In crypto, MEV typically refers to bots and searchers on chains like Ethereum reordering, inserting, or censoring transactions around DEX trades and liquidations to extract value from users in the form of worse prices, failed transactions, and higher costs.
However, did you know that Bitcoin also has MEV-like dynamics at the mempool and policy layer? It’s akin to its own quiet version of MEV, without DeFi-style bots front-running swaps. Instead, miners and pools use fee signals, mempool policies, and block templates to determine which transactions clear first.
Bitcoin Core v28 turned full replace-by-fee mempool policy on by default (mempoolfullrbf=1) and added limited 1-parent-1-child package relay. Miners and pools that run Core or compatible software inherit these defaults, but they can still choose alternative policies.
Yet, the public mempool is only part of the auction that determines which transactions are cleared in the next block, as out-of-band routes to pools and wallet-lev
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