“MEV is more or less a tax from unsophisticated traders to sophisticated ones, whereby users with high levels of technical know-how extract value from users who are less informed,” Darius Tabatabai, CEO at Vertex Protocol, explained in an email to CoinDesk.
Some people believe Flashbots’ approach to solving MEV has only worsened the problem, turning MEV into a multibillion-dollar cottage industry when it should instead be engineered out of existence. Others say that Flashbots’ dominant market position has helped to facilitateon the network, centralizing Ethereum’s block-production apparatus and making it easier for governments to stop certain types of transactions.
Flashbots has been mindful of community criticism."Even Flashbots knows it has a lot of responsibility in their hands and has recognized that it needs to move further into the Ethereum-native system and distribute that authority more evenly," Or Dadosh, CEO of the crypto security service Ironblocks, told CoinDesk.
skesslr It’s a nuisance. Even since PoS It’s being used to absolutely wreck DeFi token launches. They bundle the dev tx and sandwich buyers between 50 wallets. They’re using it to steal millions
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