Using a Wallet Like Metamask to Send Transactions on a Network

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I brought you to am talk about one of my favorite topics, which is mempol game and my d and term front running anytherium. Most people have used wallet like metamask before to send ha transaction on e theorum. And they roughly understand how the user experience borks from their perspective rigt. But i feel like this is one of the cases where behind a simple user experience, there's actually a lot of complexity hidden that most of the time the user doesn't need to be aware of but in some cases they do....

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