2min chapter

Bankless cover image

170 - Burning MEV with Justin Drake and Dom

Bankless

CHAPTER

The Parallels to EIP-159

EIP-159 enshrined Ether as the enforced unit of currency to pay for transactions in Ethereum block space. The same idea with MEV Burn is just to impose this contention pricing on everyone, including blood builders and proposers. And governments love, want all economic activity to be in the light. There's black market activity, there's side dealings,. There's untaxed economic activity, or not untaxable, but Untaxed Economic Activity (TEA) In every single part of the world. We can extend that functionality to enforcing economic activity to also be known and quantified and verified on chain.

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