151 - MEV for Public Goods Funding with Nikete Della Penna
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MEV: Extracting Value in Decentralized Systems
This chapter explores the concept of MEV (Miner Extractable Value) in decentralized systems, discussing the challenges and differences between centralized and decentralized systems in extracting value. It also delves into the ongoing debate in the Ethereum community regarding the capture and distribution of value, including ideas of auctioning off transaction ordering rights and funding public goods. The chapter concludes with a discussion on the implications of MEV on the 1559 debate and the importance of protecting contributors to the public good.
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