One step closer to the “Merge”, the Ethereum blockchain has deployed another shadow fork.
A shadow fork implementing a small set of changes is available for testing. In the previous shadow fork, a new modification was tested- MEV-boost or “Most Extractable Worth.”
MEV has been referred to as “Miner Extractable Worth” due to its representation of how much revenue Ethereum miners would make if they chose the transactions and order for each block added to the chain.
As Ethereum transitions to Proof-of-Stake, MEV capabilities will now be in the hands of the community’s validators. The MEV increase will allow validators to supply block house to different validators from the blocks they create.
One feature that will aid communities decentralize is the ability to divide income more evenly and stabilizing the risk of 1 party get a bonus.
The week before last, Ethereum completed the Sepolia Merge, a second final testnet merge earlier than the mainnet improvement.
It is worth noting that in contrast to the Sepolia Merge which strikes the entirety of the Ethereum blockchain onto a testnet environment, shadow soft forks are usually not full testnet hard forks.
ETH is on the rise for 24 hours at the time of press, where it’s currently trading at $1,197, up 7.65% in the last 24 hours.
