Bidcoy and theorium have been designed with the goal of fair transaction ordering in mind. So do you think that there's going to be a new generation like block chain? Sumiti for act last question to tulaxom way out. Am with optimism or starkwer am, i think the ar. But it's very hard to change a theorim. Theres are all funny implications of the blockings. Main feature that is the transparency. And so hopefully, if some other bok chan a finds a way to solves this problem then potentially that will help usus on a theorium as well....
Today, I brought on Dan Robinson and Georgios Konstantopoulos, who are both research partners at Paradigm. Together, we explore the topic of MEV, or “Miner Extractable Value”.
Blockchains like Ethereum have this dirty little secret that, while in most regards they are very decentralized, the ordering of transactions within a single block is actually completely in the hands of a single miner. They can insert their own transactions, rearrange those of users, or even censor them completely.
MEV describes how much value a miner can extract from users and other miners by using these powers to their advantage.
If you’ve never looked into MEV before, I think you’ll be both shocked and fascinated by the complexity and sophistication of the war that’s raging inside Ethereum’s memory pool. Enjoy
Dan Robinson https://twitter.com/danrobinson
Georgios Konstantopoulos https://twitter.com/gakonst
Hasu https://twitter.com/hasufl
Flash Boys 2.0 (Daian et al) https://pdaian.com/flashboys2.pdf