Ethereum’s transition to proof-of-stake preserved MEV extraction dynamics, transferring them from computational miners to capital-based validators.
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MEV denotes the additional value that blockchain validators — those creating new blocks on the network — can acquire by manipulating the order of transactions within the blocks they create.
The Ethereum blockchain in late 2022 underwent a shift to proof-of-stake... and value extraction methods will continue after that transition
The consensus shift by Ethereum, known as 'The Merge,' from proof-of-work to proof-of-stake in 2022 marked a significant transition, with validators now taking over the role previously held by miners
Related topics
Maximal Extractable Value (MEV)
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Network and user-level impacts
Crypto
Data block