"Sadly, there has been very little in the way of a clear definition of MEV in the context of Bitcoin. And the standard definition of the term is so broad as to be entirely useless in discussions of protocol risk."
— BlueMatt
As Bitcoin becomes increasingly expressive, does it risk sacrificing its core value of censorship resistance? Can the concept of Miner Extractable Value (MEV) be redefined to distinguish between its broad, unavoidable forms and the more insidious "MEVil" that threatens decentralization? Join us as we delve into Matt Corallo's thought-provoking article "Stop Calling it MEV" and explore the implications of MEV on Bitcoin's future.
Check out the original article at Stop Calling It MEV [BlueMatt's Blog] (Link: https://bluematt.bitcoin.ninja/2024/04/16/stop-calling-it-mev/).
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“It is the obvious which is so difficult to see most of the time. People say 'It's as plain as the nose on your face.' But how much of the nose on your face can you see, unless someone holds a mirror up to you?”
― Isaac Asimov