Miner Extractable Value (MEV)

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Miner Extractable Value (MEV)

What is Miner Extractable Value (MEV)?

MEV, also known as the maximum value a miner may take from moving transactions while creating a block on a blockchain network, is also referred to as an “invisible tax” that miners can levy on users.

The initial prediction of the behavior was made in 2014 by an algorithmic trader using the alias Pmcgoohan, who cautioned that miners would covertly reorder transactions in a mempool for private advantage.

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