Home Altcoins News Number Of Projects Building on Avalanche (AVAX) Will Increase 10x

Number Of Projects Building on Avalanche (AVAX) Will Increase 10x

Number Of Projects Building on Avalanche (AVAX) Will Increase 10x

Kyle Davis Expressed:  Prediction: The number of projects building on Avalanche (AVAX) will >10x in the next 3 months.

Emin Gun Sirer responded stating, “Can’t wait. There are so many cool things I want to deploy as well. Now, Avalanche is a fun chain with arbitrage opportunities. Come and take advantage of them.  Liquid markets are great. And, you don’t need to be a miner to take advantage of arb opportunities.”

The community were happy and some of them were like:  Good things coming very soon. Already such a bounty.  I could not follow Avalanche’s growth. It is hard to catch the project because every hour one other is coming to Avalanche network.

AVAX Community Queries: Any plan to make Avalanche quantum-resistant?

There are only a finite number of opportunities available. Following the analogy, only one person can arbitrage the trinket between Miami and New York. Miners (or Validators) are the ones who decide who gets this opportunity. They can extract the MEV themselves, or they can.

Outsource it, but ultimately it makes no difference in ID.  They are the ones to actually do the extraction or not – because they can decide who does. This is why the MEV community fundamentally disagrees with statements like “on chain arbitrage isn’t MEV.”

I don’t know about this particular case, and I know avalanche reduces MEV possibilities greatly! But since validators can choose the ordering of transactions within a block if the arb. happened in the same block, wouldn’t that be considered MEV?

I get there is no block reorgs and so MEV can’t happen between blocks. Would it be possible to take away from the validators the power to choose the order within a block? Sorry if the question is a bit stupid, might be missing something

Guess it depends if you go with the old term (Miner) or the new one (Maximum). Either way the end result is the same. Whether a user uses their technological edge to “attack” another user or their mining infra to org in their favor, both are bad yet both follow the “rules”

Some arb is good, it’s the basis of an market efficiency. But front-running/sandwiching isn’t. Whether it’s done by a miner or a user is kind of irrelevant to the end result.

Also I don’t think taking on “the world” to argue about semantics of the M word really matters. What I care about as a user is if my DEX trade is gonna get exploited or not.

 

 

 

Read more about:
AVAX
Share on

Steven Anderson

Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9

Crypto newsletter

Get the latest Crypto & Blockchain News in your inbox.

By clicking Subscribe, you agree to our Privacy Policy.