The upgrade represents a significant shift in protocol architecture, described by Ethereum Foundation developer Parithosh Jayanthi as the most substantial change since The Merge. At its core, the update introduces Enshrined Proposer-Builder Separation (EIP-7732) to integrate the split between builders and proposers directly into the protocol, aiming to minimize reliance on off-chain relays and mitigate risks associated with maximal extractable value.
Alongside ePBS, the upgrade implements Block-Level Access Lists (EIP-7928). By requiring blocks to declare which accounts and contract data they will interact with ahead of execution, the protocol allows nodes to pre-load information and process transactions in parallel. This structural optimization is paired with a recalibration of gas pricing. According to Jayanthi, the new fee structure will lower costs for compute-heavy actions while increasing the expense for state storage, forcing developers to rethink contract design to better align with actual network resource consumption.

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