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Ethereum MEV provider Flashbots has launched a new protocol, MeV-Share

2023-02-16 21:48
BlockBeats News, February 16, Ethereum MEV provider Flashbots launched a new protocol called MeV-Share, which distributes a portion of the money earned through maximum extractable Value (MEV) to Ethereum users, not just validators and block builders. The new agreement was announced by the Flashbots team on its community forum and is still in the proposal stage. Robert Miller, product lead at Flashbots, says that by introducing a new entity called "matchmaker," MEV-Share matches transaction packets from searchers with user transactions, This enables searchers to further optimize their MEV capture efforts. Sensitive details of user transactions, such as wallet addresses, will be kept secret, the team said.
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