Eden Network Launches User-Friendly Block Explorer for Transaction Ordering Analysis
The rapid success of Eden post-launch has attracted attention far and wide. More than 2,800 stakers have staked tens of millions worth of EDEN tokens for MEV protection and priority. Over half a dozen slot tenants have bid and burned >$500k worth of EDEN for access to premium block space. And 6 mining pools have started producing Eden blocks to account for >50% of the entire hashrate on Ethereum.
Today, the core team is excited to officially announce another major milestone: the launch of the Eden Block Explorer. This explorer allows users to visualize and investigate MEV-containing blocks unlike any other explorer currently available. Perhaps most importantly, it gives EDEN stakers an easy, crystal-clear way to visualize the priority that their Ethereum transactions are receiving within Eden blocks.
Ultimately, the goal of the Eden Block Explorer is to provide the best MEV explorer and source of truth for block investigation on Ethereum. To start things off, we’ve taken the best features from Etherscan, and layered on top additional custom, cutting-edge filters for improved function and utility:
- Aesthetic, color-coded transaction types
- User-friendly, reversed transaction listings
- Convenient, high-level MEV analysis for each block
- Fully-transparent, display of staker transaction priority
We are extremely excited to make these features freely accessible to everyone in the DeFi community. To this end, explorer development is driven and guided by community interests and needs. The Eden Block Explorer is open source and we graciously welcome feedback on how to improve and evolve it. Please do not hesitate to reach out with any comments or suggestions!
And now, let’s take a deep-dive into some of the key features just released on the Eden Block Explorer.
Features
Probably the most immediately-noticeable feature on the Eden Block Explorer is the addition of aesthetic, color-coded transaction types, to easily identify and differentiate among Slot, Bundle, Staker, and Priority Fee transactions.
- Eden blocks are prioritized first to last by four transaction types — Slot, Bundle (FB), Stake, and Priority Fee
- Users can quickly and easily see what type of transaction a Tx is by a simple color-coding scheme
- If there are no Eden transactions in the block, the block is simply ordered by Priority Fee per usual
Key:
Another key feature of the Eden Block Explorer is the implementation of user-friendly, reversed transaction listings, so the first transactions in each block appear on the first, rather than last page of the explorer.
- By default, users will now see the first transaction in each block on the first page of the explorer
- With Etherscan, counterintuitively the first transaction appears on the last page
- The Eden Block Explorer saves time, reduces complexity and chance of error during block analysis
Next up, the Eden Block Explorer includes a convenient, high-level MEV analysis for each Eden block, so users can quickly scan which blocks have the most MEV activity.
- Users can browse recent blocks to see which ones contain more MEV
- The number of Slot Txs, Bundle Txs and Staker Txs per block is summarized in three columns
- This gives MEV researchers an extremely useful tool for block analysis
Finally, a fully-transparent display of staker transaction priority is incorporated by showing total EDEN staked by address next to each transaction in the block.
- EDEN stakers can readily check how their transactions were prioritized, and how their EDEN stake compares to others
- This information is accessible from within the main block explorer page, without needing to investigate individual addresses
- This summarizes and co-locates this data to save massive amounts of time compared to manually calculating via Etherscan
How to use the Block Explorer
These features are great — but how do we actually use the Eden Block Explorer? For EDEN stakers, how can we verify if our transactions were mined to Eden blocks, and what degree of priority they received?
To do this, we simply need to check which block number our transaction was mined to on Etherscan, then search for this number within the Eden Block Explorer, and match our Ethereum address up on the transaction list.
Here’s a simple example:
A trader submits a transaction from MetaMask, and wants to confirm if their transaction was mined to an Eden block and received priority.
After successfully submitting their transaction, they click on their most recent trade, which brings up the transaction details. Then they click the “diagonal arrow” icon which opens a new tab on their browser to the Etherscan page.
From the Etherscan page, they find and copy the block number that their transaction was mined to.
Then, they head over to explorer.edennetwork.io, and simply search for the block number in the search bar at the top.
Once the block data populates in the explorer, they match up their own Ethereum address with the truncated version listed on the third column of the explorer, and voila — they have found their transaction!
And look at that! As we can see, this staker’s transaction was prioritized to the top of the block in yellow.
What this means
So having an improved block explorer is great, but what does it mean?
Well, the biggest implication is that EDEN stakers can now easily verify the priority their transactions are receiving within Eden blocks.
The explorer further democratizes access to learning about MEV to DeFi users of all skill levels, by using visualization, color-coding, and convenient access to key block data to level the playing field.
How to contribute?
In the first weeks following launch, we anticipate potential bugs, inefficiencies, and future improvements in the explorer to be found. As stated, our goal is to make the Eden Block Explorer the best MEV explorer and source of truth for block investigation on Ethereum. To achieve this, future development must be driven by community interests and needs.
Developers, please see our Github for the open source code. Grants are available for research and development.
Stakers, have a suggestion? Drop us a line in the #development channel on Discord.
And follow us on Twitter, Discord or Telegram for more updates!
