Hello!
I’m Patrick Collins, and I love web3, smart contracts, and blockchains. I make a lot of educational content, and MEV seems like something that is more and more important, especially in mitigating the negative effects of MEV.
In the traditional finance world, high-frequency trading and information asymmetry were among the most frustrating and upsetting aspects. The world was separated into the haves, and the have-nots (those close to the stock market servers, and those not), and blockchain seemed like the solution to the problem.
Then I learned about MEV.
The good is that the people stealing are 100% transparent. You can at least see the problem happening, whereas in web2, it’s much harder to see who is screwing you over. I’m very interested in what the Flashbots community is doing, and how I can help our community scale and stay protected.
I would be sad, or even devastated to the point that I think web3 “failed” if we build web3 on the same rails that screwed over the traditional financial market.
Originally, I was quite frustrated with those looking to be MEV bots, but in retrospect, that was dumb because to solve a problem, you need to understand at length how it works.
So excited to be here to learn and help as I can.