Ethereum's Dark Forest

Ethereum is a dark forest. Let's see what lies beyond the mempool.

Before a transaction is executed, it is first sent to the mempool, the waiting room for pending transactions. There are three main ways bots can attack these transactions: displacement, insertion, and suppression. More broadly, maximal extractable value (MEV) refers to the maximum value that can be extracted by controlling the order of transactions within a block.

0:00 Intro
1:42 Displacement
4:12 Insertion
6:20 Suppression
7:47 MEV
10:09 The MEV Crisis
11:18 Flashbots
12:41 End

Script/Sources/Music: https://docs.google.com/document/d/1A...

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