$KAS vs. MEV resistance (and a little bonus at the end)
How Kaspa wants to tackle one of the most significant “bugs” of Decentralized finance?
Majority of people does not even know what the term MEV means and how it affects the users of it.
MEV = maximum extractable value or… pic.twitter.com/NWGlEpbZcE
— Šťoural (@Audit1000) November 24, 2024
### Shai Wyborski Discusses MEV Resistance in Kaspa Network
In a recent tweet, Shai (Deshe) Wyborski, a PhD candidate in quantum cryptography and a core developer of the Kaspa network, addressed the critical issue of Maximum Extractable Value (MEV) and its implications for decentralized finance (DeFi).
In his post, Wyborski emphasized that while many users of DeFi platforms are unaware of the term “MEV,” it significantly affects their transactions and overall experience on these platforms. He described MEV as the maximum value that can be extracted during a transaction execution, which can lead to various adverse effects, including increased costs and reduced trust in the system.
Wyborski focused on how the Kaspa network intends to address this significant challenge. He pointed out that Kaspa aims to implement mechanisms that bolster resistance to MEV, thereby enhancing user security and fairness within its ecosystem. This resistance is crucial for maintaining the integrity and validity of the decentralized financial space, especially as more users transition to these platforms.
In addition to discussing MEV, Wyborski hinted at an exciting “bonus at the end,” which piqued the curiosity of his followers and suggests that further developments related to this topic might be on the horizon.
For those interested in following the latest updates and resources regarding Kaspa, be sure to visit Kaspanews.net, the leading news site for all things related to the Kaspa network.