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Blockdaemon Blog
Blockdaemon Ethereum Newsletter || October 2023
Oct 19, 2023
By:
Freddy
Zwanzger
&
Join us in this months Ethereum Newsletter. We'll be covering: How to Stake Smartly Ahead of Queue Changes, MEV Revolution: Unveiling the New Supply Chain and Holesky's Next Step: The Staking Testnet Launch
In this month’s newsletter:
How to Stake Smartly Ahead of Queue Changes
MEV Revolution: Unveiling the New Supply Chain
Holesky's Next Step: The Staking Testnet Launch
How to Stake Smartly Ahead of Queue Changes
For the last five months, the Ethereum queue has meant stakers have needed to wait up to 45 days before earning rewards. Currently that queue is practically empty, so it’s a great time to stake. Even more so since the capacity of the Activation Queue (not the exit queue) will be reduced by 30-40% with the upcoming hard fork (expected this year).
This limit change from 13+ to 8 validators is designed to slow the growth of the validator set until other containment measures can be found.
The previous Ethereum MEV supply chain model is outdated, the new model is described as a more complex “Transaction Supply Network” with the goal of an overall optimization for total wealth creation.
Just look at the significant advancements of account abstraction and its impact on the topic of intents. Now combine it with the ever evolving MEV ecosystem, as recently manifested by the introduction of the MEVM and updates on SUAVE from Flashbots.
On September 28 Holešky testnet launched for staking, infrastructure & protocol testing. This is planned to be a replacement for Goerli by the end of 2023 or Q1-2024. You can mint testnet tokens of no monetary value via this faucet (~15 min for 33 holETH). All links to block explorers, adding to Metamask etc. can also be found on the homepage. For testing dapps, smart contracts etc, please continue to use Sepolia.
Blockdaemon plans to support the new testnet by the end of the year and will keep you updated on Goerli depreciation.
