“wen flashbots mev-bitcoin fork?” It’s here.
Explore Bitcoin MEV and @RebarLabs, the project that came out of stealth to build MEV-aware products and infrastructure for Bitcoin.
MEV & Bitcoin?
You might wonder shouldn't MEVs only exist on networks with smart contracts that can run DeFi or DEX?
MEVs have always existed on Bitcoin (like intentional empty blocks by miners), and the emergence of Ordinals and Bitcoin L2 has created new MEVs.
Bitcoin L2 → MEV
Ordinals add programmability to Bitcoin, but this also creates opportunities for MEV, eg. miners front-run transactions to mint BRC-20.
MEVs like these will grow as these ecosystems develop. More research and coordination are needed.
When Flashbots for Bitcoin?
People like @eawosikaa, @Data_Always, and myself (@msfew_eth) have been asking when Flashbots for Bitcoin to handle MEV.
@0xTaker whetted my appetite, and finally, @RebarLabs came out of stealth to be the first to work on it.
@RebarLabs, MEV-aware products and infrastructure for Bitcoin
Rebar Labs is building infrastructure (alt mempool with private tx), products (data and dashboards), and providing research.
These products will ensure Bitcoin's core principles.
Looking forward to what Rebar has in store for us!
Here are some more Bitcoin MEV stuffs:
An overview of recent non-standard Bitcoin transactions by @0xB10C: https://twitter.com/0xB10C/status/1751973732808081583
The Spectre of MEV on Bitcoin by @waltjsmith: https://twitter.com/waltjsmith/status/1769742031818052088
Stop Calling it MEV by @TheBlueMatt: https://bluematt.bitcoin.ninja/2024/04/16/stop-calling-it-mev/
Discussion on Bitcoin L2 & MEV by @niftynei: https://twitter.com/niftynei/status/1770167165259301177
Halving Fee Chaos by @jimmysong: https://twitter.com/jimmysong/status/1781518918001078441