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What is MEV ?

MEV refers to the maximum value that can be extracted from block production in a blockchain network by including, excluding, or reordering transactions within a block.

What is an MEV bot?

An MEV bot is a software tool designed to identify and exploit opportunities for extracting  MEV by strategically placing transactions in a blockchain's transaction pool.

Why is MEV important in blockchain technology?

MEV is significantly worth because it can impact the fairness, efficiency, and security of blockchain networks. Understanding MEV helps developers and miners maximise their rewards and optimise the blockchain's performance.

What blockchain networks can MEV bots be used on?

MEV bots are commonly used on Ethereum, but they can be adapted for other blockchains that support smart contracts, like Binance Smart Chain and Polygon.

What are flashbots and how do they relate to MEV?

Flashbots is a research and development organization focused on mitigating the negative externalities of MEV. They provide tools and frameworks for more transparent and fair MEV extraction.

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