MEV Has Spread to Bitcoin, in Subtler Forms Than on Ethereum

MEV Has Spread to Bitcoin, in Subtler Forms Than on Ethereum


Arbitrage opportunities exist in traditional finance and in crypto, but in the latter they are more pronounced due to the visibility of pending transactions and slow settlement times.
Although less prominent than on Ethereum, MEV on Bitcoin is emerging through practices like “sniping” Ordinal inscriptions, mining empty blocks, and miner cartelization.
MEV emerging on Bitcoin could lead to pressure from the market for mempools to “go private” which would undermine the cryptocurrency’s founding tenets.

One of the supposed “killer apps” for cryptocurrencies and blockchains is the ability to trade all kinds of assets (if you can call them that) without a centralized financial intermediary. Never mind

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!