MEV (Maximal Extractable Value) has been loosely defined as the value that block proposers can permissionlessly extract by reordering, censoring, or inserting transactions.
MEV is central to Ethereum block production. As a result, today’s censorship issues are deeply intertwined with MEV research, and both will be discussed in this report. If you’d like my far more opinionated takes here, you can see my recent article.
This report is more of a factual primer focusing on:
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