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Meltem Demirors argues that Miner Extractable Value (MEV) is fundamental to the functioning of blockchains, stressing the importance of transaction ordering within blockspace.
Demirors states that without orderly processing of transactions, consensus—and by extension, the core principle of blockchain networks—would be impossible. According to Demirors, agreement on transaction order is a basic requirement of shared blockchain states.
Demirors has previously highlighted how projects focused on compute flexibility are addressing challenges in financial engineering involving token contracts, according to a recent post here. She also described a recent development as a pivotal moment for the crypto industry after years of advocacy, lobbying, and litigation efforts here. These comments add context to her views on technical and organizational aspects of blockchain systems.