Myth #2 – MEV lets Miners Manipulate Transactions
Expanding on our first myth, its important to get a better understanding of “MEV” or “Miner Extractable Value” A lot of fear mongering suggests that MEV means that blockchain miners are dangerous, manipulative middlemen who can modify your transactions, and that simply isn’t the case. This uninformed rhetoric mostly stems…
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Myth #1 – Miners are Financial Intermediaries
You may have heard the myth that “Miners are financial intermediaries.” In the context of regulation this essentially means “an entity that can manage or control a transaction.” Because the entity can control a transaction, they are required to meet specific regulations to provide basic consumer protection. These regulations are…