If more complicated protocols become a major part of bitcoin's transactions, what the resulting MEVil looks like in practice is something we should all be clear about.
@7d5x9 (from Twitter) and I sat down and wrote about the best (bad) solution we'd have if MEVil becomes big.
In that world, complicated transaction construction algorithms would put immense pressure on mining centralization which, left to develop on their own, would drive horrible outcomes for Bitcoin.
Instead, we propose the best idea we have - containing the damage to as small an area as possible by allowing the MEV(il) extractors to only bid for a small part of blockspace, leaving miners to pull from the public mempool for the rest. (It also enables more competition between MEV(il) extractors than ethereum's PBS by splitting the block space market into many smaller markets on a per-contract basis).
It still represents a dramatic increase in centralization in the mining world, with marketplace centralization potentially allowing for exclusion of certain miners, but its way better than letting MEVil play out naturally.
https://github.com/mevpool/mevpool/blob/main/mevpool-marketplace.md
is this better than status quo in your opinion?
what movie is this from?
watching nation states panic sell will be interesting
do you know if they'll do orders of 1-5?
we've already won.
nostr:note1tmc63hzttj0frgjf34dkt4kltv9pa64w88yfku4f59hj2ceqzn2sjqxu0n
looks like they have a wait-list for a credit card...
either all this waste and corruption developed in the last 4 years or Trump was president for 4 years while it was going on
nostr:note1c9e8zzv64nvd53eqqpe8zq4nnmnj0uhjkcu7nrx3uxzawvk5fp0srkhepr
and if there's any spread between the two, that's the cost of getting a deal done
nostr:note1l29e6pummnegvka4wwq5kc4cem5j4yn4fmwawnzzpdle5fcagqaqjsmunm
stop bombing Somalia
nostr:note1w6yhwcfyqj6vnrp3r586ncp42ylgj39wequj7qgvud2tzzq73lzqwd37d6
one man's cost of capital is another man's investment rate of return
listening now. what he do?
how long should we expect support for pixel tablet 11? nostr:npub1gd3h5vg6zhcuy5a46crh32m4gjkx8xugu95wwgj2jqx55sfgxxpst7cn8c nostr:npub1235tem4hfn34edqh8hxfja9amty73998f0eagnuu4zm423s9e8ksdg0ht5
asking for a cover letter is a surefire way to filter out the best candidates. good resumes speak for themselves and high caliber talent is not going to waste their time trying to convince you to be interested in them
that didn't take long. painful reminder the main function of government is murder. doesn't matter if it's Republican or Democrat.
https://www.zerohedge.com/geopolitical/trump-orders-first-airstrikes-foreign-soil-taking-office
interesting that "CapEx may be way lower than expected" is driving the market down, not up
update: I was wrong. still highly correlated. stay humble and stack sats
nostr:note10sadlnfk760578lv6pkn37khtp6hpxfkle2cfy8z7smgvzgz69rsa4yld8
bitcoin acting pretty uncorrelated this morning. AI CapEx being orders of magnitude lower than expected if DeepSeek's training is as disruptive as advertised means the AI bubble is popping, while bitcoin is being seen as the place to be to capture all this deflation
don't know honestly. if he did, does that somehow make namecoin useful? no.
now that nostr exists, it has helped point out most blockchain projects really just ought to be nostr projects. aside from money, blockchains are useless. but public private key pairs have a gazillion use cases