Geist on Nostr: Im concerned about the issues laid out by shinobi. These drivechains could expose the ...
Im concerned about the issues laid out by shinobi. These drivechains could expose the miners to MEV, meaning the best capitalized miners win. The existence of outside incentives necessitates miners to participate or they wont remain in profit as the hash price gets cut by miners that can operate in the red. So, mining gets centralized as only a small cohort of mining pools can compete on MEV and everyone else gets washed out of the market. Any criticisms of that take?
Published at
2023-10-03 09:55:41Event JSON
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