matt on Nostr: MEVil (or centralizing MEV) is one of the biggest threats to bitcoin’s value, but ...

MEVil (or centralizing MEV) is one of the biggest threats to bitcoin’s value, but it’s poorly understood. I wrote about what it is (and isn’t) and how developers and bitcoiners must consider it carefully if we want bitcoin to survive.

Notably, we need to be incredibly careful when we’re looking at the new wave of bitcoin L2s - rollups can be incredibly nasty for the destruction of bitcoin - or not. Devs building these things have a responsibility to bitcoin, and the bitcoin community a responsibility to inform and avoid systems that risk bitcoin.

https://bluematt.bitcoin.ninja/2024/04/16/stop-calling-it-mev/