EIGEN’s riches tempt Ethereum developers even as ETF approval nears.

MEV sniping! We’re not sure exactly what started it all, but top Ethereum developers were arguing about social media platform X. Maximum extractable value, or MEV – essentially using sophisticated trading bots to pre-execute user trades at the time of execution. May 16, Ethereum core developer Péter Szilágyi tweeted About his despair at the lack of progress in efforts to solve some of blockchain’s most vexing problems. “Ta-da, the banking system has been reinvented,” he wrote. One of his points was that Ethereum has “glorified” MEV, ostensibly sarcastically saying, “Fighting against MEV is futile, so we might as well rely on it, right?” (As documented in an article in The Protocol last week, even US government officials appear to characterize MEV as follows: standard operating procedures On the blockchain.) Ethereum Foundation researcher Dankrad Feist retweeted Szilágyi’s post: comment, “If you can’t tell me what the solution would be to allow local block producers to extract MEV, this is too lazy to think about it.” all in the back-and-from now on Ethereum co-founder Vitalik Buterin also tweeted, “I’m really proud that Ethereum doesn’t have a culture that prevents people from speaking their minds, even when they have very negative feelings about major issues.” Protocol or ecosystem?” Who is Buterin? Known for writing at lengthBy halting ongoing project work in Kenya. Essay of at least 3,000 words Analyzing the problem, we concluded the following: “I also don’t think the situation is as hopeless as Peter’s tweet suggests.”