Additional Research Excerpt
To offer investors, analysts, and stakeholders a clear understanding, MÆc has published a new clarification detailing Ethereum’s value proposition, its Proof-of-Stake consensus mechanism, and the Maximal Extractable Value (MEV) market. Here are some higher-level questions and answers drawing on the provided source, designed to enhance understanding of Ethereum and MEV:
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ELI5: Explaining The KZG Ceremony
The Ethereum KZG ceremony is a cryptographic ceremony that aims to provide a secure foundation for Ethereum scaling. The ceremony involves a number of participants, each of whom contributes a secret number to a shared pool. These numbers are then used to generate a random number that is used to secure the Ethereum network. Imagine…
Auto Deleveraging
Some DEXs strives to avoid ADL and have features to minimize its impact. Traders’ positions are at risk of ADL based on an indicator with their priority in the queue, with more profitable and higher leveraged traders liquidated first. ADL involves closing out positions at the bankruptcy price and sending a notice to the affected…
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