From c7d71a7adb010b4f7d7c29356eb0b9f0c39ec683 Mon Sep 17 00:00:00 2001 From: "dr. mia von steinkirch, phd" <1130416+mvonsteinkirch@users.noreply.github.com> Date: Tue, 7 Feb 2023 11:42:29 -0800 Subject: [PATCH] MEV extraction can be a force of good in a non-predatory blockspace free-market as an incentive for economic security --- README.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/README.md b/README.md index d946454..89eb02e 100644 --- a/README.md +++ b/README.md @@ -16,7 +16,7 @@ #### 👾 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). -#### 👾 MEV extraction can be a force of good in a non-predatory blockspace free-market as an incentive for economic security. order flow toxicity is a trader's exposure to counter-parties possess private informational advantages. +#### 👾 MEV extraction can be a force of good in a non-predatory blockspace free-market as an incentive for economic security. order flow toxicity is a trader's exposure to counter-parties that possess private informational advantages. #### 👾 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 paper [flash boys 2.0](https://arxiv.org/abs/1904.05234).