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Difference between revisions of "MEV"
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Maximal extractable value (MEV) is a measure of the total value or profit available for extraction. MEV can be extracted permissionlessly by privileged protocol actors from the reordering, inclusion, or censoring of transactions within a block being produced on a blockchain. These privileged actors include miners, validators, and traders. MEV was formerly referred to as Miner Extractable Value. | Maximal extractable value (MEV) is a measure of the total value or profit available for extraction. MEV can be extracted permissionlessly by privileged protocol actors from the reordering, inclusion, or censoring of transactions within a block being produced on a blockchain. These privileged actors include miners, validators, and traders. MEV was formerly referred to as Miner Extractable Value but as Ethereum completes the transition to proof-of-stake, the term will be outdated. Validators will have the responsibility that miners once had, so the naming was changed while maintaining the same acronym. <ref>https://ethereum.org/en/developers/docs/mev/</ref> | ||
== Overview == | == Overview == | ||