MEV is a choice blockchains must confront
MEV isn’t inevitable. It’s engineered exploitation masquerading as necessity. Blockchain’s future depends on eliminating this hidden tax on users.
Opinion by: Da Hongfei, founder of Neo
Decentralized, permissionless and transparent. These are the principles that attracted many of us to the blockchain ecosystem. This vision is still being undermined, however, by an insidious, often invisible force: maximal extractable value (MEV).
MEV isn’t inevitable; it’s a choice. Too many treat it as an unavoidable byproduct of blockchains. It is not. MEV is engineered into incentives, and it can be engineered out. Left unchecked, it becomes a hidden tax, a form of censorship, and a direct assault on fairness and decentralization.