In common usage MEV describes a much wider basket of

Question

In common usage MEV describes a much wider basket of

functions than literally miner extravtable value. But in a strict sense I understand the EOSIO side of it to be pretty restrictive / no transaction reordering, yeah?

#blockchain #cryptocurrency #english #telos

0

24.06.2022

10 ответов

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Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope

Correct. Telos specifically has restrictions against reordering transactions for profit with a penalty of 5 years prohibition from serving as a BP, on top of the challenge of building the software that would do this.

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25.06.2022

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope

MM DOOM
Yeah, I guess I am not familiar with other types o...

Front-running is seeing queued txs and jumping ahead of them. This used to happen primarily from the mempool. Its a specific type of exploit. MEV means validators inserting txs that are not coming from a mempool at all but instead from another channel of communication with the validator, for which the validator is paid or earns its own profit. Front-running is just one of the ways MEV can extract value. Most chains just have this as a way that the protocol is designed to work. Telos is one of the only networks to say that validators cannot do this & apply a clear penalty and means of enforcement. It would, btw, be easily proven because the BP producing the block would have included a transaction that no other BP had received at all.

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25.06.2022

Bytecode360 Katoshi [1337 f4rm3r]

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope
Correct. Telos specifically has restrictions again...

How do you catch someone doing it?

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25.06.2022

Jesse | Telos

The tools like dexscreener and such flag them with a red bad guy icon… it’s super obvious

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25.06.2022

Bytecode360 Katoshi [1337 f4rm3r]