MEV (Maximal Extractable Value)
The extra profit that those who order transactions into blocks can capture by strategically including, excluding, or reordering them — for instance, by jumping ahead of a known trade. Often described as an invisible tax on users, MEV is a subtle but significant issue in how blockchains operate fairly.
More terms
Chapter 8
Get Chapter 8 free
Subscribe and Chapter 8, on cryptography, opens for you on this site. Invite friends and the rest of Part III opens too.
One email to confirm, then Web3 in plain terms, a free seven-day email course, and an occasional note about the book. Unsubscribe any time.