Slow and Steady: Preventing MEV with Verifiable Delays
arXiv SecurityArchived Aug 14, 2026✓ Full text saved
arXiv:2608.13271v1 Announce Type: new Abstract: Our work presents a defense mechanism against Maximal Extractable Value (MEV) opportunities in distributed ledgers. The mechanism relies on the idea of enforcing a verifiable delay when generating transactions, such that a block creator cannot react to the appearance of a MEV opportunity without breaking liveness. We present positive results both in the Byzantine setting and in a game theoretic model of rational participants. We additionally presen
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Computer Science > Cryptography and Security
[Submitted on 13 Aug 2026]
Slow and Steady: Preventing MEV with Verifiable Delays
Zeta Avarikioti, Dimitris Karakostas, Karl Kreder, Shreekara Shastry
Our work presents a defense mechanism against Maximal Extractable Value (MEV) opportunities in distributed ledgers. The mechanism relies on the idea of enforcing a verifiable delay when generating transactions, such that a block creator cannot react to the appearance of a MEV opportunity without breaking liveness. We present positive results both in the Byzantine setting and in a game theoretic model of rational participants. We additionally present negative bounds that outline the limitations of this line of defense. Finally, we explore real-world implementation details of verifiable delays and show that, based on historical MEV data, our mechanism could realistically help prevent most existing MEV threats.
Comments: A revised version is accepted for publication at the 10th International Workshop on Cryptocurrencies and Blockchain Technology (CBT 2026)
Subjects: Cryptography and Security (cs.CR)
Cite as: arXiv:2608.13271 [cs.CR]
(or arXiv:2608.13271v1 [cs.CR] for this version)
https://doi.org/10.48550/arXiv.2608.13271
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Submission history
From: Dimitris Karakostas [view email]
[v1] Thu, 13 Aug 2026 14:08:34 UTC (51 KB)
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