Understanding Maximum Extractable Value (MEV) and the Role of ZMOK
Blockchain technology, specifically Ethereum, has been plagued by a problem known as Maximum Extractable Value (MEV). In this post, we will delve into the intricacies of MEV and highlight how ZMOK is innovatively reshaping this space.
MEV is a measure of the profit a miner (or validator, in the context of Ethereum 2.0) can make through their ability to arbitrarily include, exclude, or reorder transactions within the blocks they produce. This value extraction often leads to several inefficiencies and negative externalities, including reduced transaction throughput, increased transaction costs, and unpredictable confirmation times.
ZMOK, a forward-thinking project, is tackling these issues head-on. By leveraging its cutting-edge technology to facilitate rapid transaction propagation, ZMOK is reducing the impact of MEV significantly. This approach not only promotes a more efficient and inclusive blockchain ecosystem but also provides a robust platform for traders, aiding them in executing their strategies more effectively and efficiently.
To help our community better understand the MEV landscape, we have curated a selection of resources:
MEV Resources Curated by ZMOK
- The Cost of Decentralization in 0x and EtherDelta
- SoK: Transparent Dishonesty: front-running attacks on Blockchain
- Flash Boys 2.0
- Combining GHOST and Casper
- Ethereum is a Dark Forest
- Escaping the Dark Forest
- Quantifying Blockchain Extractable Value: How dark is the forest?
- MEV and Me
- Analysis of Uniswap Markets
- On the Just-In-Time Discovery of Profit-Generating Transactions in DeFi Protocols
- MEV Bot framework: A framework for creating bots to automate MEV strategies
- OS MEV Bot Written In Rust: An open-source bot written in Rust, designed for MEV application
- Uni v2/v3 sandwich bot: A bot for executing sandwich attacks in Uniswap v2 and v3
- OS EVM front-running bot: An open-source bot specific to front-running on the Ethereum Virtual Machine
- MEV Bot Info: A source of information about MEV bots
- More MEV resources
In addition to these articles, there are numerous podcasts, research posts, presentations, and Twitter threads that can help you understand MEV in greater depth.
At ZMOK, we believe in creating a more equitable and efficient blockchain environment. By mitigating the impact of MEV, we are making strides towards this goal. Keep an eye on this space for more updates on our MEV-related developments.