Saved by Timothy Shih
Intern Breakdown #2: MEV
Essentially, a hacker could turn the transaction malleability quirk into a kind of DDOS (distributed denial of service) attack and flood the network with false transaction codes.
Paul Vigna , Michael J. Casey • The Age of Cryptocurrency
I found a multi-block MeV bot that is using probabilities to prey on users unstaking from GMX due to how their tokenomics are designed. Here's how this works: (1/14)
Ashkazat Bagatovx.comIt seems obvious that applications, not general-purpose networks, will capture the majority of cash flows generated in these systems over the long-run. This is already playing out. Apps have all of the leverage and pricing power with the end-customer. There’s still a big question though – how much MEV leakage will these apps leave around for the ch... See more