The term “maximal extractable value” replaced “miner extractable value” after Ethereum transitioned to proof-of-stake in The Merge (2022), to encompass extraction methods used by both miners and validators.
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When Ethereum’s blockchain shifted to proof-of-stake during The Merge in 2022, the term shifted to “maximal extractable value” to reflect a wider group of methods miners and validators used.
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Maximal Extractable Value (MEV)
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Crypto
Data block
