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What is MEV on Bitcoin? (Paul Sztorc)
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Lately, everyone’s been talking about MEV on Bitcoin: brought to you by broken ordinal inscriptions, t-shirts sold on the Braiins web shop, and miners collecting fees from sidechains.
But what is MEV, really? In S14 E13 of the Bitcoin Takeover podcast, Paul Sztorc defines it as any extra side hustle that miners undertake for the purpose of making more money.
Purists regard it as a perversion of mining incentives, as the side activity may bring more revenue than organizing transactions into blocks. But it’s already been happening for years, with miners accepting OTC payments to speed up transactions from the mempool or else arbitrarily picking some transactions over others.
Learn more about MEV by listening to the episode on Spotify, Apple Podcasts & YouTube 🔥
#bitcoin #bitcoinmev #bitcoinminer #bitcoinmining #mev #bitcoinpodcast #bitcointakeoverpodcast #bitcointakeover #btctkvr #paulsztorc #drivechains #bip300 #sidechain #bitcoinsidechain
But what is MEV, really? In S14 E13 of the Bitcoin Takeover podcast, Paul Sztorc defines it as any extra side hustle that miners undertake for the purpose of making more money.
Purists regard it as a perversion of mining incentives, as the side activity may bring more revenue than organizing transactions into blocks. But it’s already been happening for years, with miners accepting OTC payments to speed up transactions from the mempool or else arbitrarily picking some transactions over others.
Learn more about MEV by listening to the episode on Spotify, Apple Podcasts & YouTube 🔥
#bitcoin #bitcoinmev #bitcoinminer #bitcoinmining #mev #bitcoinpodcast #bitcointakeoverpodcast #bitcointakeover #btctkvr #paulsztorc #drivechains #bip300 #sidechain #bitcoinsidechain
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