Should MEV be Tackled at Application Layer or Protocol Level?

Sun, Nov 10, 2024, 12:32 PM · 54:19

The debate focuses on the optimal level at which to address Maximal Extractable Value (MEV) in blockchain systems - whether at the foundational protocol level or through application-layer solutions. MEV represents value that can be extracted from blockchain systems through transaction ordering, front-running, and sandwich attacks, affecting user experience and fairness. This conflict explores where in the blockchain stack MEV should be primarily addressed to maximize effectiveness while maintaining system efficiency.