Summary
MEV is a controversial issue in the industry as it can reduce user profits through methods like sandwich attacks and frontrunning, but some argue it can improve blockchain network efficiency.
Key Points
1. MEV is often referred to as an “invisible tax” on users due to extraction methods like sandwich attacks and frontrunning that can reduce end-user profits.
2. Despite being a controversial topic within the industry, some advocates argue that MEV can actually improve blockchain network efficiency.
3. Understanding and addressing MEV is crucial for ensuring fair and efficient transactions on blockchain networks.