I recently became a validator for the ethereum blockchain and I’m realizing now just how much money is being funneled to miners through MEV. It seems like such a perfect system, arbitrage opportunities are not entirely captured by some undeserving middleman but rather by the block proposers themselves.
I know that there are some people who dislike MEV because of its association with sandwich attacks, but that there are some solutions (in fact I’m guessing sandwich issues are mostly solved by now, I haven’t looked into it). But you have to admit that MEV is really, really good for validators and that revenue stream could be a big part of what sets ETH apart from something like Bitcoin.
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