The MEV Pipeline on Ethereum Post Merge

We've covered the MEV pipeline on Ethereum post merge in depth in previous episodes. This notion of MEV is known as minor extractable value or maximum extractable value. In any transaction system, which are all ordered, whomever is in the privileged position of controlling that ordering can extract value from doing so. And this had a bunch of positive consequences in terms of removing negative externalities like gas price wars and PGA's That were occurring pretty frequently on the network at that point.