Justin Sun: 'Tron Has No MEV Mechanism'

IconCryptoNewsTerminal Staff03 Sep, 2024

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Justin Sun: 'Tron Has No MEV Mechanism'

Tron founder Justin Sun took to Twitter to share that "recently, the TRON Network has received feedback from the community regarding front-running transactions. After investigation, it has been confirmed that TRON does not have a MEV (Miner Extractable Value) mechanism, and that TRON intercepts 98% of front-running transactions." MEV has been a major concern in the cryptocurrency industry, as it allows miners to extract value from users by manipulating the order of transactions. Tron's lack of a MEV mechanism is a major differentiator for the network, and it is likely to be a key selling point for users and developers. Sun's tweet was met with positive reactions from the Tron community, with many users expressing their support for the network's commitment to fairness and transparency.