bertcmiller

It's simple

Arbs either take 200,000 gas, or they take 130,000,000 gas

MEV either gets leaked to searchers, or captured by sequencers

Not a hard choice

A bunch of people read that arbs are taking 100m+ gas when they could be taking 200k and decided to reply "actually, this is fine"

MEV is scaling technology

For the first time in years I've got reply guys shilling new chains and coins that "solve" MEV. Nature is healing, they went away for awhile

Today, we introduce a new thesis: MEV has become the dominant limit to scaling blockchains.

Spectacularly wasteful onchain searching is starting to consume most of the capacity of most high-throughput blockchains.

This is a market failure we can no longer ignore.

I am highly skeptical of "blind sandwiching"

It seems far more plausible that "blind" sandwiching is simply validators sandwiching and trying to avoid being caught

Viena no skarbajām patiesībām par REV ir tā, ka lietotnēm/maksājumu rīkiem/lietošanas ir liela vara pār maksām, kuras tās ģenerē.

Savukārt, vispārējie REV apjomi nav ilgtspējīgi, jo lietotnes/maksājumu rīki/lietošanas mēģinās tos iekļaut savās izmaksās.

Nav skaidrs, kāds ir ilgtermiņa līdzsvars.

Crypto won't beat TradFi if we end up with Jump & Citadel running the shop again on top of a censorship resistant orderbook.

Crypto wins by building new market structures where users have the edge. Backed by cryptography & economics.