What is the value extracted by miners (MEV)?
The value extracted by miners, or MEV, is the profit that miners or other network participants receive by optimizing transactions and changing the order in which they are processed on the blockchain. MEV can be either legal or illegal. Legitimate MEV involves optimizing transactions to improve efficiency and reduce transaction fees. Illegal MEC is associated with manipulation and fraud, for example, using bots to get ahead of other network participants and get more profit. How does MEV work? To