What You Need: Prerequisites for using the MEV bot.
efore starting, familiarize yourself with these fundamental blockchain and MEV concepts:
- Wallets: Understand what a wallet is, how to acquire one, and the best practices for secure storage.
- Mempool: Learn about the role of the mempool in transaction processing.
- Ethereum Blocks: Discover how Ethereum blocks are formed and their significance.
- Bundles: Get to know what bundles are and how they are used in MEV strategies.
- Block Builders: Understand who block builders are and their role in the blockchain.
- Bribes: Explore the concept of bribes in the context of MEV and blockchain transactions.