Data storage on bitcoin is.. whatever? Pay miners.
Introduction of MEV is a *huge* issue.
As we’ve seen with ETH both pre- and post-PoS MEV creates intense centralization pressure that would all but defeat the purpose of bitcoin. Luckily there’s no excuse for introducing MEV - any system you design which does introduce it can ~always be designed to avoid the introduction of MEV. While people play around with systems built on top of Bitcoin it’s important to suggest MEV-avoiding alternatives and discourage use of MEV-introducing systems.
matt / Matt Corallo
npub185…swrdp
2023-03-08 23:10:17
Author Public Key
npub185h9z5yxn8uc7retm0n6gkm88358lejzparxms5kmy9epr236k2qcswrdpPublished at
2023-03-08 23:10:17Event JSON
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"created_at": 1678317017,
"kind": 1,
"tags": [],
"content": "Data storage on bitcoin is.. whatever? Pay miners.\n\nIntroduction of MEV is a *huge* issue.\n\nAs we’ve seen with ETH both pre- and post-PoS MEV creates intense centralization pressure that would all but defeat the purpose of bitcoin. Luckily there’s no excuse for introducing MEV - any system you design which does introduce it can ~always be designed to avoid the introduction of MEV. While people play around with systems built on top of Bitcoin it’s important to suggest MEV-avoiding alternatives and discourage use of MEV-introducing systems.",
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}