Solana

Foundation

<ul class="news-points"> 
 <li><strong>Mert Montaz highlighted that validators exploiting the Sandwich attack bug on Solana are disqualified from the Solana Foundation program.</strong></li> 
 <li><strong>The Solana Foundation will not support validators who misuse the platform for personal gain.</strong></li> 
 <li><strong>Montaz noted ongoing issues with MEV and network spamming by some RPC providers.</strong></li> 
</ul> 
<p>Helius CEO, Mert Montaz, recently addressed concerns on X (formerly Twitter) regarding the Solana Foundation Delegation program, following the disqualification of some validators for malpractice.</p> 
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   <p lang="en" dir="ltr">I'm sure a lot of super honest people who have a perfect understanding of MEV on Solana and the Foundation Delegation program will try to misrepresent reality to feel better about their bags<br><br>For those genuinely curious, I'll summarize:<br><br>– a sandwich attack is a malicious form of… <a href="https://t.co/KhfGBgGuyT" target="_blank" rel="nofollow">pic.twitter.com/KhfGBgGuyT</a></p>— mert | helius | hSOL (@0xMert_) <a href="https://twitter.com/0xMert_/status/1799955514786234751?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 10, 2024</a>
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<p>Montaz explained how a malicious bug, known as a Sandwich attack, can manipulate transactions, causing investors to lose funds while attackers profit. He emphasized that Solana’s lack of a mempool prevents such attacks natively. However, some validators have modified their software to facilitate these attacks…</p>
<p>The post <a href="https://coinedition.com/inside-solanas-battle-against-the-crypto-sandwich-attack-menace/">Inside Solana’s Battle Against the Crypto ‘Sandwich Attack’ Menace</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Inside Solana’s Battle Against the Crypto ‘Sandwich Attack’ Menace

Coin Edition

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