:start position:0%
doesn't support blobes although it could
with<00:16:43.880><c> some</c><00:16:44.079><c> small</c><00:16:44.360><c> changes</c><00:16:44.839><c> potentially</c><00:16:45.839><c> but</c>

00:16:46.069 --> 00:16:46.079 align:start position:0%
with some small changes potentially but
 

00:16:46.079 --> 00:16:48.069 align:start position:0%
with some small changes potentially but
then<00:16:46.600><c> uh</c><00:16:46.680><c> but</c><00:16:46.839><c> taking</c><00:16:47.040><c> it</c><00:16:47.279><c> a</c><00:16:47.399><c> step</c><00:16:47.639><c> further</c><00:16:47.959><c> and</c>

00:16:48.069 --> 00:16:48.079 align:start position:0%
then uh but taking it a step further and
 

00:16:48.079 --> 00:16:49.910 align:start position:0%
then uh but taking it a step further and
looking<00:16:48.319><c> at</c><00:16:48.440><c> full</c><00:16:48.720><c> data</c><00:16:49.000><c> availability</c>

00:16:49.910 --> 00:16:49.920 align:start position:0%
looking at full data availability
 

00:16:49.920 --> 00:16:52.870 align:start position:0%
looking at full data availability
sampling<00:16:50.920><c> um</c><00:16:51.120><c> enforcing</c><00:16:51.560><c> inclusion</c><00:16:51.959><c> is</c>

00:16:52.870 --> 00:16:52.880 align:start position:0%
sampling um enforcing inclusion is
 

00:16:52.880 --> 00:16:54.389 align:start position:0%
sampling um enforcing inclusion is
becomes<00:16:53.079><c> a</c><00:16:53.199><c> bit</c><00:16:53.319><c> more</c><00:16:53.720><c> difficult</c><00:16:54.120><c> because</c>

00:16:54.389 --> 00:16:54.399 align:start position:0%
becomes a bit more difficult because
 

00:16:54.399 --> 00:16:55.949 align:start position:0%
becomes a bit more difficult because
those<00:16:54.560><c> who</c><00:16:54.759><c> enforce</c><00:16:55.120><c> it</c><00:16:55.319><c> need</c><00:16:55.480><c> to</c><00:16:55.600><c> know</c><00:16:55.759><c> that</c>

00:16:55.949 --> 00:16:55.959 align:start position:0%
those who enforce it need to know that
 

00:16:55.959 --> 00:16:57.550 align:start position:0%
those who enforce it need to know that
all<00:16:56.079><c> of</c><00:16:56.160><c> the</c><00:16:56.319><c> data</c><00:16:56.600><c> was</c><00:16:56.759><c> indeed</c><00:16:57.040><c> available</c>

00:16:57.550 --> 00:16:57.560 align:start position:0%
all of the data was indeed available
 

00:16:57.560 --> 00:16:59.230 align:start position:0%
all of the data was indeed available
they<00:16:57.639><c> need</c><00:16:57.800><c> to</c><00:16:57.920><c> know</c><00:16:58.120><c> that</c><00:16:58.279><c> the</c><00:16:58.399><c> block</c><00:16:59.120><c> could</c>

00:16:59.230 --> 00:16:59.240 align:start position:0%
they need to know that the block could
 

00:16:59.240 --> 00:17:01.189 align:start position:0%
they need to know that the block could
have<00:16:59.360><c> included</c><00:16:59.759><c> all</c><00:16:59.839><c> of</c><00:17:00.000><c> these</c><00:17:00.199><c> transactions</c>

00:17:01.189 --> 00:17:01.199 align:start position:0%
have included all of these transactions
 

00:17:01.199 --> 00:17:03.030 align:start position:0%
have included all of these transactions
so<00:17:01.399><c> then</c><00:17:01.519><c> we</c><00:17:01.639><c> could</c><00:17:01.839><c> extend</c><00:17:02.120><c> fil</c><00:17:02.680><c> with</c><00:17:02.800><c> some</c>

00:17:03.030 --> 00:17:03.040 align:start position:0%
so then we could extend fil with some
 

00:17:03.040 --> 00:17:06.110 align:start position:0%
so then we could extend fil with some
extra<00:17:03.560><c> condition</c><00:17:03.959><c> where</c><00:17:04.360><c> the</c><00:17:04.720><c> testers</c><00:17:05.720><c> have</c><00:17:05.959><c> a</c>

00:17:06.110 --> 00:17:06.120 align:start position:0%
extra condition where the testers have a
 

00:17:06.120 --> 00:17:07.549 align:start position:0%
extra condition where the testers have a
good<00:17:06.319><c> view</c><00:17:06.600><c> of</c><00:17:06.760><c> whether</c><00:17:07.000><c> the</c><00:17:07.120><c> data</c><00:17:07.400><c> is</c>

00:17:07.549 --> 00:17:07.559 align:start position:0%
good view of whether the data is
 

00:17:07.559 --> 00:17:09.590 align:start position:0%
good view of whether the data is
available<00:17:07.880><c> or</c><00:17:08.039><c> not</c><00:17:08.319><c> to</c><00:17:08.520><c> again</c><00:17:08.919><c> prevent</c><00:17:09.280><c> split</c>

00:17:09.590 --> 00:17:09.600 align:start position:0%
available or not to again prevent split
 

00:17:09.600 --> 00:17:11.750 align:start position:0%
available or not to again prevent split
view<00:17:09.880><c> types</c><00:17:10.079><c> of</c><00:17:10.240><c> attach</c><00:17:11.039><c> the</c><00:17:11.160><c> important</c><00:17:11.559><c> thing</c>

00:17:11.750 --> 00:17:11.760 align:start position:0%
view types of attach the important thing
 

00:17:11.760 --> 00:17:13.750 align:start position:0%
view types of attach the important thing
here<00:17:11.959><c> is</c><00:17:12.079><c> that</c><00:17:12.319><c> this</c><00:17:12.760><c> fully</c><00:17:13.039><c> builds</c><00:17:13.400><c> upon</c><00:17:13.600><c> the</c>

00:17:13.750 --> 00:17:13.760 align:start position:0%
here is that this fully builds upon the
 

00:17:13.760 --> 00:17:15.309 align:start position:0%
here is that this fully builds upon the
architecture<00:17:14.280><c> that</c><00:17:14.400><c> we're</c><00:17:14.600><c> proposing</c><00:17:15.000><c> within</c>

00:17:15.309 --> 00:17:15.319 align:start position:0%
architecture that we're proposing within
 

00:17:15.319 --> 00:17:17.990 align:start position:0%
architecture that we're proposing within
fosil<00:17:16.319><c> um</c><00:17:16.439><c> so</c><00:17:16.600><c> fosil</c><00:17:16.959><c> is</c><00:17:17.079><c> very</c><00:17:17.199><c> future</c>

00:17:17.990 --> 00:17:18.000 align:start position:0%
fosil um so fosil is very future
 

00:17:18.000 --> 00:17:20.750 align:start position:0%
fosil um so fosil is very future
compatible<00:17:19.000><c> fil</c><00:17:19.400><c> architecture</c><00:17:19.959><c> is</c><00:17:20.199><c> basis</c><00:17:20.480><c> for</c>

00:17:20.750 --> 00:17:20.760 align:start position:0%
compatible fil architecture is basis for
 

00:17:20.760 --> 00:17:22.789 align:start position:0%
compatible fil architecture is basis for
many<00:17:21.000><c> more</c><00:17:21.240><c> extensions</c><00:17:22.120><c> these</c><00:17:22.280><c> are</c><00:17:22.439><c> just</c><00:17:22.559><c> two</c>

00:17:22.789 --> 00:17:22.799 align:start position:0%
many more extensions these are just two
 

00:17:22.799 --> 00:17:24.829 align:start position:0%
many more extensions these are just two
examples<00:17:23.280><c> but</c><00:17:23.400><c> you</c><00:17:23.520><c> could</c><00:17:23.720><c> go</c><00:17:24.240><c> crazy</c><00:17:24.600><c> with</c>

00:17:24.829 --> 00:17:24.839 align:start position:0%
examples but you could go crazy with
 

00:17:24.839 --> 00:17:26.270 align:start position:0%
examples but you could go crazy with
this<00:17:25.120><c> and</c><00:17:25.559><c> um</c><00:17:25.679><c> I</c><00:17:25.760><c> think</c><00:17:25.880><c> it's</c><00:17:26.000><c> a</c><00:17:26.120><c> very</c>

00:17:26.270 --> 00:17:26.280 align:start position:0%
this and um I think it's a very
 

00:17:26.280 --> 00:17:28.909 align:start position:0%
this and um I think it's a very
interesting<00:17:26.640><c> design</c><00:17:27.439><c> space</c><00:17:28.439><c> so</c><00:17:28.600><c> it's</c><00:17:28.679><c> a</c>

00:17:28.909 --> 00:17:28.919 align:start position:0%
interesting design space so it's a
 

00:17:28.919 --> 00:17:31.510 align:start position:0%
interesting design space so it's a
summarize<00:17:29.600><c> also</c><00:17:30.000><c> allows</c><00:17:30.320><c> 16</c><00:17:30.720><c> validators</c><00:17:31.320><c> to</c>

00:17:31.510 --> 00:17:31.520 align:start position:0%
summarize also allows 16 validators to
 

00:17:31.520 --> 00:17:32.950 align:start position:0%
summarize also allows 16 validators to
contribute<00:17:31.919><c> to</c><00:17:32.039><c> blood</c><00:17:32.280><c> construction</c><00:17:32.840><c> which</c>

00:17:32.950 --> 00:17:32.960 align:start position:0%
contribute to blood construction which
 

00:17:32.960 --> 00:17:34.789 align:start position:0%
contribute to blood construction which
is<00:17:33.120><c> currently</c><00:17:33.520><c> very</c><00:17:33.720><c> centralized</c><00:17:34.400><c> and</c><00:17:34.520><c> mostly</c>

00:17:34.789 --> 00:17:34.799 align:start position:0%
is currently very centralized and mostly
 

00:17:34.799 --> 00:17:37.070 align:start position:0%
is currently very centralized and mostly
in<00:17:34.880><c> the</c><00:17:34.960><c> hands</c><00:17:35.160><c> of</c><00:17:35.280><c> two</c><00:17:35.640><c> Builders</c><00:17:36.640><c> the</c><00:17:36.880><c> main</c>

00:17:37.070 --> 00:17:37.080 align:start position:0%
in the hands of two Builders the main
 

00:17:37.080 --> 00:17:38.549 align:start position:0%
in the hands of two Builders the main
goal<00:17:37.320><c> is</c><00:17:37.440><c> to</c><00:17:37.600><c> increase</c><00:17:38.000><c> the</c><00:17:38.120><c> censal</c>

00:17:38.549 --> 00:17:38.559 align:start position:0%
goal is to increase the censal
 

00:17:38.559 --> 00:17:40.870 align:start position:0%
goal is to increase the censal
resistance<00:17:38.919><c> of</c><00:17:39.080><c> ethereum</c><00:17:39.679><c> right</c><00:17:39.840><c> now</c><00:17:40.640><c> and</c><00:17:40.760><c> the</c>

00:17:40.870 --> 00:17:40.880 align:start position:0%
resistance of ethereum right now and the
 

00:17:40.880 --> 00:17:43.750 align:start position:0%
resistance of ethereum right now and the
cyles<00:17:41.520><c> are</c><00:17:41.720><c> to</c><00:17:42.160><c> provide</c><00:17:42.520><c> robustness</c><00:17:43.360><c> against</c>

00:17:43.750 --> 00:17:43.760 align:start position:0%
cyles are to provide robustness against
 

00:17:43.760 --> 00:17:45.710 align:start position:0%
cyles are to provide robustness against
consensus<00:17:44.240><c> layer</c><00:17:44.679><c> and</c><00:17:44.960><c> execution</c><00:17:45.400><c> layer</c>

00:17:45.710 --> 00:17:45.720 align:start position:0%
consensus layer and execution layer
 

00:17:45.720 --> 00:17:47.470 align:start position:0%
consensus layer and execution layer
attacks<00:17:46.160><c> consensus</c><00:17:46.600><c> layer</c><00:17:46.840><c> attacks</c><00:17:47.200><c> again</c>

00:17:47.470 --> 00:17:47.480 align:start position:0%
attacks consensus layer attacks again
 

00:17:47.480 --> 00:17:49.870 align:start position:0%
attacks consensus layer attacks again
being<00:17:47.760><c> the</c><00:17:48.240><c> equivocation</c><00:17:48.919><c> split</c><00:17:49.240><c> view</c>

00:17:49.870 --> 00:17:49.880 align:start position:0%
being the equivocation split view
 

00:17:49.880 --> 00:17:51.710 align:start position:0%
being the equivocation split view
execution<00:17:50.320><c> layer</c><00:17:50.640><c> attacks</c><00:17:51.000><c> being</c><00:17:51.480><c> being</c>

00:17:51.710 --> 00:17:51.720 align:start position:0%
execution layer attacks being being
 

00:17:51.720 --> 00:17:54.350 align:start position:0%
execution layer attacks being being
crowded<00:17:52.160><c> out</c><00:17:52.400><c> by</c><00:17:52.520><c> me</c><00:17:53.039><c> types</c><00:17:53.240><c> of</c><00:17:53.400><c> markets</c><00:17:54.240><c> and</c>

00:17:54.350 --> 00:17:54.360 align:start position:0%
crowded out by me types of markets and
 

00:17:54.360 --> 00:17:56.110 align:start position:0%
crowded out by me types of markets and
the<00:17:54.520><c> second</c><00:17:54.799><c> side</c><00:17:55.039><c> goal</c><00:17:55.240><c> would</c><00:17:55.400><c> be</c><00:17:55.559><c> to</c><00:17:55.679><c> be</c><00:17:55.880><c> very</c>

00:17:56.110 --> 00:17:56.120 align:start position:0%
the second side goal would be to be very
 

00:17:56.120 --> 00:17:58.149 align:start position:0%
the second side goal would be to be very
extendable<00:17:56.760><c> so</c><00:17:56.880><c> we</c><00:17:56.960><c> want</c><00:17:57.200><c> fossil</c><00:17:57.880><c> to</c><00:17:58.000><c> be</c>

00:17:58.149 --> 00:17:58.159 align:start position:0%
extendable so we want fossil to be
 

00:17:58.159 --> 00:18:00.390 align:start position:0%
extendable so we want fossil to be
future<00:17:58.520><c> compat</c><00:17:58.840><c> ible</c><00:17:59.600><c> and</c><00:17:59.720><c> unlock</c><00:18:00.039><c> a</c><00:18:00.200><c> new</c>

00:18:00.390 --> 00:18:00.400 align:start position:0%
future compat ible and unlock a new
 

00:18:00.400 --> 00:18:01.750 align:start position:0%
future compat ible and unlock a new
field<00:18:00.640><c> for</c><00:18:00.840><c> ethereum</c><00:18:01.240><c> that</c><00:18:01.320><c> we</c><00:18:01.400><c> cannot</c>

00:18:01.750 --> 00:18:01.760 align:start position:0%
field for ethereum that we cannot
 

00:18:01.760 --> 00:18:05.029 align:start position:0%
field for ethereum that we cannot
imagine<00:18:02.480><c> now</c><00:18:03.480><c> so</c><00:18:03.640><c> the</c><00:18:03.799><c> next</c><00:18:04.000><c> steps</c><00:18:04.280><c> are</c><00:18:04.640><c> Erp</c>

00:18:05.029 --> 00:18:05.039 align:start position:0%
imagine now so the next steps are Erp
 

00:18:05.039 --> 00:18:07.430 align:start position:0%
imagine now so the next steps are Erp
7805<00:18:05.960><c> is</c><00:18:06.120><c> available</c><00:18:06.799><c> if</c><00:18:06.880><c> you're</c><00:18:07.039><c> interested</c>

00:18:07.430 --> 00:18:07.440 align:start position:0%
7805 is available if you're interested
 

00:18:07.440 --> 00:18:09.909 align:start position:0%
7805 is available if you're interested
please<00:18:07.640><c> scan</c><00:18:07.880><c> the</c><00:18:08.039><c> QR</c><00:18:08.440><c> code</c><00:18:09.240><c> uh</c><00:18:09.320><c> and</c><00:18:09.480><c> v</c><00:18:09.720><c> through</c>

00:18:09.909 --> 00:18:09.919 align:start position:0%
please scan the QR code uh and v through
 

00:18:09.919 --> 00:18:11.549 align:start position:0%
please scan the QR code uh and v through
it<00:18:10.480><c> we're</c><00:18:10.679><c> trying</c><00:18:10.880><c> to</c><00:18:11.000><c> move</c><00:18:11.200><c> towards</c>

00:18:11.549 --> 00:18:11.559 align:start position:0%
it we're trying to move towards
 

00:18:11.559 --> 00:18:13.990 align:start position:0%
it we're trying to move towards
implementation<00:18:12.120><c> in</c><00:18:12.320><c> clients</c><00:18:13.240><c> and</c><00:18:13.440><c> my</c><00:18:13.600><c> call</c><00:18:13.840><c> to</c>

00:18:13.990 --> 00:18:14.000 align:start position:0%
implementation in clients and my call to
 

00:18:14.000 --> 00:18:15.830 align:start position:0%
implementation in clients and my call to
action<00:18:14.240><c> to</c><00:18:14.400><c> you</c><00:18:14.600><c> is</c><00:18:14.799><c> that</c><00:18:15.280><c> please</c><00:18:15.520><c> reach</c><00:18:15.720><c> out</c>

00:18:15.830 --> 00:18:15.840 align:start position:0%
action to you is that please reach out
 

00:18:15.840 --> 00:18:17.230 align:start position:0%
action to you is that please reach out
to<00:18:16.000><c> us</c><00:18:16.200><c> if</c><00:18:16.280><c> you</c><00:18:16.360><c> have</c><00:18:16.520><c> any</c><00:18:16.720><c> questions</c><00:18:17.080><c> about</c>

00:18:17.230 --> 00:18:17.240 align:start position:0%
to us if you have any questions about
 

00:18:17.240 --> 00:18:19.549 align:start position:0%
to us if you have any questions about
fil<00:18:18.159><c> if</c><00:18:18.280><c> you</c><00:18:18.440><c> think</c><00:18:18.720><c> that</c><00:18:18.840><c> fosil</c><00:18:19.280><c> could</c><00:18:19.440><c> be</c>

00:18:19.549 --> 00:18:19.559 align:start position:0%
fil if you think that fosil could be
 

00:18:19.559 --> 00:18:21.950 align:start position:0%
fil if you think that fosil could be
used<00:18:19.799><c> as</c><00:18:19.919><c> a</c><00:18:20.039><c> vehicle</c><00:18:20.360><c> for</c><00:18:20.520><c> me</c><00:18:21.080><c> so</c><00:18:21.600><c> this</c><00:18:21.720><c> is</c><00:18:21.840><c> the</c>

00:18:21.950 --> 00:18:21.960 align:start position:0%
used as a vehicle for me so this is the
 

00:18:21.960 --> 00:18:23.590 align:start position:0%
used as a vehicle for me so this is the
thing<00:18:22.120><c> that</c><00:18:22.240><c> we're</c><00:18:22.400><c> explicitly</c><00:18:22.880><c> designing</c>

00:18:23.590 --> 00:18:23.600 align:start position:0%
thing that we're explicitly designing
 

00:18:23.600 --> 00:18:26.310 align:start position:0%
thing that we're explicitly designing
against<00:18:24.600><c> uh</c><00:18:24.799><c> and</c><00:18:25.039><c> if</c><00:18:25.120><c> you</c><00:18:25.280><c> think</c><00:18:25.640><c> that</c><00:18:26.080><c> you'd</c>

00:18:26.310 --> 00:18:26.320 align:start position:0%
against uh and if you think that you'd
 

00:18:26.320 --> 00:18:28.549 align:start position:0%
against uh and if you think that you'd
like<00:18:26.480><c> to</c><00:18:26.600><c> use</c><00:18:26.840><c> fossil</c><00:18:27.640><c> uh</c><00:18:27.720><c> on</c><00:18:27.880><c> your</c><00:18:28.080><c> layer</c><00:18:28.360><c> to</c>

00:18:28.549 --> 00:18:28.559 align:start position:0%
like to use fossil uh on your layer to
 

00:18:28.559 --> 00:18:30.750 align:start position:0%
like to use fossil uh on your layer to
to<00:18:28.840><c> provide</c><00:18:29.080><c> censorship</c><00:18:29.520><c> resistance</c>

00:18:30.750 --> 00:18:30.760 align:start position:0%
to provide censorship resistance
 

00:18:30.760 --> 00:18:33.549 align:start position:0%
to provide censorship resistance
there<00:18:31.760><c> so</c><00:18:31.919><c> that</c><00:18:32.039><c> was</c><00:18:32.200><c> it</c><00:18:32.440><c> thank</c><00:18:32.600><c> you</c><00:18:32.760><c> very</c><00:18:32.960><c> much</c>

00:18:33.549 --> 00:18:33.559 align:start position:0%
there so that was it thank you very much
 

00:18:33.559 --> 00:18:35.470 align:start position:0%
there so that was it thank you very much
uh<00:18:33.679><c> and</c><00:18:33.760><c> I'll</c><00:18:33.919><c> be</c><00:18:34.039><c> open</c><00:18:34.200><c> to</c><00:18:34.360><c> any</c>

00:18:35.470 --> 00:18:35.480 align:start position:0%
uh and I'll be open to any
 

00:18:35.480 --> 00:18:38.630 align:start position:0%
uh and I'll be open to any
[Music]

00:18:38.630 --> 00:18:38.640 align:start position:0%
[Music]
 

00:18:38.640 --> 00:18:41.190 align:start position:0%
[Music]
questions<00:18:39.640><c> thank</c><00:18:39.799><c> you</c><00:18:40.120><c> and</c><00:18:40.520><c> uh</c><00:18:40.640><c> also</c><00:18:40.960><c> big</c>

00:18:41.190 --> 00:18:41.200 align:start position:0%
questions thank you and uh also big
 

00:18:41.200 --> 00:18:43.390 align:start position:0%
questions thank you and uh also big
apologies<00:18:41.720><c> for</c><00:18:42.360><c> um</c><00:18:42.520><c> calling</c><00:18:42.799><c> out</c><00:18:42.960><c> the</c><00:18:43.159><c> wrong</c>

00:18:43.390 --> 00:18:43.400 align:start position:0%
apologies for um calling out the wrong
 

00:18:43.400 --> 00:18:45.230 align:start position:0%
apologies for um calling out the wrong
name<00:18:43.799><c> um</c><00:18:43.960><c> so</c><00:18:44.120><c> this</c><00:18:44.240><c> is</c><00:18:44.360><c> Julian</c><00:18:44.760><c> marah</c><00:18:45.080><c> from</c>

00:18:45.230 --> 00:18:45.240 align:start position:0%
name um so this is Julian marah from
 

00:18:45.240 --> 00:18:48.029 align:start position:0%
name um so this is Julian marah from
robot<00:18:45.640><c> incentive</c><00:18:46.039><c> group</c><00:18:46.280><c> at</c><00:18:46.440><c> the</c><00:18:46.760><c> EF</c><00:18:47.760><c> um</c><00:18:47.880><c> so</c>

00:18:48.029 --> 00:18:48.039 align:start position:0%
robot incentive group at the EF um so
 

00:18:48.039 --> 00:18:51.430 align:start position:0%
robot incentive group at the EF um so
let's<00:18:48.240><c> get</c><00:18:48.400><c> into</c><00:18:48.600><c> the</c><00:18:48.760><c> Q&amp;A</c><00:18:49.679><c> um</c><00:18:50.320><c> julan</c><00:18:50.840><c> please</c><00:18:51.320><c> U</c>

00:18:51.430 --> 00:18:51.440 align:start position:0%
let's get into the Q&amp;A um julan please U
 

00:18:51.440 --> 00:18:55.190 align:start position:0%
let's get into the Q&amp;A um julan please U
maybe<00:18:51.720><c> oh</c><00:18:51.880><c> yeah</c><00:18:52.640><c> yeah</c><00:18:53.640><c> um</c><00:18:54.600><c> so</c><00:18:54.799><c> the</c><00:18:54.960><c> first</c>

00:18:55.190 --> 00:18:55.200 align:start position:0%
maybe oh yeah yeah um so the first
 

00:18:55.200 --> 00:18:58.430 align:start position:0%
maybe oh yeah yeah um so the first
question<00:18:55.679><c> the</c><00:18:56.120><c> I</c><00:18:56.720><c> committee</c><00:18:57.720><c> introduces</c><00:18:58.320><c> for</c>

00:18:58.430 --> 00:18:58.440 align:start position:0%
question the I committee introduces for
 

00:18:58.440 --> 00:19:00.710 align:start position:0%
question the I committee introduces for
the<00:18:58.520><c> first</c><00:18:58.919><c> time</c><00:18:59.080><c> a</c><00:18:59.240><c> duty</c><00:18:59.799><c> for</c><00:19:00.120><c> validators</c>

00:19:00.710 --> 00:19:00.720 align:start position:0%
the first time a duty for validators
 

00:19:00.720 --> 00:19:03.390 align:start position:0%
the first time a duty for validators
that<00:19:00.880><c> require</c><00:19:01.240><c> mempo</c><00:19:01.760><c> access</c><00:19:02.600><c> are</c><00:19:02.919><c> there</c><00:19:03.200><c> any</c>

00:19:03.390 --> 00:19:03.400 align:start position:0%
that require mempo access are there any
 

00:19:03.400 --> 00:19:05.470 align:start position:0%
that require mempo access are there any
concerns<00:19:03.880><c> with</c><00:19:04.120><c> this</c><00:19:05.120><c> yeah</c><00:19:05.200><c> that's</c><00:19:05.320><c> an</c>

00:19:05.470 --> 00:19:05.480 align:start position:0%
concerns with this yeah that's an
 

00:19:05.480 --> 00:19:08.430 align:start position:0%
concerns with this yeah that's an
interesting<00:19:05.919><c> question</c><00:19:06.280><c> so</c><00:19:07.280><c> um</c><00:19:07.840><c> currently</c><00:19:08.280><c> in</c>

00:19:08.430 --> 00:19:08.440 align:start position:0%
interesting question so um currently in
 

00:19:08.440 --> 00:19:10.230 align:start position:0%
interesting question so um currently in
ethereum<00:19:08.919><c> validators</c><00:19:09.440><c> need</c><00:19:09.600><c> to</c><00:19:09.760><c> have</c><00:19:10.000><c> access</c>

00:19:10.230 --> 00:19:10.240 align:start position:0%
ethereum validators need to have access
 

00:19:10.240 --> 00:19:12.149 align:start position:0%
ethereum validators need to have access
to<00:19:10.400><c> the</c><00:19:10.520><c> menol</c><00:19:10.960><c> anyway</c><00:19:11.320><c> because</c><00:19:11.799><c> sometimes</c>

00:19:12.149 --> 00:19:12.159 align:start position:0%
to the menol anyway because sometimes
 

00:19:12.159 --> 00:19:15.390 align:start position:0%
to the menol anyway because sometimes
they<00:19:13.159><c> um</c><00:19:13.520><c> in</c><00:19:13.679><c> principle</c><00:19:14.159><c> from</c><00:19:14.320><c> the</c><00:19:14.480><c> etherum</c>

00:19:15.390 --> 00:19:15.400 align:start position:0%
they um in principle from the etherum
 

00:19:15.400 --> 00:19:17.270 align:start position:0%
they um in principle from the etherum
protocol<00:19:16.360><c> they</c><00:19:16.720><c> they</c><00:19:16.799><c> are</c><00:19:16.960><c> asked</c><00:19:17.159><c> to</c>

00:19:17.270 --> 00:19:17.280 align:start position:0%
protocol they they are asked to
 

00:19:17.280 --> 00:19:19.190 align:start position:0%
protocol they they are asked to
construct<00:19:17.679><c> blocks</c><00:19:18.280><c> most</c><00:19:18.440><c> of</c><00:19:18.600><c> them</c><00:19:18.760><c> Outsource</c>

00:19:19.190 --> 00:19:19.200 align:start position:0%
construct blocks most of them Outsource
 

00:19:19.200 --> 00:19:21.270 align:start position:0%
construct blocks most of them Outsource
this<00:19:19.400><c> vmf</c><00:19:19.840><c> boost</c><00:19:20.159><c> but</c><00:19:20.280><c> currently</c><00:19:20.679><c> validators</c>

00:19:21.270 --> 00:19:21.280 align:start position:0%
this vmf boost but currently validators
 

00:19:21.280 --> 00:19:23.510 align:start position:0%
this vmf boost but currently validators
have<00:19:21.480><c> access</c><00:19:21.720><c> to</c><00:19:21.840><c> the</c><00:19:22.000><c> mle</c><00:19:22.960><c> uh</c><00:19:23.080><c> so</c><00:19:23.200><c> now</c><00:19:23.360><c> we're</c>

00:19:23.510 --> 00:19:23.520 align:start position:0%
have access to the mle uh so now we're
 

00:19:23.520 --> 00:19:25.789 align:start position:0%
have access to the mle uh so now we're
introducing<00:19:24.520><c> uh</c><00:19:24.640><c> some</c><00:19:24.840><c> way</c><00:19:25.039><c> that</c><00:19:25.240><c> this</c><00:19:25.360><c> is</c>

00:19:25.789 --> 00:19:25.799 align:start position:0%
introducing uh some way that this is
 

00:19:25.799 --> 00:19:28.830 align:start position:0%
introducing uh some way that this is
necessary<00:19:26.360><c> I</c><00:19:26.559><c> guess</c><00:19:27.320><c> even</c><00:19:28.000><c> if</c><00:19:28.159><c> there's</c><00:19:28.320><c> a</c><00:19:28.440><c> very</c>

00:19:28.830 --> 00:19:28.840 align:start position:0%
necessary I guess even if there's a very
 

00:19:28.840 --> 00:19:30.110 align:start position:0%
necessary I guess even if there's a very
strict<00:19:29.080><c> reason</c><00:19:29.360><c> why</c><00:19:29.480><c> you</c><00:19:29.559><c> don't</c><00:19:29.720><c> want</c><00:19:29.799><c> to</c><00:19:29.960><c> have</c>

00:19:30.110 --> 00:19:30.120 align:start position:0%
strict reason why you don't want to have
 

00:19:30.120 --> 00:19:32.270 align:start position:0%
strict reason why you don't want to have
access<00:19:30.440><c> you</c><00:19:30.520><c> could</c><00:19:30.679><c> also</c><00:19:30.919><c> just</c><00:19:31.600><c> propose</c><00:19:32.159><c> an</c>

00:19:32.270 --> 00:19:32.280 align:start position:0%
access you could also just propose an
 

00:19:32.280 --> 00:19:33.750 align:start position:0%
access you could also just propose an
empty<00:19:32.559><c> inclusion</c><00:19:33.000><c> list</c><00:19:33.159><c> and</c><00:19:33.280><c> then</c><00:19:33.440><c> again</c><00:19:33.600><c> we</c>

00:19:33.750 --> 00:19:33.760 align:start position:0%
empty inclusion list and then again we
 

00:19:33.760 --> 00:19:35.350 align:start position:0%
empty inclusion list and then again we
rely<00:19:34.039><c> on</c><00:19:34.200><c> that</c><00:19:34.360><c> there's</c><00:19:34.559><c> at</c><00:19:34.679><c> least</c><00:19:34.880><c> one</c><00:19:35.120><c> person</c>

00:19:35.350 --> 00:19:35.360 align:start position:0%
rely on that there's at least one person
 

00:19:35.360 --> 00:19:38.190 align:start position:0%
rely on that there's at least one person
willing<00:19:35.679><c> to</c><00:19:35.840><c> make</c><00:19:36.000><c> an</c><00:19:36.120><c> inclusion</c><00:19:36.799><c> list</c><00:19:37.799><c> um</c><00:19:38.080><c> I</c>

00:19:38.190 --> 00:19:38.200 align:start position:0%
willing to make an inclusion list um I
 

00:19:38.200 --> 00:19:39.310 align:start position:0%
willing to make an inclusion list um I
think<00:19:38.360><c> this</c><00:19:38.480><c> shouldn't</c><00:19:38.720><c> be</c><00:19:38.840><c> a</c><00:19:39.000><c> problem</c>

00:19:39.310 --> 00:19:39.320 align:start position:0%
think this shouldn't be a problem
 

00:19:39.320 --> 00:19:41.549 align:start position:0%
think this shouldn't be a problem
validators<00:19:39.960><c> if</c><00:19:40.120><c> they</c><00:19:40.240><c> want</c><00:19:40.520><c> they</c><00:19:40.640><c> can</c><00:19:40.799><c> run</c><00:19:41.440><c> a</c>

00:19:41.549 --> 00:19:41.559 align:start position:0%
validators if they want they can run a
 

00:19:41.559 --> 00:19:43.590 align:start position:0%
validators if they want they can run a
version<00:19:41.799><c> of</c><00:19:41.919><c> the</c><00:19:42.000><c> mle</c><00:19:42.400><c> that's</c><00:19:43.039><c> well</c><00:19:43.240><c> suited</c>

00:19:43.590 --> 00:19:43.600 align:start position:0%
version of the mle that's well suited
 

00:19:43.600 --> 00:19:46.590 align:start position:0%
version of the mle that's well suited
for<00:19:43.799><c> them</c><00:19:44.600><c> um</c><00:19:45.600><c> yeah</c><00:19:45.760><c> so</c><00:19:46.000><c> I</c><00:19:46.120><c> I</c><00:19:46.200><c> don't</c><00:19:46.360><c> think</c><00:19:46.480><c> this</c>

00:19:46.590 --> 00:19:46.600 align:start position:0%
for them um yeah so I I don't think this
 

00:19:46.600 --> 00:19:47.870 align:start position:0%
for them um yeah so I I don't think this
should<00:19:46.760><c> be</c><00:19:46.840><c> a</c><00:19:46.960><c> big</c>

00:19:47.870 --> 00:19:47.880 align:start position:0%
should be a big
 

00:19:47.880 --> 00:19:50.750 align:start position:0%
should be a big
problem<00:19:48.880><c> next</c><00:19:49.159><c> question</c><00:19:50.000><c> uh</c><00:19:50.200><c> how</c><00:19:50.360><c> does</c><00:19:50.559><c> the</c>

00:19:50.750 --> 00:19:50.760 align:start position:0%
problem next question uh how does the
 

00:19:50.760 --> 00:19:52.830 align:start position:0%
problem next question uh how does the
validator<00:19:51.440><c> access</c><00:19:51.760><c> the</c><00:19:51.880><c> mempo</c><00:19:52.360><c> and</c><00:19:52.480><c> how</c><00:19:52.679><c> does</c>

00:19:52.830 --> 00:19:52.840 align:start position:0%
validator access the mempo and how does
 

00:19:52.840 --> 00:19:55.830 align:start position:0%
validator access the mempo and how does
it<00:19:52.960><c> select</c><00:19:53.679><c> transactions</c><00:19:54.679><c> yeah</c><00:19:54.919><c> so</c><00:19:55.559><c> um</c><00:19:55.720><c> I'm</c>

00:19:55.830 --> 00:19:55.840 align:start position:0%
it select transactions yeah so um I'm
 

00:19:55.840 --> 00:19:57.430 align:start position:0%
it select transactions yeah so um I'm
not<00:19:55.960><c> sure</c><00:19:56.120><c> if</c><00:19:56.240><c> this</c><00:19:56.320><c> is</c><00:19:56.480><c> like</c><00:19:56.600><c> more</c><00:19:56.760><c> of</c><00:19:56.880><c> a</c><00:19:57.039><c> a</c><00:19:57.159><c> Dev</c>

00:19:57.430 --> 00:19:57.440 align:start position:0%
not sure if this is like more of a a Dev
 

00:19:57.440 --> 00:20:00.310 align:start position:0%
not sure if this is like more of a a Dev
side<00:19:57.600><c> of</c><00:19:58.080><c> question</c><00:19:58.320><c> or</c><00:19:58.679><c> rearch</c><00:19:59.120><c> question</c><00:20:00.120><c> uh</c>

00:20:00.310 --> 00:20:00.320 align:start position:0%
side of question or rearch question uh
 

00:20:00.320 --> 00:20:01.430 align:start position:0%
side of question or rearch question uh
coming<00:20:00.559><c> from</c><00:20:00.679><c> the</c><00:20:00.760><c> research</c><00:20:01.120><c> side</c><00:20:01.280><c> I'll</c>

00:20:01.430 --> 00:20:01.440 align:start position:0%
coming from the research side I'll
 

00:20:01.440 --> 00:20:03.070 align:start position:0%
coming from the research side I'll
answer<00:20:01.640><c> it</c><00:20:01.799><c> as</c><00:20:01.919><c> a</c><00:20:02.120><c> as</c><00:20:02.200><c> a</c><00:20:02.280><c> research</c><00:20:02.679><c> question</c><00:20:02.960><c> I</c>

00:20:03.070 --> 00:20:03.080 align:start position:0%
answer it as a as a research question I
 

00:20:03.080 --> 00:20:05.789 align:start position:0%
answer it as a as a research question I
guess<00:20:03.480><c> so</c><00:20:03.679><c> how</c><00:20:03.840><c> does</c><00:20:03.960><c> it</c><00:20:04.080><c> select</c><00:20:04.799><c> transactions</c>

00:20:05.789 --> 00:20:05.799 align:start position:0%
guess so how does it select transactions
 

00:20:05.799 --> 00:20:08.070 align:start position:0%
guess so how does it select transactions
um<00:20:06.240><c> this</c><00:20:06.480><c> could</c><00:20:06.679><c> be</c><00:20:06.840><c> to</c><00:20:07.000><c> maximize</c><00:20:07.520><c> some</c><00:20:07.880><c> some</c>

00:20:08.070 --> 00:20:08.080 align:start position:0%
um this could be to maximize some some
 

00:20:08.080 --> 00:20:09.510 align:start position:0%
um this could be to maximize some some
objective<00:20:08.440><c> function</c><00:20:08.720><c> that</c><00:20:08.880><c> they</c><00:20:09.000><c> have</c><00:20:09.159><c> for</c>

00:20:09.510 --> 00:20:09.520 align:start position:0%
objective function that they have for
 

00:20:09.520 --> 00:20:11.510 align:start position:0%
objective function that they have for
themselves<00:20:10.400><c> uh</c><00:20:10.559><c> maybe</c><00:20:10.760><c> they</c><00:20:10.880><c> want</c><00:20:11.039><c> to</c><00:20:11.159><c> include</c>

00:20:11.510 --> 00:20:11.520 align:start position:0%
themselves uh maybe they want to include
 

00:20:11.520 --> 00:20:13.510 align:start position:0%
themselves uh maybe they want to include
transactions<00:20:12.400><c> because</c><00:20:12.840><c> they</c><00:20:13.159><c> they</c><00:20:13.280><c> think</c>

00:20:13.510 --> 00:20:13.520 align:start position:0%
transactions because they they think
 

00:20:13.520 --> 00:20:15.270 align:start position:0%
transactions because they they think
that<00:20:13.679><c> regulatory</c><00:20:14.159><c> censorship</c><00:20:14.679><c> is</c><00:20:14.840><c> very</c><00:20:15.039><c> bad</c>

00:20:15.270 --> 00:20:15.280 align:start position:0%
that regulatory censorship is very bad
 

00:20:15.280 --> 00:20:16.350 align:start position:0%
that regulatory censorship is very bad
or<00:20:15.440><c> maybe</c><00:20:15.679><c> they</c><00:20:15.799><c> want</c><00:20:15.919><c> to</c><00:20:16.039><c> include</c>

00:20:16.350 --> 00:20:16.360 align:start position:0%
or maybe they want to include
 

00:20:16.360 --> 00:20:18.310 align:start position:0%
or maybe they want to include
transactions<00:20:16.880><c> because</c><00:20:17.080><c> they</c><00:20:17.200><c> don't</c><00:20:17.400><c> want</c><00:20:18.200><c> uh</c>

00:20:18.310 --> 00:20:18.320 align:start position:0%
transactions because they don't want uh
 

00:20:18.320 --> 00:20:20.390 align:start position:0%
transactions because they don't want uh
people<00:20:18.559><c> to</c><00:20:18.760><c> mess</c><00:20:19.080><c> with</c><00:20:19.360><c> how</c><00:20:19.640><c> their</c><00:20:19.960><c> favorite</c>

00:20:20.390 --> 00:20:20.400 align:start position:0%
people to mess with how their favorite
 

00:20:20.400 --> 00:20:22.430 align:start position:0%
people to mess with how their favorite
application<00:20:20.880><c> works</c><00:20:21.159><c> or</c><00:20:21.360><c> whatever</c><00:20:22.000><c> for</c><00:20:22.159><c> so</c><00:20:22.280><c> for</c>

00:20:22.430 --> 00:20:22.440 align:start position:0%
application works or whatever for so for
 

00:20:22.440 --> 00:20:24.630 align:start position:0%
application works or whatever for so for
economic<00:20:22.960><c> reasons</c><00:20:23.960><c> um</c><00:20:24.120><c> in</c><00:20:24.280><c> principle</c>

00:20:24.630 --> 00:20:24.640 align:start position:0%
economic reasons um in principle
 

00:20:24.640 --> 00:20:26.149 align:start position:0%
economic reasons um in principle
inclusionist<00:20:25.159><c> committee</c><00:20:25.440><c> members</c><00:20:25.720><c> are</c><00:20:25.880><c> free</c>

00:20:26.149 --> 00:20:26.159 align:start position:0%
inclusionist committee members are free
 

00:20:26.159 --> 00:20:27.789 align:start position:0%
inclusionist committee members are free
to<00:20:26.360><c> construct</c><00:20:26.720><c> their</c><00:20:26.840><c> inclusionist</c><00:20:27.480><c> as</c><00:20:27.600><c> they</c>

00:20:27.789 --> 00:20:27.799 align:start position:0%
to construct their inclusionist as they
 

00:20:27.799 --> 00:20:29.870 align:start position:0%
to construct their inclusionist as they
like<00:20:28.520><c> um</c><00:20:28.799><c> and</c><00:20:29.000><c> since</c><00:20:29.200><c> there</c><00:20:29.320><c> are</c><00:20:29.440><c> no</c><00:20:29.559><c> rewards</c>

00:20:29.870 --> 00:20:29.880 align:start position:0%
like um and since there are no rewards
 

00:20:29.880 --> 00:20:32.470 align:start position:0%
like um and since there are no rewards
for<00:20:30.120><c> this</c><00:20:30.840><c> um</c><00:20:31.600><c> there's</c><00:20:31.799><c> no</c><00:20:31.960><c> reason</c><00:20:32.240><c> why</c><00:20:32.360><c> you</c>

00:20:32.470 --> 00:20:32.480 align:start position:0%
for this um there's no reason why you
 

00:20:32.480 --> 00:20:33.870 align:start position:0%
for this um there's no reason why you
wouldn't<00:20:32.760><c> for</c><00:20:32.919><c> example</c><00:20:33.200><c> order</c><00:20:33.520><c> and</c><00:20:33.679><c> buy</c>

00:20:33.870 --> 00:20:33.880 align:start position:0%
wouldn't for example order and buy
 

00:20:33.880 --> 00:20:37.149 align:start position:0%
wouldn't for example order and buy
priority<00:20:34.320><c> fee</c><00:20:35.320><c> um</c><00:20:35.559><c> on</c><00:20:35.679><c> the</c><00:20:35.799><c> de</c><00:20:36.240><c> side</c><00:20:36.919><c> um</c>

00:20:37.149 --> 00:20:37.159 align:start position:0%
priority fee um on the de side um
 

00:20:37.159 --> 00:20:39.510 align:start position:0%
priority fee um on the de side um
potentially<00:20:37.799><c> like</c><00:20:38.000><c> catches</c><00:20:38.440><c> later</c><00:20:39.039><c> teren</c><00:20:39.360><c> is</c>

00:20:39.510 --> 00:20:39.520 align:start position:0%
potentially like catches later teren is
 

00:20:39.520 --> 00:20:42.230 align:start position:0%
potentially like catches later teren is
here<00:20:39.679><c> as</c><00:20:39.840><c> well</c><00:20:40.840><c> um</c><00:20:41.640><c> yeah</c><00:20:41.760><c> I</c><00:20:41.840><c> think</c><00:20:42.039><c> that</c><00:20:42.120><c> will</c>

00:20:42.230 --> 00:20:42.240 align:start position:0%
here as well um yeah I think that will
 

00:20:42.240 --> 00:20:43.390 align:start position:0%
here as well um yeah I think that will
be<00:20:42.360><c> better</c><00:20:42.559><c> to</c><00:20:42.720><c> do</c>

00:20:43.390 --> 00:20:43.400 align:start position:0%
be better to do
 

00:20:43.400 --> 00:20:46.870 align:start position:0%
be better to do
later<00:20:44.400><c> right</c><00:20:45.200><c> uh</c><00:20:45.360><c> next</c><00:20:45.640><c> question</c><00:20:46.440><c> will</c><00:20:46.720><c> there</c>

00:20:46.870 --> 00:20:46.880 align:start position:0%
later right uh next question will there
 

00:20:46.880 --> 00:20:49.990 align:start position:0%
later right uh next question will there
be<00:20:47.120><c> PBS</c><00:20:47.520><c> style</c><00:20:47.840><c> Marketplace</c><00:20:48.360><c> for</c><00:20:49.280><c> uh</c><00:20:49.400><c> forming</c>

00:20:49.990 --> 00:20:50.000 align:start position:0%
be PBS style Marketplace for uh forming
 

00:20:50.000 --> 00:20:52.310 align:start position:0%
be PBS style Marketplace for uh forming
for<00:20:50.559><c> inclusion</c><00:20:51.039><c> lists</c><00:20:51.559><c> it</c><00:20:51.679><c> seems</c><00:20:51.919><c> to</c><00:20:52.000><c> be</c><00:20:52.159><c> just</c>

00:20:52.310 --> 00:20:52.320 align:start position:0%
for inclusion lists it seems to be just
 

00:20:52.320 --> 00:20:54.149 align:start position:0%
for inclusion lists it seems to be just
another<00:20:52.679><c> block</c><00:20:52.960><c> space</c><00:20:53.240><c> consumption</c><00:20:53.720><c> design</c>

00:20:54.149 --> 00:20:54.159 align:start position:0%
another block space consumption design
 

00:20:54.159 --> 00:20:57.310 align:start position:0%
another block space consumption design
from<00:20:54.360><c> that</c><00:20:55.039><c> perspective</c><00:20:56.039><c> yeah</c><00:20:56.600><c> um</c><00:20:56.760><c> so</c><00:20:57.120><c> we're</c>

00:20:57.310 --> 00:20:57.320 align:start position:0%
from that perspective yeah um so we're
 

00:20:57.320 --> 00:20:58.990 align:start position:0%
from that perspective yeah um so we're
very<00:20:57.559><c> aware</c><00:20:57.799><c> of</c><00:20:57.960><c> this</c><00:20:58.240><c> and</c><00:20:58.600><c> fossil</c><00:20:58.880><c> is</c>

00:20:58.990 --> 00:20:59.000 align:start position:0%
very aware of this and fossil is
 

00:20:59.000 --> 00:21:01.789 align:start position:0%
very aware of this and fossil is
designed<00:20:59.600><c> explicitly</c><00:21:00.240><c> to</c><00:21:00.480><c> not</c><00:21:01.200><c> uh</c><00:21:01.320><c> Foster</c>

00:21:01.789 --> 00:21:01.799 align:start position:0%
designed explicitly to not uh Foster
 

00:21:01.799 --> 00:21:05.070 align:start position:0%
designed explicitly to not uh Foster
such<00:21:02.039><c> a</c><00:21:02.600><c> such</c><00:21:02.760><c> a</c><00:21:02.960><c> market</c><00:21:03.600><c> for</c><00:21:04.080><c> outsourcing</c>

00:21:05.070 --> 00:21:05.080 align:start position:0%
such a such a market for outsourcing
 

00:21:05.080 --> 00:21:06.830 align:start position:0%
such a such a market for outsourcing
some<00:21:05.360><c> key</c><00:21:05.600><c> observations</c><00:21:06.159><c> here</c><00:21:06.320><c> are</c><00:21:06.480><c> that</c><00:21:06.640><c> meev</c>

00:21:06.830 --> 00:21:06.840 align:start position:0%
some key observations here are that meev
 

00:21:06.840 --> 00:21:09.070 align:start position:0%
some key observations here are that meev
boost<00:21:07.120><c> relies</c><00:21:07.440><c> on</c><00:21:07.679><c> economies</c><00:21:08.080><c> of</c><00:21:08.240><c> skill</c><00:21:08.960><c> there</c>

00:21:09.070 --> 00:21:09.080 align:start position:0%
boost relies on economies of skill there
 

00:21:09.080 --> 00:21:11.909 align:start position:0%
boost relies on economies of skill there
are<00:21:09.240><c> high</c><00:21:09.440><c> barriers</c><00:21:09.799><c> of</c><00:21:10.000><c> Entry</c><00:21:10.480><c> because</c><00:21:10.679><c> of</c><00:21:11.679><c> um</c>

00:21:11.909 --> 00:21:11.919 align:start position:0%
are high barriers of Entry because of um
 

00:21:11.919 --> 00:21:13.070 align:start position:0%
are high barriers of Entry because of um
because<00:21:12.080><c> of</c><00:21:12.240><c> private</c><00:21:12.480><c> order</c><00:21:12.679><c> flow</c><00:21:12.919><c> and</c><00:21:13.000><c> the</c>

00:21:13.070 --> 00:21:13.080 align:start position:0%
because of private order flow and the
 

00:21:13.080 --> 00:21:14.350 align:start position:0%
because of private order flow and the
economies<00:21:13.440><c> of</c><00:21:13.520><c> skill</c><00:21:13.840><c> come</c><00:21:14.039><c> because</c><00:21:14.240><c> it's</c>

00:21:14.350 --> 00:21:14.360 align:start position:0%
economies of skill come because it's
 

00:21:14.360 --> 00:21:16.870 align:start position:0%
economies of skill come because it's
very<00:21:14.840><c> difficult</c><00:21:14.960><c> to</c><00:21:15.200><c> construct</c><00:21:16.200><c> uh</c><00:21:16.559><c> a</c><00:21:16.679><c> very</c>

00:21:16.870 --> 00:21:16.880 align:start position:0%
very difficult to construct uh a very
 

00:21:16.880 --> 00:21:19.149 align:start position:0%
very difficult to construct uh a very
valuable<00:21:17.320><c> block</c><00:21:18.240><c> uh</c><00:21:18.360><c> and</c><00:21:18.520><c> this</c><00:21:18.679><c> makes</c><00:21:19.000><c> that</c>

00:21:19.149 --> 00:21:19.159 align:start position:0%
valuable block uh and this makes that
 

00:21:19.159 --> 00:21:21.110 align:start position:0%
valuable block uh and this makes that
it's<00:21:19.400><c> individually</c><00:21:20.000><c> rational</c><00:21:20.360><c> to</c><00:21:20.520><c> Outsource</c>

00:21:21.110 --> 00:21:21.120 align:start position:0%
it's individually rational to Outsource
 

00:21:21.120 --> 00:21:24.110 align:start position:0%
it's individually rational to Outsource
my<00:21:21.320><c> block</c><00:21:21.600><c> construction</c><00:21:22.120><c> to</c><00:21:22.320><c> some</c><00:21:23.000><c> M</c><00:21:23.200><c> boost</c><00:21:23.880><c> uh</c>

00:21:24.110 --> 00:21:24.120 align:start position:0%
my block construction to some M boost uh
 

00:21:24.120 --> 00:21:26.510 align:start position:0%
my block construction to some M boost uh
builder<00:21:25.120><c> for</c><00:21:25.440><c> FAL</c><00:21:25.840><c> inclusion</c><00:21:26.200><c> list</c><00:21:26.400><c> this</c>

00:21:26.510 --> 00:21:26.520 align:start position:0%
builder for FAL inclusion list this
 

00:21:26.520 --> 00:21:29.310 align:start position:0%
builder for FAL inclusion list this
isn't<00:21:26.799><c> the</c><00:21:26.960><c> case</c><00:21:27.440><c> so</c><00:21:28.120><c> uh</c><00:21:28.559><c> reting</c><00:21:28.919><c> inclusion</c>

00:21:29.310 --> 00:21:29.320 align:start position:0%
isn't the case so uh reting inclusion
 

00:21:29.320 --> 00:21:30.909 align:start position:0%
isn't the case so uh reting inclusion
list<00:21:29.520><c> is</c><00:21:29.679><c> very</c><00:21:29.919><c> easy</c><00:21:30.320><c> because</c><00:21:30.520><c> you</c><00:21:30.679><c> just</c>

00:21:30.909 --> 00:21:30.919 align:start position:0%
list is very easy because you just
 

00:21:30.919 --> 00:21:32.990 align:start position:0%
list is very easy because you just
select<00:21:31.279><c> transactions</c><00:21:31.840><c> based</c><00:21:32.039><c> on</c><00:21:32.159><c> some</c><00:21:32.400><c> heris</c>

00:21:32.990 --> 00:21:33.000 align:start position:0%
select transactions based on some heris
 

00:21:33.000 --> 00:21:35.190 align:start position:0%
select transactions based on some heris
that<00:21:33.159><c> you</c><00:21:33.360><c> like</c><00:21:34.240><c> uh</c><00:21:34.360><c> they're</c><00:21:34.559><c> not</c><00:21:34.760><c> that</c><00:21:34.919><c> big</c><00:21:35.120><c> I</c>

00:21:35.190 --> 00:21:35.200 align:start position:0%
that you like uh they're not that big I
 

00:21:35.200 --> 00:21:37.430 align:start position:0%
that you like uh they're not that big I
mean<00:21:35.360><c> you</c><00:21:35.440><c> could</c><00:21:35.559><c> include</c><00:21:35.880><c> 12</c><00:21:36.559><c> 20</c><00:21:37.080><c> average</c>

00:21:37.430 --> 00:21:37.440 align:start position:0%
mean you could include 12 20 average
 

00:21:37.440 --> 00:21:40.190 align:start position:0%
mean you could include 12 20 average
size<00:21:38.039><c> transactions</c><00:21:39.039><c> um</c><00:21:39.360><c> and</c><00:21:39.679><c> you</c><00:21:39.799><c> don't</c><00:21:40.039><c> have</c>

00:21:40.190 --> 00:21:40.200 align:start position:0%
size transactions um and you don't have
 

00:21:40.200 --> 00:21:41.950 align:start position:0%
size transactions um and you don't have
any<00:21:40.320><c> ordering</c><00:21:40.799><c> guarantees</c><00:21:41.240><c> over</c><00:21:41.480><c> this</c><00:21:41.600><c> so</c><00:21:41.760><c> you</c>

00:21:41.950 --> 00:21:41.960 align:start position:0%
any ordering guarantees over this so you
 

00:21:41.960 --> 00:21:43.830 align:start position:0%
any ordering guarantees over this so you
can't<00:21:42.320><c> run</c><00:21:42.600><c> sophisticated</c><00:21:43.159><c> algorithms</c><00:21:43.679><c> to</c>

00:21:43.830 --> 00:21:43.840 align:start position:0%
can't run sophisticated algorithms to
 

00:21:43.840 --> 00:21:46.789 align:start position:0%
can't run sophisticated algorithms to
say<00:21:44.600><c> what</c><00:21:45.480><c> uh</c><00:21:45.600><c> value</c><00:21:45.919><c> can</c><00:21:46.039><c> I</c><00:21:46.120><c> extract</c><00:21:46.559><c> from</c>

00:21:46.789 --> 00:21:46.799 align:start position:0%
say what uh value can I extract from
 

00:21:46.799 --> 00:21:50.029 align:start position:0%
say what uh value can I extract from
these<00:21:47.520><c> um</c><00:21:48.520><c> from</c><00:21:48.720><c> these</c><00:21:48.880><c> transactions</c><00:21:49.880><c> you</c>

00:21:50.029 --> 00:21:50.039 align:start position:0%
these um from these transactions you
 

00:21:50.039 --> 00:21:51.630 align:start position:0%
these um from these transactions you
have<00:21:50.159><c> to</c><00:21:50.320><c> commit</c><00:21:50.640><c> 3</c><00:21:50.840><c> seconds</c><00:21:51.240><c> before</c><00:21:51.520><c> the</c>

00:21:51.630 --> 00:21:51.640 align:start position:0%
have to commit 3 seconds before the
 

00:21:51.640 --> 00:21:53.750 align:start position:0%
have to commit 3 seconds before the
block<00:21:51.880><c> producer</c><00:21:52.240><c> so</c><00:21:52.400><c> doing</c><00:21:52.679><c> any</c><00:21:52.840><c> Arbitrage</c><00:21:53.440><c> is</c>

00:21:53.750 --> 00:21:53.760 align:start position:0%
block producer so doing any Arbitrage is
 

00:21:53.760 --> 00:21:55.390 align:start position:0%
block producer so doing any Arbitrage is
is<00:21:53.960><c> basically</c><00:21:54.320><c> impossible</c><00:21:54.720><c> if</c><00:21:54.799><c> it</c><00:21:54.919><c> were</c><00:21:55.120><c> not</c>

00:21:55.390 --> 00:21:55.400 align:start position:0%
is basically impossible if it were not
 

00:21:55.400 --> 00:21:56.549 align:start position:0%
is basically impossible if it were not
already<00:21:55.600><c> impossible</c><00:21:56.159><c> because</c><00:21:56.320><c> of</c><00:21:56.440><c> the</c>

00:21:56.549 --> 00:21:56.559 align:start position:0%
already impossible because of the
 

00:21:56.559 --> 00:21:58.830 align:start position:0%
already impossible because of the
ordering<00:21:57.400><c> there's</c><00:21:57.640><c> no</c><00:21:57.880><c> private</c><00:21:58.159><c> order</c>

00:21:58.830 --> 00:21:58.840 align:start position:0%
ordering there's no private order
 

00:21:58.840 --> 00:22:01.310 align:start position:0%
ordering there's no private order
because<00:21:59.080><c> any</c><00:21:59.240><c> inclusion</c><00:21:59.679><c> list</c><00:21:59.919><c> is</c><00:22:00.760><c> propagated</c>

00:22:01.310 --> 00:22:01.320 align:start position:0%
because any inclusion list is propagated
 

00:22:01.320 --> 00:22:03.870 align:start position:0%
because any inclusion list is propagated
publicly<00:22:01.799><c> otherwise</c><00:22:02.200><c> it's</c><00:22:02.360><c> not</c><00:22:02.720><c> enforced</c><00:22:03.720><c> uh</c>

00:22:03.870 --> 00:22:03.880 align:start position:0%
publicly otherwise it's not enforced uh
 

00:22:03.880 --> 00:22:05.390 align:start position:0%
publicly otherwise it's not enforced uh
so<00:22:04.360><c> this</c><00:22:04.559><c> makes</c><00:22:04.760><c> it</c><00:22:04.919><c> that</c><00:22:05.039><c> it's</c><00:22:05.200><c> not</c>

00:22:05.390 --> 00:22:05.400 align:start position:0%
so this makes it that it's not
 

00:22:05.400 --> 00:22:07.549 align:start position:0%
so this makes it that it's not
individually<00:22:05.960><c> rational</c><00:22:06.279><c> to</c><00:22:06.440><c> oursource</c><00:22:06.960><c> block</c>

00:22:07.549 --> 00:22:07.559 align:start position:0%
individually rational to oursource block
 

00:22:07.559 --> 00:22:10.430 align:start position:0%
individually rational to oursource block
um<00:22:07.880><c> inclusionist</c><00:22:08.880><c> um</c><00:22:09.159><c> production</c><00:22:10.159><c> I</c><00:22:10.279><c> guess</c>

00:22:10.430 --> 00:22:10.440 align:start position:0%
um inclusionist um production I guess
 

00:22:10.440 --> 00:22:11.750 align:start position:0%
um inclusionist um production I guess
the<00:22:10.600><c> question</c><00:22:10.919><c> here</c><00:22:11.039><c> is</c><00:22:11.159><c> that</c><00:22:11.360><c> we're</c><00:22:11.559><c> very</c>

00:22:11.750 --> 00:22:11.760 align:start position:0%
the question here is that we're very
 

00:22:11.760 --> 00:22:13.149 align:start position:0%
the question here is that we're very
convinced<00:22:12.159><c> of</c><00:22:12.320><c> this</c><00:22:12.520><c> and</c><00:22:12.640><c> we've</c><00:22:12.840><c> talked</c><00:22:13.080><c> to</c>

00:22:13.149 --> 00:22:13.159 align:start position:0%
convinced of this and we've talked to
 

00:22:13.159 --> 00:22:14.630 align:start position:0%
convinced of this and we've talked to
builders<00:22:13.480><c> and</c><00:22:13.640><c> Searchers</c><00:22:14.080><c> and</c><00:22:14.200><c> no</c><00:22:14.279><c> one</c><00:22:14.440><c> has</c>

00:22:14.630 --> 00:22:14.640 align:start position:0%
builders and Searchers and no one has
 

00:22:14.640 --> 00:22:16.590 align:start position:0%
builders and Searchers and no one has
come<00:22:14.799><c> up</c><00:22:14.919><c> with</c><00:22:15.039><c> a</c><00:22:15.159><c> way</c><00:22:15.279><c> to</c><00:22:15.400><c> use</c><00:22:15.880><c> inclusion</c><00:22:16.360><c> list</c>

00:22:16.590 --> 00:22:16.600 align:start position:0%
come up with a way to use inclusion list
 

00:22:16.600 --> 00:22:19.789 align:start position:0%
come up with a way to use inclusion list
as<00:22:16.679><c> a</c><00:22:16.799><c> vehicle</c><00:22:17.120><c> for</c><00:22:17.400><c> me</c><00:22:18.400><c> if</c><00:22:18.480><c> you</c><00:22:18.640><c> do</c><00:22:18.840><c> find</c><00:22:19.000><c> a</c><00:22:19.200><c> way</c>

00:22:19.789 --> 00:22:19.799 align:start position:0%
as a vehicle for me if you do find a way
 

00:22:19.799 --> 00:22:21.710 align:start position:0%
as a vehicle for me if you do find a way
uh<00:22:19.960><c> I'd</c><00:22:20.159><c> be</c><00:22:20.320><c> very</c><00:22:20.520><c> interested</c><00:22:21.279><c> uh</c><00:22:21.400><c> in</c><00:22:21.520><c> trying</c>

00:22:21.710 --> 00:22:21.720 align:start position:0%
uh I'd be very interested uh in trying
 

00:22:21.720 --> 00:22:22.909 align:start position:0%
uh I'd be very interested uh in trying
to<00:22:21.840><c> contradict</c>

00:22:22.909 --> 00:22:22.919 align:start position:0%
to contradict
 

00:22:22.919 --> 00:22:25.669 align:start position:0%
to contradict
that<00:22:23.919><c> is</c><00:22:24.120><c> this</c><00:22:24.320><c> proposal</c><00:22:24.799><c> compatible</c><00:22:25.240><c> with</c><00:22:25.400><c> 4</c>

00:22:25.669 --> 00:22:25.679 align:start position:0%
that is this proposal compatible with 4
 

00:22:25.679 --> 00:22:28.190 align:start position:0%
that is this proposal compatible with 4
second<00:22:25.919><c> block</c><00:22:26.279><c> times</c><00:22:27.279><c> um</c><00:22:27.480><c> so</c><00:22:27.760><c> the</c><00:22:27.880><c> person</c><00:22:28.080><c> who</c>

00:22:28.190 --> 00:22:28.200 align:start position:0%
second block times um so the person who
 

00:22:28.200 --> 00:22:29.230 align:start position:0%
second block times um so the person who
asked<00:22:28.360><c> this</c><00:22:28.520><c> expression</c><00:22:28.799><c> probably</c><00:22:29.039><c> thought</c>

00:22:29.230 --> 00:22:29.240 align:start position:0%
asked this expression probably thought
 

00:22:29.240 --> 00:22:30.789 align:start position:0%
asked this expression probably thought
no<00:22:29.480><c> but</c><00:22:29.640><c> I</c><00:22:29.720><c> think</c><00:22:29.880><c> is</c><00:22:30.039><c> actually</c><00:22:30.279><c> very</c>

00:22:30.789 --> 00:22:30.799 align:start position:0%
no but I think is actually very
 

00:22:30.799 --> 00:22:32.870 align:start position:0%
no but I think is actually very
compatible<00:22:31.799><c> um</c><00:22:32.159><c> the</c><00:22:32.400><c> interesting</c><00:22:32.760><c> thing</c>

00:22:32.870 --> 00:22:32.880 align:start position:0%
compatible um the interesting thing
 

00:22:32.880 --> 00:22:35.070 align:start position:0%
compatible um the interesting thing
about<00:22:33.120><c> inclusion</c><00:22:33.520><c> list</c><00:22:33.799><c> is</c><00:22:33.960><c> that</c><00:22:34.559><c> the</c><00:22:34.720><c> the</c>

00:22:35.070 --> 00:22:35.080 align:start position:0%
about inclusion list is that the the
 

00:22:35.080 --> 00:22:37.710 align:start position:0%
about inclusion list is that the the
timeline<00:22:36.080><c> um</c><00:22:36.200><c> doesn't</c><00:22:36.600><c> necessarily</c><00:22:37.200><c> depend</c>

00:22:37.710 --> 00:22:37.720 align:start position:0%
timeline um doesn't necessarily depend
 

00:22:37.720 --> 00:22:40.510 align:start position:0%
timeline um doesn't necessarily depend
on<00:22:38.400><c> uh</c><00:22:38.559><c> the</c><00:22:38.679><c> block</c><00:22:38.960><c> construction</c><00:22:39.480><c> timeline</c><00:22:40.320><c> so</c>

00:22:40.510 --> 00:22:40.520 align:start position:0%
on uh the block construction timeline so
 

00:22:40.520 --> 00:22:42.149 align:start position:0%
on uh the block construction timeline so
when<00:22:40.679><c> inclusion</c><00:22:41.120><c> lists</c><00:22:41.320><c> are</c><00:22:41.520><c> created</c><00:22:41.960><c> and</c>

00:22:42.149 --> 00:22:42.159 align:start position:0%
when inclusion lists are created and
 

00:22:42.159 --> 00:22:43.870 align:start position:0%
when inclusion lists are created and
propagated<00:22:42.840><c> which</c><00:22:42.919><c> is</c><00:22:43.039><c> the</c><00:22:43.159><c> largest</c><00:22:43.520><c> part</c><00:22:43.760><c> of</c>

00:22:43.870 --> 00:22:43.880 align:start position:0%
propagated which is the largest part of
 

00:22:43.880 --> 00:22:45.909 align:start position:0%
propagated which is the largest part of
the<00:22:44.080><c> timeline</c><00:22:44.960><c> uh</c><00:22:45.080><c> can</c><00:22:45.200><c> be</c><00:22:45.400><c> completely</c>

00:22:45.909 --> 00:22:45.919 align:start position:0%
the timeline uh can be completely
 

00:22:45.919 --> 00:22:47.510 align:start position:0%
the timeline uh can be completely
parallel<00:22:46.320><c> to</c><00:22:46.520><c> block</c><00:22:46.760><c> construction</c>

00:22:47.510 --> 00:22:47.520 align:start position:0%
parallel to block construction
 

00:22:47.520 --> 00:22:49.029 align:start position:0%
parallel to block construction
inclusionists<00:22:48.159><c> don't</c><00:22:48.400><c> have</c><00:22:48.480><c> to</c><00:22:48.640><c> depend</c><00:22:48.919><c> on</c>

00:22:49.029 --> 00:22:49.039 align:start position:0%
inclusionists don't have to depend on
 

00:22:49.039 --> 00:22:50.870 align:start position:0%
inclusionists don't have to depend on
the<00:22:49.200><c> head</c><00:22:49.320><c> of</c><00:22:49.440><c> the</c><00:22:49.559><c> chain</c><00:22:50.279><c> uh</c><00:22:50.440><c> they</c><00:22:50.559><c> could</c><00:22:50.720><c> be</c>

00:22:50.870 --> 00:22:50.880 align:start position:0%
the head of the chain uh they could be
 

00:22:50.880 --> 00:22:52.950 align:start position:0%
the head of the chain uh they could be
made<00:22:51.159><c> for</c><00:22:51.320><c> example</c><00:22:52.200><c> uh</c><00:22:52.320><c> in</c><00:22:52.480><c> principle</c><00:22:52.799><c> they</c>

00:22:52.950 --> 00:22:52.960 align:start position:0%
made for example uh in principle they
 

00:22:52.960 --> 00:22:54.750 align:start position:0%
made for example uh in principle they
could<00:22:53.080><c> be</c><00:22:53.200><c> made</c><00:22:53.440><c> whenever</c><00:22:53.799><c> early</c><00:22:54.240><c> let's</c><00:22:54.440><c> say</c>

00:22:54.750 --> 00:22:54.760 align:start position:0%
could be made whenever early let's say
 

00:22:54.760 --> 00:22:56.909 align:start position:0%
could be made whenever early let's say
three<00:22:54.960><c> blocks</c><00:22:55.279><c> early</c><00:22:55.559><c> or</c><00:22:55.720><c> something</c><00:22:56.679><c> and</c><00:22:56.799><c> then</c>

00:22:56.909 --> 00:22:56.919 align:start position:0%
three blocks early or something and then
 

00:22:56.919 --> 00:22:58.549 align:start position:0%
three blocks early or something and then
it<00:22:57.080><c> could</c><00:22:57.279><c> still</c><00:22:57.640><c> constrain</c><00:22:58.080><c> the</c><00:22:58.159><c> current</c>

00:22:58.549 --> 00:22:58.559 align:start position:0%
it could still constrain the current
 

00:22:58.559 --> 00:23:00.710 align:start position:0%
it could still constrain the current
block<00:22:59.120><c> and</c><00:22:59.240><c> since</c><00:22:59.559><c> this</c><00:22:59.760><c> timeline</c><00:23:00.159><c> is</c><00:23:00.360><c> very</c>

00:23:00.710 --> 00:23:00.720 align:start position:0%
block and since this timeline is very
 

00:23:00.720 --> 00:23:02.549 align:start position:0%
block and since this timeline is very
very<00:23:00.960><c> easy</c><00:23:01.320><c> as</c><00:23:01.480><c> in</c><00:23:01.640><c> the</c><00:23:01.720><c> block</c><00:23:01.919><c> producer</c><00:23:02.320><c> must</c>

00:23:02.549 --> 00:23:02.559 align:start position:0%
very easy as in the block producer must
 

00:23:02.559 --> 00:23:04.110 align:start position:0%
very easy as in the block producer must
receive<00:23:02.960><c> them</c><00:23:03.279><c> for</c><00:23:03.480><c> which</c><00:23:03.600><c> it</c><00:23:03.720><c> could</c><00:23:03.880><c> have</c><00:23:04.000><c> a</c>

00:23:04.110 --> 00:23:04.120 align:start position:0%
receive them for which it could have a
 

00:23:04.120 --> 00:23:05.909 align:start position:0%
receive them for which it could have a
very<00:23:04.279><c> long</c><00:23:04.480><c> time</c><00:23:05.000><c> and</c><00:23:05.120><c> the</c><00:23:05.240><c> enforcement</c><00:23:05.760><c> is</c>

00:23:05.909 --> 00:23:05.919 align:start position:0%
very long time and the enforcement is
 

00:23:05.919 --> 00:23:08.269 align:start position:0%
very long time and the enforcement is
done<00:23:06.080><c> by</c><00:23:06.200><c> the</c><00:23:06.480><c> testers</c><00:23:06.880><c> it</c><00:23:07.000><c> doesn't</c><00:23:07.799><c> add</c><00:23:08.039><c> like</c>

00:23:08.269 --> 00:23:08.279 align:start position:0%
done by the testers it doesn't add like
 

00:23:08.279 --> 00:23:10.630 align:start position:0%
done by the testers it doesn't add like
additional<00:23:08.799><c> time</c><00:23:09.400><c> uh</c><00:23:09.520><c> delays</c><00:23:10.240><c> that</c><00:23:10.400><c> being</c>

00:23:10.630 --> 00:23:10.640 align:start position:0%
additional time uh delays that being
 

00:23:10.640 --> 00:23:12.070 align:start position:0%
additional time uh delays that being
said<00:23:11.000><c> if</c><00:23:11.080><c> you</c><00:23:11.240><c> make</c><00:23:11.440><c> them</c><00:23:11.600><c> very</c><00:23:11.760><c> far</c><00:23:11.960><c> in</c>

00:23:12.070 --> 00:23:12.080 align:start position:0%
said if you make them very far in
 

00:23:12.080 --> 00:23:13.750 align:start position:0%
said if you make them very far in
advance<00:23:12.480><c> the</c><00:23:12.559><c> inclusionist</c><00:23:13.120><c> is</c><00:23:13.240><c> more</c><00:23:13.480><c> likely</c>

00:23:13.750 --> 00:23:13.760 align:start position:0%
advance the inclusionist is more likely
 

00:23:13.760 --> 00:23:15.750 align:start position:0%
advance the inclusionist is more likely
to<00:23:13.960><c> hold</c><00:23:14.240><c> invalid</c><00:23:14.760><c> transactions</c><00:23:15.360><c> which</c><00:23:15.559><c> may</c>

00:23:15.750 --> 00:23:15.760 align:start position:0%
to hold invalid transactions which may
 

00:23:15.760 --> 00:23:18.190 align:start position:0%
to hold invalid transactions which may
not<00:23:15.919><c> contribute</c><00:23:16.360><c> much</c><00:23:16.480><c> to</c><00:23:16.640><c> sens</c>

00:23:18.190 --> 00:23:18.200 align:start position:0%
not contribute much to sens
 

00:23:18.200 --> 00:23:20.590 align:start position:0%
not contribute much to sens
resistance<00:23:19.200><c> next</c><00:23:19.520><c> question</c><00:23:20.080><c> how</c><00:23:20.240><c> about</c><00:23:20.480><c> the</c>

00:23:20.590 --> 00:23:20.600 align:start position:0%
resistance next question how about the
 

00:23:20.600 --> 00:23:23.350 align:start position:0%
resistance next question how about the
integration<00:23:21.200><c> of</c><00:23:21.400><c> fossil</c><00:23:21.919><c> with</c><00:23:22.200><c> e</c><00:23:22.559><c> PBS</c><00:23:23.200><c> and</c>

00:23:23.350 --> 00:23:23.360 align:start position:0%
integration of fossil with e PBS and
 

00:23:23.360 --> 00:23:25.110 align:start position:0%
integration of fossil with e PBS and
single<00:23:23.640><c> slot</c><00:23:23.960><c> finality</c><00:23:24.720><c> they</c><00:23:24.840><c> should</c><00:23:25.000><c> be</c>

00:23:25.110 --> 00:23:25.120 align:start position:0%
single slot finality they should be
 

00:23:25.120 --> 00:23:27.390 align:start position:0%
single slot finality they should be
aligned<00:23:25.640><c> coordinately</c><00:23:26.640><c> so</c><00:23:26.799><c> we're</c><00:23:27.039><c> proposing</c>

00:23:27.390 --> 00:23:27.400 align:start position:0%
aligned coordinately so we're proposing
 

00:23:27.400 --> 00:23:30.029 align:start position:0%
aligned coordinately so we're proposing
fil<00:23:27.919><c> separately</c><00:23:28.520><c> from</c><00:23:28.679><c> epbs</c><00:23:29.279><c> or</c><00:23:29.480><c> single</c><00:23:29.760><c> Sal</c>

00:23:30.029 --> 00:23:30.039 align:start position:0%
fil separately from epbs or single Sal
 

00:23:30.039 --> 00:23:31.909 align:start position:0%
fil separately from epbs or single Sal
finality<00:23:30.880><c> I</c><00:23:30.960><c> think</c><00:23:31.159><c> this</c><00:23:31.279><c> is</c><00:23:31.440><c> important</c>

00:23:31.909 --> 00:23:31.919 align:start position:0%
finality I think this is important
 

00:23:31.919 --> 00:23:34.110 align:start position:0%
finality I think this is important
because<00:23:32.559><c> I</c><00:23:32.640><c> don't</c><00:23:32.799><c> see</c><00:23:33.000><c> an</c><00:23:33.159><c> inherent</c><00:23:33.679><c> tension</c>

00:23:34.110 --> 00:23:34.120 align:start position:0%
because I don't see an inherent tension
 

00:23:34.120 --> 00:23:36.070 align:start position:0%
because I don't see an inherent tension
between<00:23:34.480><c> these</c><00:23:34.960><c> as</c><00:23:35.159><c> I</c><00:23:35.520><c> explained</c><00:23:35.880><c> in</c><00:23:35.960><c> the</c>

00:23:36.070 --> 00:23:36.080 align:start position:0%
between these as I explained in the
 

00:23:36.080 --> 00:23:38.110 align:start position:0%
between these as I explained in the
previous<00:23:36.520><c> answer</c><00:23:37.080><c> the</c><00:23:37.200><c> fossil</c><00:23:37.600><c> timeline</c><00:23:38.000><c> can</c>

00:23:38.110 --> 00:23:38.120 align:start position:0%
previous answer the fossil timeline can
 

00:23:38.120 --> 00:23:40.390 align:start position:0%
previous answer the fossil timeline can
be<00:23:38.320><c> completely</c><00:23:38.799><c> parallel</c><00:23:39.279><c> from</c><00:23:39.520><c> other</c>

00:23:40.390 --> 00:23:40.400 align:start position:0%
be completely parallel from other
 

00:23:40.400 --> 00:23:42.990 align:start position:0%
be completely parallel from other
timelines<00:23:41.400><c> um</c><00:23:41.760><c> so</c><00:23:42.039><c> in</c><00:23:42.159><c> my</c><00:23:42.360><c> view</c><00:23:42.600><c> it's</c><00:23:42.840><c> it's</c>

00:23:42.990 --> 00:23:43.000 align:start position:0%
timelines um so in my view it's it's
 

00:23:43.000 --> 00:23:44.470 align:start position:0%
timelines um so in my view it's it's
very<00:23:43.200><c> compatible</c><00:23:43.679><c> with</c><00:23:43.840><c> both</c><00:23:44.039><c> and</c><00:23:44.120><c> they</c><00:23:44.240><c> don't</c>

00:23:44.470 --> 00:23:44.480 align:start position:0%
very compatible with both and they don't
 

00:23:44.480 --> 00:23:46.390 align:start position:0%
very compatible with both and they don't
have<00:23:44.640><c> to</c><00:23:44.799><c> be</c><00:23:45.279><c> uh</c><00:23:45.440><c> implemented</c><00:23:45.960><c> at</c><00:23:46.080><c> the</c><00:23:46.200><c> same</c>

00:23:46.390 --> 00:23:46.400 align:start position:0%
have to be uh implemented at the same
 

00:23:46.400 --> 00:23:49.870 align:start position:0%
have to be uh implemented at the same
time<00:23:46.559><c> they're</c><00:23:46.799><c> proposed</c><00:23:47.200><c> as</c><00:23:47.480><c> different</c><00:23:48.480><c> uh</c>

00:23:49.870 --> 00:23:49.880 align:start position:0%
time they're proposed as different uh
 

00:23:49.880 --> 00:23:52.149 align:start position:0%
time they're proposed as different uh
proposals<00:23:50.880><c> does</c><00:23:51.039><c> it</c><00:23:51.159><c> mean</c><00:23:51.400><c> transactions</c><00:23:51.919><c> from</c>

00:23:52.149 --> 00:23:52.159 align:start position:0%
proposals does it mean transactions from
 

00:23:52.159 --> 00:23:53.830 align:start position:0%
proposals does it mean transactions from
inclusion<00:23:52.640><c> list</c><00:23:52.919><c> will</c><00:23:53.120><c> always</c><00:23:53.400><c> be</c><00:23:53.600><c> at</c><00:23:53.720><c> the</c>

00:23:53.830 --> 00:23:53.840 align:start position:0%
inclusion list will always be at the
 

00:23:53.840 --> 00:23:56.110 align:start position:0%
inclusion list will always be at the
bottom<00:23:54.120><c> of</c><00:23:54.240><c> the</c><00:23:54.400><c> block</c><00:23:55.159><c> it</c><00:23:55.320><c> mean</c><00:23:55.600><c> so</c><00:23:55.840><c> first</c><00:23:56.000><c> of</c>

00:23:56.110 --> 00:23:56.120 align:start position:0%
bottom of the block it mean so first of
 

00:23:56.120 --> 00:23:58.630 align:start position:0%
bottom of the block it mean so first of
all<00:23:56.760><c> transactions</c><00:23:57.400><c> aren't</c><00:23:57.760><c> necessarily</c><00:23:58.480><c> from</c>

00:23:58.630 --> 00:23:58.640 align:start position:0%
all transactions aren't necessarily from
 

00:23:58.640 --> 00:24:00.190 align:start position:0%
all transactions aren't necessarily from
inclusion<00:23:59.039><c> list</c><00:23:59.320><c> transactions</c><00:23:59.720><c> in</c><00:23:59.840><c> the</c><00:23:59.960><c> men</c>

00:24:00.190 --> 00:24:00.200 align:start position:0%
inclusion list transactions in the men
 

00:24:00.200 --> 00:24:01.830 align:start position:0%
inclusion list transactions in the men
pool<00:24:00.440><c> are</c><00:24:00.559><c> seen</c><00:24:00.840><c> by</c><00:24:01.000><c> inclusion</c><00:24:01.440><c> list</c><00:24:01.600><c> and</c><00:24:01.720><c> then</c>

00:24:01.830 --> 00:24:01.840 align:start position:0%
pool are seen by inclusion list and then
 

00:24:01.840 --> 00:24:03.149 align:start position:0%
pool are seen by inclusion list and then
included<00:24:02.200><c> in</c><00:24:02.320><c> the</c><00:24:02.440><c> block</c><00:24:02.720><c> but</c><00:24:02.840><c> the</c><00:24:02.919><c> block</c>

00:24:03.149 --> 00:24:03.159 align:start position:0%
included in the block but the block
 

00:24:03.159 --> 00:24:05.510 align:start position:0%
included in the block but the block
doesn't<00:24:03.480><c> contain</c><00:24:04.240><c> a</c><00:24:04.440><c> set</c><00:24:04.720><c> a</c><00:24:04.880><c> section</c><00:24:05.279><c> that's</c>

00:24:05.510 --> 00:24:05.520 align:start position:0%
doesn't contain a set a section that's
 

00:24:05.520 --> 00:24:08.149 align:start position:0%
doesn't contain a set a section that's
like<00:24:05.799><c> this</c><00:24:05.919><c> is</c><00:24:06.080><c> for</c><00:24:06.320><c> inclusion</c><00:24:06.760><c> list</c><00:24:07.720><c> um</c><00:24:07.919><c> so</c>

00:24:08.149 --> 00:24:08.159 align:start position:0%
like this is for inclusion list um so
 

00:24:08.159 --> 00:24:10.669 align:start position:0%
like this is for inclusion list um so
some<00:24:08.400><c> transactions</c><00:24:09.159><c> that</c><00:24:09.840><c> uh</c><00:24:10.000><c> you</c><00:24:10.320><c> I</c><00:24:10.480><c> guess</c>

00:24:10.669 --> 00:24:10.679 align:start position:0%
some transactions that uh you I guess
 

00:24:10.679 --> 00:24:12.110 align:start position:0%
some transactions that uh you I guess
you<00:24:10.760><c> could</c><00:24:10.960><c> just</c><00:24:11.080><c> see</c><00:24:11.279><c> them</c><00:24:11.440><c> as</c><00:24:11.600><c> transactions</c>

00:24:12.110 --> 00:24:12.120 align:start position:0%
you could just see them as transactions
 

00:24:12.120 --> 00:24:15.029 align:start position:0%
you could just see them as transactions
in<00:24:12.240><c> the</c><00:24:12.360><c> mle</c><00:24:13.279><c> mle</c><00:24:13.679><c> transactions</c><00:24:14.159><c> currently</c>

00:24:15.029 --> 00:24:15.039 align:start position:0%
in the mle mle transactions currently
 

00:24:15.039 --> 00:24:16.590 align:start position:0%
in the mle mle transactions currently
usually<00:24:15.320><c> are</c><00:24:15.480><c> not</c><00:24:15.600><c> put</c><00:24:15.799><c> on</c><00:24:15.880><c> the</c><00:24:16.039><c> top</c><00:24:16.159><c> of</c><00:24:16.320><c> block</c>

00:24:16.590 --> 00:24:16.600 align:start position:0%
usually are not put on the top of block
 

00:24:16.600 --> 00:24:18.630 align:start position:0%
usually are not put on the top of block
because<00:24:16.799><c> this</c><00:24:16.880><c> is</c><00:24:17.000><c> a</c><00:24:17.159><c> very</c><00:24:17.320><c> valuable</c><00:24:17.760><c> spot</c>

00:24:18.630 --> 00:24:18.640 align:start position:0%
because this is a very valuable spot
 

00:24:18.640 --> 00:24:20.549 align:start position:0%
because this is a very valuable spot
maybe<00:24:19.080><c> someone</c><00:24:19.400><c> can</c><00:24:19.559><c> extract</c><00:24:19.880><c> some</c><00:24:20.000><c> me</c><00:24:20.440><c> from</c>

00:24:20.549 --> 00:24:20.559 align:start position:0%
maybe someone can extract some me from
 

00:24:20.559 --> 00:24:22.510 align:start position:0%
maybe someone can extract some me from
being<00:24:20.799><c> at</c><00:24:20.919><c> the</c><00:24:21.000><c> bottom</c><00:24:21.279><c> of</c><00:24:21.360><c> the</c><00:24:21.440><c> block</c><00:24:22.120><c> so</c><00:24:22.279><c> I'd</c>

00:24:22.510 --> 00:24:22.520 align:start position:0%
being at the bottom of the block so I'd
 

00:24:22.520 --> 00:24:23.549 align:start position:0%
being at the bottom of the block so I'd
expect<00:24:22.720><c> them</c><00:24:22.880><c> somewhere</c><00:24:23.159><c> to</c><00:24:23.279><c> be</c><00:24:23.400><c> in</c><00:24:23.480><c> the</c>

00:24:23.549 --> 00:24:23.559 align:start position:0%
expect them somewhere to be in the
 

00:24:23.559 --> 00:24:26.070 align:start position:0%
expect them somewhere to be in the
middle<00:24:24.080><c> there</c><00:24:24.200><c> are</c><00:24:24.320><c> no</c><00:24:24.480><c> ordering</c><00:24:25.399><c> uh</c><00:24:25.559><c> or</c>

00:24:26.070 --> 00:24:26.080 align:start position:0%
middle there are no ordering uh or
 

00:24:26.080 --> 00:24:27.750 align:start position:0%
middle there are no ordering uh or
properties<00:24:26.600><c> of</c><00:24:26.840><c> like</c><00:24:27.039><c> where</c><00:24:27.200><c> and</c><00:24:27.360><c> block</c><00:24:27.640><c> it</c>

00:24:27.750 --> 00:24:27.760 align:start position:0%
properties of like where and block it
 

00:24:27.760 --> 00:24:30.190 align:start position:0%
properties of like where and block it
should<00:24:27.960><c> be</c>

00:24:30.190 --> 00:24:30.200 align:start position:0%
should be
 

00:24:30.200 --> 00:24:32.590 align:start position:0%
should be
should<00:24:30.559><c> equ</c><00:24:31.279><c> equivocating</c><00:24:32.200><c> committee</c>

00:24:32.590 --> 00:24:32.600 align:start position:0%
should equ equivocating committee
 

00:24:32.600 --> 00:24:35.470 align:start position:0%
should equ equivocating committee
members<00:24:33.200><c> be</c><00:24:33.480><c> slashed</c><00:24:34.480><c> so</c><00:24:34.720><c> in</c><00:24:34.840><c> our</c><00:24:35.039><c> design</c><00:24:35.360><c> we</c>

00:24:35.470 --> 00:24:35.480 align:start position:0%
members be slashed so in our design we
 

00:24:35.480 --> 00:24:37.190 align:start position:0%
members be slashed so in our design we
don't<00:24:35.640><c> slash</c><00:24:35.960><c> committee</c><00:24:36.279><c> members</c><00:24:36.640><c> we</c><00:24:36.760><c> do</c><00:24:36.960><c> this</c>

00:24:37.190 --> 00:24:37.200 align:start position:0%
don't slash committee members we do this
 

00:24:37.200 --> 00:24:39.070 align:start position:0%
don't slash committee members we do this
because<00:24:37.440><c> there</c><00:24:37.559><c> is</c><00:24:37.760><c> no</c><00:24:38.039><c> reward</c><00:24:38.399><c> scheme</c><00:24:38.960><c> we</c>

00:24:39.070 --> 00:24:39.080 align:start position:0%
because there is no reward scheme we
 

00:24:39.080 --> 00:24:40.669 align:start position:0%
because there is no reward scheme we
want<00:24:39.240><c> to</c><00:24:39.440><c> incentivize</c><00:24:40.240><c> as</c><00:24:40.399><c> much</c>

00:24:40.669 --> 00:24:40.679 align:start position:0%
want to incentivize as much
 

00:24:40.679 --> 00:24:43.630 align:start position:0%
want to incentivize as much
participation<00:24:41.320><c> as</c><00:24:41.520><c> possible</c><00:24:42.000><c> so</c><00:24:42.720><c> slashing</c>

00:24:43.630 --> 00:24:43.640 align:start position:0%
participation as possible so slashing
 

00:24:43.640 --> 00:24:45.630 align:start position:0%
participation as possible so slashing
could<00:24:44.039><c> be</c><00:24:44.240><c> CS</c><00:24:44.600><c> because</c><00:24:44.799><c> you</c><00:24:44.919><c> have</c><00:24:45.039><c> a</c><00:24:45.159><c> bad</c><00:24:45.360><c> not</c>

00:24:45.630 --> 00:24:45.640 align:start position:0%
could be CS because you have a bad not
 

00:24:45.640 --> 00:24:47.029 align:start position:0%
could be CS because you have a bad not
setup<00:24:46.000><c> and</c><00:24:46.080><c> you</c><00:24:46.240><c> accidentally</c><00:24:46.679><c> signed</c>

00:24:47.029 --> 00:24:47.039 align:start position:0%
setup and you accidentally signed
 

00:24:47.039 --> 00:24:48.870 align:start position:0%
setup and you accidentally signed
something<00:24:47.320><c> twice</c><00:24:47.919><c> you</c><00:24:48.039><c> don't</c><00:24:48.200><c> want</c><00:24:48.399><c> to</c><00:24:48.640><c> do</c>

00:24:48.870 --> 00:24:48.880 align:start position:0%
something twice you don't want to do
 

00:24:48.880 --> 00:24:51.710 align:start position:0%
something twice you don't want to do
this<00:24:49.360><c> uh</c><00:24:49.440><c> you</c><00:24:49.559><c> want</c><00:24:49.679><c> to</c><00:24:49.880><c> prevent</c><00:24:50.200><c> it</c><00:24:51.159><c> um</c><00:24:51.440><c> but</c><00:24:51.600><c> if</c>

00:24:51.710 --> 00:24:51.720 align:start position:0%
this uh you want to prevent it um but if
 

00:24:51.720 --> 00:24:53.950 align:start position:0%
this uh you want to prevent it um but if
it<00:24:51.919><c> happens</c><00:24:52.640><c> we</c><00:24:52.760><c> don't</c><00:24:52.919><c> want</c><00:24:53.039><c> to</c><00:24:53.279><c> penalize</c><00:24:53.760><c> for</c>

00:24:53.950 --> 00:24:53.960 align:start position:0%
it happens we don't want to penalize for
 

00:24:53.960 --> 00:24:57.110 align:start position:0%
it happens we don't want to penalize for
it<00:24:54.240><c> slashing</c><00:24:55.000><c> in</c><00:24:55.880><c> uh</c><00:24:56.320><c> equivocating</c><00:24:56.880><c> on</c><00:24:57.000><c> your</c>

00:24:57.110 --> 00:24:57.120 align:start position:0%
it slashing in uh equivocating on your
 

00:24:57.120 --> 00:24:59.029 align:start position:0%
it slashing in uh equivocating on your
attestations<00:24:57.760><c> is</c><00:24:57.880><c> important</c><00:24:58.360><c> for</c><00:24:58.559><c> finality</c>

00:24:59.029 --> 00:24:59.039 align:start position:0%
attestations is important for finality
 

00:24:59.039 --> 00:25:00.990 align:start position:0%
attestations is important for finality
to<00:24:59.200><c> give</c><00:24:59.360><c> some</c><00:24:59.600><c> economic</c><00:25:00.000><c> weights</c><00:25:00.320><c> behind</c><00:25:00.840><c> the</c>

00:25:00.990 --> 00:25:01.000 align:start position:0%
to give some economic weights behind the
 

00:25:01.000 --> 00:25:03.149 align:start position:0%
to give some economic weights behind the
transactions<00:25:01.440><c> that</c><00:25:01.600><c> land</c><00:25:01.799><c> on</c><00:25:01.960><c> chain</c><00:25:02.679><c> slashing</c>

00:25:03.149 --> 00:25:03.159 align:start position:0%
transactions that land on chain slashing
 

00:25:03.159 --> 00:25:05.909 align:start position:0%
transactions that land on chain slashing
for<00:25:03.600><c> double</c><00:25:03.840><c> signing</c><00:25:04.159><c> a</c><00:25:04.279><c> block</c><00:25:04.640><c> already</c><00:25:05.640><c> uh</c><00:25:05.760><c> is</c>

00:25:05.909 --> 00:25:05.919 align:start position:0%
for double signing a block already uh is
 

00:25:05.919 --> 00:25:07.350 align:start position:0%
for double signing a block already uh is
different<00:25:06.279><c> it</c><00:25:06.520><c> it's</c><00:25:06.640><c> not</c><00:25:06.840><c> related</c><00:25:07.159><c> to</c>

00:25:07.350 --> 00:25:07.360 align:start position:0%
different it it's not related to
 

00:25:07.360 --> 00:25:10.350 align:start position:0%
different it it's not related to
finality<00:25:08.120><c> it's</c><00:25:08.480><c> it's</c><00:25:09.440><c> uh</c><00:25:09.679><c> but</c><00:25:09.799><c> it</c><00:25:09.919><c> does</c><00:25:10.120><c> cause</c>

00:25:10.350 --> 00:25:10.360 align:start position:0%
finality it's it's uh but it does cause
 

00:25:10.360 --> 00:25:13.590 align:start position:0%
finality it's it's uh but it does cause
a<00:25:10.480><c> bit</c><00:25:10.600><c> more</c><00:25:10.840><c> stress</c><00:25:11.159><c> on</c><00:25:11.399><c> the</c><00:25:11.640><c> on</c><00:25:11.799><c> the</c><00:25:12.000><c> Chain</c><00:25:12.880><c> SL</c>

00:25:13.590 --> 00:25:13.600 align:start position:0%
a bit more stress on the on the Chain SL
 

00:25:13.600 --> 00:25:15.990 align:start position:0%
a bit more stress on the on the Chain SL
um<00:25:14.360><c> equiv</c><00:25:14.960><c> with</c><00:25:15.080><c> your</c><00:25:15.159><c> inclusionist</c><00:25:15.760><c> doesn't</c>

00:25:15.990 --> 00:25:16.000 align:start position:0%
um equiv with your inclusionist doesn't
 

00:25:16.000 --> 00:25:17.510 align:start position:0%
um equiv with your inclusionist doesn't
cause<00:25:16.320><c> anything</c><00:25:16.679><c> it</c><00:25:16.840><c> just</c><00:25:17.000><c> means</c><00:25:17.240><c> that</c><00:25:17.360><c> your</c>

00:25:17.510 --> 00:25:17.520 align:start position:0%
cause anything it just means that your
 

00:25:17.520 --> 00:25:18.909 align:start position:0%
cause anything it just means that your
inclusionist<00:25:18.000><c> isn't</c><00:25:18.240><c> enforced</c><00:25:18.720><c> it's</c>

00:25:18.909 --> 00:25:18.919 align:start position:0%
inclusionist isn't enforced it's
 

00:25:18.919 --> 00:25:20.950 align:start position:0%
inclusionist isn't enforced it's
equivalent<00:25:19.320><c> to</c><00:25:19.520><c> sending</c><00:25:19.840><c> no</c><00:25:20.080><c> inclusionist</c><00:25:20.760><c> so</c>

00:25:20.950 --> 00:25:20.960 align:start position:0%
equivalent to sending no inclusionist so
 

00:25:20.960 --> 00:25:23.590 align:start position:0%
equivalent to sending no inclusionist so
that's<00:25:21.120><c> why</c><00:25:21.399><c> we</c><00:25:21.520><c> don't</c><00:25:21.679><c> slash</c><00:25:21.960><c> for</c><00:25:22.399><c> it</c><00:25:23.399><c> right</c>

00:25:23.590 --> 00:25:23.600 align:start position:0%
that's why we don't slash for it right
 

00:25:23.600 --> 00:25:27.559 align:start position:0%
that's why we don't slash for it right
so<00:25:23.919><c> unfortunately</c><00:25:24.679><c> we</c><00:25:24.919><c> have</c><00:25:25.200><c> run</c>

