How Pmcgoohan Discovered the MEV Problem

The CLG Podcast

In this episode, ChainLinkGod and The_Crypto_Oracle talk with Pmcgoohan, the analyst who first discovered the Miner Extractable Value (MEV) problem in Ethereum pre-genesis in 2014. We define what MEV is, the various types of activity that do and don't fall under MEV, why MEV Auctions do not solve MEV, as well as how front-running, back-running, and sachwich attacks on blockchain transactions results in financial harm of end-users. We also cover potential solutions such as Pmcgoohan's proposed content-layer transaction chunking and Chainlink's Fair Sequencing Services (FSS), including their complementary nature.

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