A case study in Miner Extractable Value

A case study in Miner Extractable Value
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A case study in Miner Extractable Value

The Block4 months ago
Published on October 06, 2020 09:12 GMT+0edited on October 06, 2020 09:17 GMT+0

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Quick Take

  • Miner Extractable Value (MEV) refers to the amount of profit that miners can extract from reordering and censoring transactions on the blockchain
  • Ethereum miners are increasingly taking advantage of the MEV opportunity. Recently, multiple mining pools were connected to a DEX arbitrage bot
  • At best, MEV can be additive to a blockchain’s security because it brings validators more fees. At worst, MEV may lead to consensus instability

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