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MEB and MEV: Exploring Miners' Extractable Value
This chapter delves into the concept of Minor Extractable Value (MEB) and its definition. It explores how miners can utilize their privileged position to see, censor, insert, and reorder transactions. It also discusses the concept of Maximum Extractable Value (MEV) through an example of a sandwich attack, highlighting how miners can bundle transactions and extract the price difference between buyers and sellers.