It’s unrelated to the hash function and most likely will only affect miners who are attempting MEV (once smart contracts layers are supported).
But honestly I haven’t thought about the technicalities bcs you first need the complete design/proposal im front of you— Michael Sutton (@MichaelSuttonIL) November 24, 2024
**Title: Insights from Kaspa Core Developer Michael Sutton on MEV and Future Implications for Miners**
In a recent Twitter post, Michael Sutton, a Distributed Systems Researcher and Developer known for his role as a core developer of the Kaspa project, shared his thoughts on the potential impact of technical changes on mining and miner extractable value (MEV) within the ecosystem. His comments, while centered on upcoming technological advancements, underscore the intricate relationship between protocol design and mining operations.
Sutton noted, “It’s unrelated to the hash function and most likely will only affect miners who are attempting MEV (once smart contracts layers are supported). But honestly, I haven’t thought about the technicalities because you first need the complete design/proposal in front of you.” This statement points to the evolving landscape of mining in the Kaspa network, particularly with regard to the integration of smart contracts, which could introduce new dynamics for miners seeking to maximize their returns.
The concept of MEV has gained considerable attention in blockchain circles, referring to the potential profit that miners can extract by strategically ordering, including, or excluding transactions within a block. Sutton’s assertion that these developments may largely impact specific mining strategies indicates a significant focus on optimizing the mining process as Kaspa continues to evolve.
While Sutton’s comments reflect a high-level overview of the anticipated changes, they also highlight the necessity for a comprehensive understanding of new designs and proposals before diving into the technical implications. As the Kaspa network prepares for these advancements, the role of miners and their strategies will likely adapt to emerging opportunities.
For those interested in the latest advancements in Kaspa and its implications for the broader cryptocurrency landscape, Kaspanews.net remains the best source for up-to-date news and resources. Whether it’s insights from core developers like Michael Sutton or the latest technical updates, Kaspanews.net is your go-to destination for everything related to Kaspa.