The idea of advancing Bitcoin’s smart contract functionality is undeniably promising and exciting. But it’s important to acknowledge that each new proposal carries some degree of MEV risk—albeit likely not to the extent that we see on other chains. As we think about bringing more programmable money to Bitcoin, there are questions we have to ask:
- Can we build a protocol with zero MEV risk, or is this an unattainable ideal?
- Given the inherent risks of MEV in many proposals, what level of MEV risk is acceptable?
- And finally, what represents the simplest proposal that offers the greatest degree of expressivity?
Read more about the intersection of MEV and programmable money in our latest in Bitcoin Magazine: