Behind the Scenes: The True Cost of MEVs for Blockchains

Description

A new report from Flashbots has warned that Maximum Extractable Value (MEV) is quietly becoming one of the biggest roadblocks to blockchain scaling. According to the research, rampant “spam auctions” driven by MEV searchers are systematically consuming most of the new capacity on high-throughput chains like Solana and Ethereum Layer-2s (L2s), neutralizing scaling gains and driving up user fees. The Scale of MEV-Induced Waste MEV, the extra profit miners or bots can extract by reordering transact...