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Miner Extractable Value (MEV) Meaning

The original, specific term for Maximal Extractable Value. It specifically refers to the profit miners can make on a Proof of Work chain by reordering transactions.

Miners have the ultimate power over which transactions get into a block and in what order. This power allows them to perform risk-free arbitrage.

While this keeps markets efficient, it has sparked a massive debate about ethics and fairness in the decentralized ecosystem.

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