3min chapter

I Pledge Allegiance cover image

Tarun Chitra - Lessons From Building Gauntlet

I Pledge Allegiance

CHAPTER

Ethereum MEV - I Don't Think It Can Be Removed

Einstein: I think it is just an inherent economic property of the fact that you have uncertainty from the internet of transaction latency. He says there's no perpetual motion machine that will remove that for you, and any financial instrument has to have some risk premium. The question is how far are we from that minimum? What is that minimum, and can we say anything about it? That's where the reason I think MEV has some of the most intriguing pure math meets statistics meet computer science problems.

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