MEV vectors refer to the specific methods or strategies employed by participants to extract Maximal Extractable Value (MEV) from a blockchain. MEV represents the profit that can be gained by validators, miners, or other network participants through their ability to arbitrarily include, exclude, or reorder transactions within blocks. Common vectors include frontrunning, backrunning, and arbitrage opportunities. These methods exploit inefficiencies in transaction ordering.
Context
MEV vectors are a highly discussed topic in blockchain research and development, particularly concerning their impact on transaction fairness and network decentralization. Debates often focus on the ethical implications of MEV extraction and the potential for it to centralize power among block producers. Solutions like proposer-builder separation (PBS) and other protocol design changes are being explored to mitigate the negative effects of these value extraction strategies.
The analysis of DAG-based systems reveals three new frontrunning attack vectors, proving high-throughput architectures introduce complex, unmitigated MEV risk.
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