Draft:Maximal Extractable Value

Maximal Extractable Value (MEV), previously known as Miner Extractable Value, is a concept within the field of blockchain and cryptocurrency that refers to the measure of the profit a miner (or validator) can make through their ability to arbitrarily include, exclude, or reorder transactions within the blocks they produce. . The term was first coined by the researchers Phil Daian, Steven Goldfeder, Tyler Kell, Yunqi Li, Xueyuan Zhao, Iddo Bentov, and Ari Juels in their paper titled "Flash Boys 2.0".

Researchers have pointed out that the market forces of MEV may present a risk to Proof of stake consensus mechanisms, while some have pointed out that this extraction of value may resemble market manipulation.