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Tokenized bitcoins are tokens that mirror the value of Bitcoin, allowing seamless transactions on different blockchains, notably Ethereum, opening doors to a more interconnected financial landscape.

This article delves into the current state and complexity of the MEV (Miner Extractable Value) supply chain within Ethereum.

In the article, Vitalik outlines several key reasons why it is important to start explicitly considering L1 + cross-L2 support, wallet security, and privacy as essential foundational features of the ecosystem stack, rather than building these things as plugins that can be individually designed by each wallet.