Saved by Timothy Shih
Intern Breakdown #2: MEV
1. Spent the past few weeks going down a rabbit hole learning about MEV and Flashbots — very cool stuff! I was surprised to learn that beneath the surface, Ethereum is lurking with sniper bots waiting for any opportunity to make money. Here’s a TLDR on some research + findings. https://t.co/PMSVi6xnzW
The rise of Flashbots has sprouted an interest in MEV among the entire Web3 ecosystem. Competitors have appeared in Ethereum, such as Manifold , which competes with Flashbots in the block-building space with non-compliant OFAC blocks.