diff --git a/README.md b/README.md index 3f3786c..821049b 100644 --- a/README.md +++ b/README.md @@ -10,11 +10,15 @@
-### tl; dr +## tl; dr -#### the concept of maximal extractable value (mev) - a revenue stream generated from priority gas auction (PGA) - was coined by the 2019 research paper [flash boys 2.0](https://arxiv.org/abs/1904.05234), and encompasses the profits generated by participant parties when producing new blocks on a blockchain. +#### maximal extractable value (MEV) encompasses the profits generated by participant parties in the block production supply chain, a revenue stream generated from priority gas auction (PGA). -#### the resources in this repository are from my own research, which is intermittent and boundless. therefore, no guarantees, no promises; use it at your own risk. +#### MEV extaction can be a force of good in a non-predactory blockcspace free-market as an incentive for economic security. + +#### the initial concept of MEV started as a thread by [pmcgooohan](https://twitter.com/pmcgoohancrypto?lang=en) on [e/ethereum](https://www.reddit.com/r/ethereum/comments/2d84yv/miners_frontrunning/), and it was formalized by [phildaian](https://twitter.com/phildaian)'s [research paper [flash boys 2.0](https://arxiv.org/abs/1904.05234). + +#### this repository is an ongoing boundless catalog from my own research. therefore, no guarantees, no promises; use it at your own risk.