if you consider anything else than BTC is spam I assumed you wouldn't care about an AMM on Bitcoin :)

your nsec is traveling a bit it seems ;)

yeah but an AMM with BTC only doesn't make sense either so if you assume BTC only on Bitcoin, there will never be any MEV, case closed.

what about: with OP_CAT we can build trustless bridges of BTC and Runes and Ordinals etc. to chains with fast blocks, therefore price discovery will happen there and not on Bitcoin, killing MEV on Bitcoin

excellent idea :) and setup a LN wallet to test freedom money ;)

merci !

tu as testé ?

It doesn't matter :) what would it take you to believe me that such AMM wouldn't be profitable on Bitcoin?

but on Ethereum you don't have UTXOs, you have accounts and you have a global state and you have few seconds block time. How can I work backwards from such a different world? I don't think this is achievable ...

I agree! So where can I deploy this AMM to prove you that no one will use it when the same will be possible on Bitcoin?

I agree. So you would be happy with seeing a not used CAT based AMM deployed on BSV or Liquid? Would this be enough to convince you it won't be popular on Bitcoin? thank you for bearing with me :)

interesting, we need to discuss this more first then :)

the AMM can be easily profitable by simply taking a cut on each trade, then competition will make the amount of this cut just enough so that the operator makes a small profit no?

Even if this AMM is less economically efficient than the same one on Ethereum, nothing will stop users to use it if they want to, knowingly or not that they are not using the most efficient tool.

That's why I say that profit is not an issue per se, only mevil is.

For me this is like saying operating a Lightning node in a profitable way is an issue. It is not, because miners can't extract MEV from LN txs.

it would earn a profit, that's not really the issue, is it? The issue is mevil i.e. could miner make more money, "stealing" from users. Do you agree?

indeed

it would bring eltoo iiuc tough

so a CAT based AMM on Liquid that doesn't leak MEV is good enough to convince you? Genuinely asking, thank you.

I agree, I was referring to Lightning for instance

how would you go about it?

no one is paying me to say anything, I just speak my mind, I think everybody in the world should have the opportunity to experience a sound money like Bitcoin without sacrificing sovereignty. As Bitcoin L1 can't scale to all humans, we need other networks to onboard all those who wants. Is this shit to you? If yes, we disagree on what is shit and what is not.

where would I deploy it?