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23 June 2021

How 'Flashbots' fighting MEV extraction help the Ethereum network | CryptoSlate

How 'Flashbots' fighting MEV extraction help the Ethereum network | CryptoSlate


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The strategy used by DeFi traders to arbitrage MEV is “front-running.” Traders pay a slightly higher gas fee than another transaction to get their transaction included in a block prior to the original transaction.

Flashbots also brings up the point that the strategy could compromise Ethereum’s consensus system.

The first is focused on the issue that MEV is currently hidden from most Ethereum users.

The second step is focused on the issue that MEV extraction is likely going to be centralized with “permissioned dark transaction pools.”.

For the third part, Flashbots focuses on the issue that MEV extraction only benefits miners and traders

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