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The Chopping Block: Why the Once-Taboo MEV Is Now a Core Part of Ethereum - Ep. 449

Unchained

CHAPTER

Navigating MEV and Transaction Dynamics in Ethereum

This chapter explores the intricacies of transaction submissions in the Ethereum network, focusing on the implications of isolated transaction treatment and the emerging role of Flashbots in managing Maximal Extractable Value (MEV). The discussion contrasts skepticism towards MEV extraction with the necessity for structured approaches to mitigate network externalities while highlighting the importance of social norms in maintaining blockchain stability. Philosophical debates on accelerationism in blockchain development are intertwined with practical concerns about user experience and ethical considerations in evolving transaction processing systems.

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