Solana Traders Boost Investment to Combat Sandwich Attacks in Crypto
Wednesday, 8 May 2024, 15:50
Solana Traders Invest $9 Million to Prevent Sandwich Attacks
Crypto Traders Want to Stop Solana Sandwich Attacks
Solana traders have invested over $9 million in recent weeks with Jito to safeguard against bots that manipulate transaction orders to turn a profit. This phenomenon, known as sandwich attacks, poses a significant threat to the financial integrity of blockchain transactions.
- Jito offers protective measures against sandwich attacks
- Concerns about Solana validators' involvement in such attacks have surfaced
- The urgency to address these attacks stems from their impact on retail traders and Solana's community
Solana validators' role in preventing sandwich attacks has been questioned, prompting calls for transparency and accountability from the developer community.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.