Revolutionary Themis protocol presents a solution for MEV (Miner Extractable Value) and now It's fully implemented by the Mangata DEX blockchain. The protocol's current iteration focuses on removing powers causing MEV from any network participant. This brings more fairness and equality to application-specific blockchains.
Introducing Themis protocol v1. A solution to MEV for application-specific blockchains
Miner Extractable Value (MEV) is a fundamental problem of blockchains. The power of miners to decide over transaction order and to censor transactions is a form of insider trading. In this case, an intermediary party has knowledge about future events and can capitalize on this information, thus creating an unfair system.
MEV is shifting power from users to miners, and we consider it the most pressing problem in crypto that needs to be solved.
You can dig deeper into MEV problematic and learn more about Themis architecture the dedicated blogpost:
Explore other Mangata technologies