Evening Must-Read | The Future of MEV is the Future of the Cryptocurrency World. Has the Importance of the MEV Track Been Underestimated?

Important Read | The Future of MEV and its Impact on the Cryptocurrency World Underestimated?

1. Founder of Multicoin: Counting the Seven Hidden Costs of Modular Blockchain

In the past two years, the scope of the scalability debate has gradually narrowed, ultimately focusing on the core issue of modularity and integration. (Please note that in the field of cryptography, the terms “monolithic” and “integrated” systems are often used interchangeably. In the past 40 years, there have been many technical debates between integrated systems at various layers of the stack and modular systems. The same perspective should be applied to this dialogue in the field of cryptography; it is by no means a completely new debate). Click to read more.

2. Bankless Co-founder: How Intent Harnesses MEV Bots

If you were to ask what Ethereum excels at, it would be large-scale digital asset trading. We wouldn’t call it the “settlement layer” for no reason – different DEXs, different tokens, different trading reasons… But the vast majority of activities on Ethereum L1 are simply token exchanges. Click to read more.

3. Telling Stories and Offering Equity: Can Ctrip Make NFTs Work Overseas?

In recent years, there have been many practices by commercial brands to explore NFTs and digital collectibles. Many companies hope to find growth points outside of traditional business by connecting with the Web3 community and younger audiences. Unfortunately, most attempts have ended up as short-lived marketing activities without a chemical reaction with actual business. Click to read more.

4. Capturing Rebound Signals and Surviving the Cold Winter in a Cooling Market

In September 2020, the innovative term “NFT (Non-Fungible Token)” slowly entered people’s field of vision and was captured by a few early players and institutions. Starting from February 2021, NFTs completely exploded, with a weekly trading volume exceeding $2 million, and within a few months, the total market value of most NFT projects increased by as much as 2000%. A large number of outsiders have scrambled to learn and enter the market. Click to read more.

• Telling Stories and Sharing Rights. Can Ctrip Play with NFTs Overseas?
• Opside ZK-Rollup LaunchBase Major Update Supports multiple L1 options such as ETH/BSC/Polygon testnet.
• What is Mantle Network? Ethereum Layer 2 Solution Guide

5. The Future of MEV is the Future of the Cryptocurrency World: Has the Importance of the MEV Track Been Underestimated?

While Ethereum still uses the PoW mechanism, MEV represents “Miner Extractable Value.” Under the PoS mechanism, miners have been replaced by validators, and MEV represents the “Maximum Extractable Value.” Unlike the few opaque mining pool operators who control transaction ordering and benefit under the PoW mechanism, the right to arbitrage transaction ordering within a block is open to anyone under the PoS mechanism, creating an open market for block space arbitrage. LianGuairadigm’s GP Dan classifies MEV as EIP-1559 burn, hedging, rebalance loss, and price changes before and after transactions. To break down the understanding of this obscure term MEV, any portion/all of the value captured through transaction ordering privileges on-chain can be attributed to some form of MEV. Therefore, arbitrage behavior on-chain is sometimes collectively referred to as MEV, which is also seen as a byproduct of blockchain, an incentive measure without permission, and users can extract it based on a first-come, first-served basis. Click to read more.

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