Re: [bitcoin-dev] CTV BIP Meeting #9 Notes

2022-05-20 Thread alicexbt via bitcoin-dev
Hi ZmnSCPxj, > TLDR: MEV = Miner-extractable value, basically if your contracts are complex > enough, miners can analyze which of the possible contract executions are most > profitable for them, and order transactions on the block they are building in > such a way that it is the most profitabl

Re: [bitcoin-dev] CTV BIP Meeting #9 Notes

2022-05-20 Thread ZmnSCPxj via bitcoin-dev
Good morning fd0, > > In addition, covenant mechanisms that require large witness data are > > probably more vulnerable to MEV. > > > Which covenant mechanisms require large witness data? `OP_CSFS` + `OP_CAT`, which requires that you copy parts of the transaction into the witness data if you w