In terms of mitigation, so we discussed, you can not fisk up ofiscate ivestior transactions in itherium. Or you can try to separate execution from the transaction ordering. What is t the third fear that you can do both what roll up does and what you can imagine that you have a service which aggregates transactions and puts them on chain? So why cant adepont mina look at the bunde and just unbundled it and rearrange it in any order they want,. Sotn, that's a case where you need individual users, and then potentially a contracts....
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