MEV

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Post is by: oak1337 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1o93vst/change_my_view_any_dlt_with_a_block_leader_of_any/ Any chain with a "block leader" is inherently centralized. It doesn't matter if the leader is random. If the leader changes often. If the leader is only the leader for a moment. Etc etc etc for all other iterations of "block leaders". 1. "Block leaders" are a SINGLE (centralized) POINT OF FAILURE for a DLT from a security standpoint. If you shut down the leader, you shut down the network. If the Block Leader gets DDoS attacked, the network is cooked. If the Block Leader changes, the DDoS can just play "follow the leader" and keep the network shut down indefinitely, or greatly harm performance to the point it is unusable. Any chain with a centralized block leader cannot guarantee uptime or security. 2. "Block leaders" inherently create UNFAIRNESS (an often overlooked property) on a DLT. Block leaders can reorder transactions, take bribes (higher fees) to order transactions differently, frontrun trades, MEV and mempool bullshit, etc. This is unfair to all other users on the network. Everyone should be treated exactly the same, with no advantages or disadvantages based on how much you pay. FAIRNESS is required, and any chain with Block Leaders cannot guarantee fairness. 3. LEADERLESS is the only viable architecture solution for a FAIR, SECURE, and DECENTRALIZED chain, but it comes with at least 1 caveat - All nodes must have EQUAL consensus power. It is FAKE DECENTRALIZATION to have hundreds or thousands of permissionless nodes, but only a handful hold all the consensus power and do all the work. All nodes in the leaderless system must be equal, which creates true decentralization. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

coinfeeds-bot

tldr; The article discusses a proposal for a new protocol on the Algorand blockchain to address backrunning MEV (Maximal Extractable Value). Backrunning involves executing transactions immediately after another to extract value, often seen in liquidations and arbitrage. The proposal suggests a real-time auction market for backrunning, introducing a 'backrun-id' field in transactions to prioritize based on fees. This aims to increase protocol revenue, reduce network load, and prevent harmful behaviors like frontrunning and sandwiching, while improving sustainability and user experience. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Narrow_Chance7639

Makes sense that bots will dominate ultra-short-term trading and humans will focus on mid/long-term strategy. The complexity of MEV and high-frequency volatility requires specialized machine systems. The question is: Will traditional asset management ever be able to use those sophisticated tools for their own long-term portfolios?

the-script-99

I agreed to 2 specific transactions, but you changed one without my consent. That can’t be legal. Plus for them to actually do this they would have to hack the flashbots servers. Again not legal to hack. I guess by doing this they also broke the trust of the market and there is definitely something illegal. Plus they robbed the MEV bot. It says 12 seconds so this 100% happened on Ethereum. For transactions either flashbots you send them to flashbots server via an API. They had to intercept the message and change it. The only other way they could have gotten them is by hacking the server itself or running one of the nodes. Now if they run the node and did this then that is ok as a node provider is free to order the transactions. They would be probably be kicked off the platform but they wouldn’t really care about that. The interesting part is why did they need a whole bunch of shell companies to run an honest trade?

GaussAF

They created an algorithmic trading bot A really rich guy created an algorithmic trading bot Both bots made trades based on the algorithms and those two brothers ended up with $25m more than the rich guy So now they're in court because they weren't allowed to win The guy they were trading against was running an MEV bot which makes money by front running trades in the mempool fyi so he's making money from algo trading too. Why is one person allowed to make money from this and the other isn't? This is such a stupid case, more evidence that the courts don't know anything about how any of this stuff works.

vengeful_bunny

Agreed, not defending MEV bots at all and its weird that "frontrunning" is acceptable in Eth land, or at least known and tolerated. But I'm talking strictly about the case against the brothers, since MEV bots are not being litigated here. Frau*d is usually* hard to prove because you have to prove intent. But there's no other explanation for the brothers setting up Eth validators that specifically return incorrect information than to mislead. IANAL, but that at least does not work in their favor.

throwaway75643219

From what I understand reading some other articles, it appears that MEV bots do some shady or unethical stuff to manipulate prices, but that is an unfortunate consequence of how the system is set up -- theyre taking advantage of the system as it was designed to operate. These guys just straight up hacked the system to get it to do something it wasnt intended to do, by exploiting some bots that werent performing all the security checks they should have to make sure the trades were legitimate trades. To try and give an example, banks used to do something where they would order transactions in such a way to make you overdraft and charge you fees, for example if you had a balance of 1k, and made a 5k withdrawal and later than day a 5k deposit, they would order the withdrawal first so that you incurred an overcharge fee, then do the deposit. Now imagine there was an automated system/bot you could run so that you could automatically deposit into your account to avoid overdraft fees when the bank sends you an email that youre overdrawn. The brothers then did something like spoofing emails to make it look like the emails legitimately came from the bank to get you to deposit into an account, except it was their account the money was deposited into, and they just straight up took it. They also specifically targeted bots that werent implementing security protocols correctly to verify that the transactions were 100% legit before depositing money. Then, afterwards, they took a bunch of elaborate steps to launder the money in the hopes of not getting caught. Not a perfect analogy, but thats \*along the same lines\* of what they did. And they seem to be pinning their defense on the fact that a) people hate what MEV bots do enough to look the other way that straight up stealing from bots that do shady/unethical stuff is okay, and b) that it will all be so technical that people dont actually understand what happens. At least, thats what I seem to have gathered is what happened.

Space2999

Front running is illegal in any SEC trading. But in crypto it’s basically accepted bc they don’t know how to prevent it. The handful of MEV teams’ bots are making billions by exploiting retail investors. So why not exploit the bots? Stealing from the thieves.

vengeful_bunny

A lot of "fuzzy" mini-debates going on in this thread based on incomplete information. My current feeling is that the brothers may be in a lot of trouble, due to their obvious intent to mislead. They set up Eth validators that specifically "lied" and sent out fraudulent info to trick the bots into misinterpreting the transactions in the mempool they were targeting, to exploit a flaw in the MEV bot code that doesn't check the data of the pending transaction properly. I'm no defender of MEV snipers, but that may be a "bridge to far" because fraud is about intent: "Specifically, the brothers were accused of sending a "false signature" (from their hostile validators) in lieu of a valid digital signature to a crucial player in the chain known as a "relay." A signature is needed to reveal the contents of a proposed block of transactions – including all of the potential profits contained inside the bundle." [https://www.coindesk.com/tech/2024/05/16/how-2-brothers-allegedly-cheated-a-noxious-but-accepted-ethereum-practice-for-25m](https://www.coindesk.com/tech/2024/05/16/how-2-brothers-allegedly-cheated-a-noxious-but-accepted-ethereum-practice-for-25m) Link taken from another replier's reply in this thread

vengeful_bunny

Not so sure. They set up Eth validators that specifically "lied" and sent out fraudulent info to trick the bots into misinterpreting the transactions in the mempool they were targeting, to exploit a flaw in the MEV bot code that doesn't check the data of the pending transaction properly. I'm no defender of MEV snipers, but that may be a "bridge to far" because fraud is about intent: "Specifically, the brothers were accused of sending a "false signature" (from their hostile validators) in lieu of a valid digital signature to a crucial player in the chain known as a "relay." A signature is needed to reveal the contents of a proposed block of transactions – including all of the potential profits contained inside the bundle." [https://www.coindesk.com/tech/2024/05/16/how-2-brothers-allegedly-cheated-a-noxious-but-accepted-ethereum-practice-for-25m](https://www.coindesk.com/tech/2024/05/16/how-2-brothers-allegedly-cheated-a-noxious-but-accepted-ethereum-practice-for-25m) Link taken from another replier's reply in this thread.

Pineapple-crypto

Great question - they’re two sides of the same coin. Fresh Mode is DeFi made simple, Juiced Mode is DeFi made powerful. Fresh Mode is what most people already use today: clean, zero-fee trading with CEX-style precision, but DEX-level freedom. Limitless Limit Orders, MEV protection, and zero fees, all wrapped in an interface anyone can use. It’s built to make trading effortless and accessible, whether you’re new or seasoned. Juiced Mode is where things get seriously advanced. It’s the *next generation* of PineappleDEX - turning the platform into a live, AI-powered trading terminal layered with analytics and intelligence. * Token Slice analytics: real-time breakdowns of supply, holders, and on-chain flow. * Social metrics overlays: integrate X and on-chain data to track engagement spikes, influencer mentions, and narrative velocity in real time. * Spectre AI integration: live insights flagging unusual movements, sentiment shifts, fear and greed indices, and volatility patterns before they go mainstream. * KOL & Wallet Bubble Maps: visualise which wallets, influencers, and projects are driving token activity - and how they connect. * Fibonacci tracing and price pattern overlays: native technical tools for traders who want precision without external charts. * Wingman AI: our AI assistant will observe your trading habits and offers suggestions, like having a discreet advisor in the corner ready with top-tier insights. * And so much more we haven’t revealed yet, but will soon!

Pineapple-crypto

Hi! Thanks for your questions - I'll answer them one by one. Firstly, yes - PineappleDEX includes optional MEV protection built directly into the swap interface - just click the little cog icon in the right hand corner. When enabled, it routes your transactions through a MEV-protected RPC - helping shield users from front-running and sandwich attacks by private relays.

DBRiMatt

Thanks Pineapple team! I have some $PAPPLE which I locked into staking for higher rewards - when my current locked duration ends and it moves to 'Flexible staking' will I be able to lock it again without the need of unstaking? How MEV resistant is Pineapple DEX? Are there any airdrops currently announced for PAPPLE stakers? Are the APY rewards as Juicy as the most tropical of pineapples? Pineapple on pizza is pretty good, but have you ever put pizza on Pineapple?! [It has potential!](https://joaniesimon.com/wp-content/uploads/2015/09/Cheesy-Pineapple-Pizza-Dip-Joanie-Simon-1.jpg) 🍍🍕

AcademicRock2494

Anyone care to critique a strategy I am thinking of deploying? I have held ETH since the early days, and I am ready to use it as collateral to get some cash to do some projects around the house. With the yield options available on Defi, I think I'd like to use yield to pay it off rather than my income. So here's what I'm thinking: Use AAVE with ETH as my collateral, borrowing USDC. I will deposit 75 ETH and take a loan of 60,000 USDC - that's a LTV today of \~17%. I will take $20k of the USDC and use it for IRL purposes. I will then use the remaining 40k USDC to generate yield to pay off the load. Current borrow rates on AAVE for USDC are \~5.5% APY. So to pay off the loan with yield generated by the USDC, I need to average \~8.25% yield. I think I will use the Morpho MEV Capital vault for approximately 20k of the USDC. From there, I am contemplating bridging the remaining 20k USDC to the Solana Network and utilizing some Vaults on Drift that seem to be performing better. What I am having trouble with is understanding the risks of having USDC on Solana vs on the Ethereum network, and how realistic it is to expect the yields to continue at their current levels. I am not opposed to active in managing this. I do understand that due to the lockup mechanisms in certain vaults, if things start to go south I may not be able to rescue the funds before the bottom drops out, hence the somewhat diversified strategy. Ideally I would withdraw a portion of my earnings on Morph and Drift monthly and pay down my loan on AAVE, basically like a monthly payment on a tradfi loan. Am I missing anything here? My priorities are to preserve my original ETH holdings but access a relatively small amount of liquidity to make my life easier. If there is a simpler strategy, I'm all ears.

penarhw

For small sizes I’ll just anti MEV it and move on. For five figures and up, I’d rather go private

jawni

Mostly arbitrage/MEV. Why? Because it's profitable. https://x.com/ManoppoMarco/status/1935397149526868280 >these bots flood networks with speculative arbitrage txs, consuming 50%+ of gas on major rollups and ~40% of blockspace on Solana, while only paying less than 10% of total fees >on Base, just two bots generated 80% of spam traffic, absorbing nearly all of the 11M gas-per-second throughput added between Nov 2024 and Feb 2025.

RefrigeratorLow1259

As long as UTXO Bitcoin layer 2's and extended UTXO smart contract chains like Cardano anchor Zk proofs on Bitcoin itself then that offers security implicit in the deterministic immutability of its constructs, as opposed to chains utilizing account based models which have global state and mutability allowing security flaws, MEV and re-entrancy attacks.

MrStar_RulerOfCosmic

I like the ambition here, so I’m thinking in terms of the guardrails that keep people safe without slowing them down. Best Wallet stood out to me for clear security controls and an easy setup. Features I’d want baked in from day one: intent-centric signing that shows human-readable actions, per-dapp spend caps with auto-expiry, and a one-click “panic revoke” that sweeps allowances across supported chains. Add pre-trade simulation with MEV and slippage estimates, plus phishing heuristics that flag lookalike domains. A policy engine would be huge, for example “never approve unlimited,” “require device confirmation above X,” or “block unknown NFTs from auto-appearing.” I’d also surface a timeline view with tx hashes, approvals, and funding charges for easy audits. Recovery should be flexible but transparent: seed optional passphrase, passkey support for convenience, and clear export paths if users ever migrate. If you keep consent crisp, logs honest, and defaults conservative, you’ll win a lot of trust.

RefrigeratorLow1259

Different use cases, Solana is pushing for even more speed, which satisfies cases like order book dexes, perp futures, micro payments and streaming ,but at the cost of even more centralisation - Alpenglow will push higher validator hardware requirements - More large centralised servers and geographical clusters to minimize latency to major financial centres. Cardano's use cases imo are more aimed at regulated high value finance - long lived smart contracts like insurances and bonds where you need audability and determinism, complex multi sig and escrow with eUTXO off chain computation without MEV front running and anchoring privacy side chains like Midnight. (All while not increasing centralisation with huge hardware requirements) It's horses for courses.....

50sat

Don't blind yo8urself to real efforts, though. There are 'utilities;' that provide value in crypto, just as there are in finance. Many of the greatest failures have been due to bad management, 'cheating' in one way or another, stuff like that. human failures. I don't care to shill your post or be like 'not me' but also - I have built a small ecosystem. The liquidity generates fees, and the fees are stored in a buyback account, accessible to users at any time. I've been experimenting for some time (literal years) with variations and right now I'm expanding an ecosystem that is actually working. Even though the numbers are pathetic ATM.?It's real "fiscal utility' and about leveraging capital into MEV basically. Is it 'Obviously worth a 10b valuation!!"? Nah, but it's not a meme. Here's another one for you, any token with 1 liquidity pool, I call this "goldfish bowl". Make some triangles, find a system or partner to integrate. Just fucking pair against more than one token so your 'investors' aren't, basically, fish in a barrel for extraction.

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Post is by: Salt_Yak_3866 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1nt48j4/trump_is_wrong_about_bitcoin/ Bitcoin is no longer relevant for the digital economy - but Solana is. SOLANA IS ARCHITECTED FOR BLOCKCHAIN Most investors still treat crypto assets like speculative tickers. But it is now the way in which institutions transact in the blockchain economy (So what if we evaluated them like infrastructure? ) What if we measured throughput, cost basis, and yield mechanics the way we do with cloud platforms or payment rails? (In that light, Solana isn’t just undervalued -it’s misclassified) Here’s why Solana Is More Valuable Than Bitcoin and Ethereum as well 1. Bitcoin Is Expensive and Static - Processes ~290,000 transactions per month - Charges ~$17 per transaction- some argue $5 but it's semantics. - Bitcoin finalizes in ~60 minutes, requiring six confirmations to be considered immutable and that is extremely slow. - That’s over $5 million in monthly fees which is a very expensive input cost for institutions = high cost for inefficiency. - Offers no staking, no smart contracts, and no yield Bitcoin is secure, ideological, but economically inert. It stores value but doesn’t generate it. 2. Ethereum Is Flexible but Costly - Processes ~33 million transactions per month - Charges ~$2.91 per transaction - That’s nearly $96 million in monthly fees that institutions must absorb as a cost layer - Offers ~2.8% staking yield, often gated behind pooled protocols - Supports smart contracts, but suffers from slow finality and high gas fees - Ethereum finalizes in ~15 minutes, once validators reach consensus across two epochs. While faster than Bitcoin it is still significantly slower than Solana. Ethereum is a modular toolkit -but it’s expensive to use and hard to scale. Most users rely on Layer 2s, which fragment liquidity and add complexity. 3. Solana Is Fast, Cheap, and Productive - Processes ~2.9 billion transactions per month - Charges ~$0.00025 per transaction - That’s only $725,000 in monthly fees (institutions transact in high volume as input cost is low) - Offers ~6–8% staking yield, plus MEV tips - Finalizes in ~150ms, supports mobile-native staking, and powers zero-fee payments Solana is infrastructure in motion. It’s not just programmable -it’s economically generative. 4. Who Pays, Who Earns - The Real Cost of Using the Network Here’s the part most investors miss: the cost of using a blockchain isn’t just technical -it’s economic. Every transaction has a fee, and those fees add up. But what matters more is whether those fees generate yield or just burn capital. Bitcoin charges users around $17 per 5) with roughly 290,000 transactions per month. That’s over $5 million in monthly fees institutions must absorb, and none of it goes back to investors. There’s no staking, no yield- just cost. Ethereum processes about 33 million transactions monthly, with an average fee of $2.91. That’s nearly $96 million in monthly fees- that, once again, institutions must absorb. While Ethereum does offer staking rewards (around 2.8% annually), those rewards are often gated behind pooled protocols, and the high gas fees eat into user value. Solana, by contrast, handles 3 billion transactions per month at a cost of just $0.00025 per transaction. That’s a mere $725,000 in total monthly fees -for exponentially more activity. And those fees feed directly into validator rewards and staking yield, which average 6–8% annually, plus additional MEV tips. In short: - Bitcoin is expensive and offers no yield. - Ethereum is costly and offers modest yield. - Solana is cheap and offers high yield. Solana delivers more economic throughput with less drag. It’s not just faster -it’s net-positive infrastructure. 5. Solana Is Expanding into Phones and Payments - The Solana Phone lets anyone stake, trade, and use crypto securely - Solana Pay enables instant, zero-fee payments for merchants and users - Every payment and app interaction feed validator rewards and staking yield Solana isn’t just a blockchain -it’s becoming the execution layer for the real world. Final Take Bitcoin is belief. Ethereum is complexity. Solana is infrastructure. If you care about speed, cost, yield, and real-world adoption, Solana isn’t just undervalued -it’s "misclassified ". And as the programmable economy scales, Solana will be the layer it runs on. P.S. Some are going to suggest Solana had an outage but I would counter that each outage led to structural upgrades as a result and now Solana has had no outage in over a year and with 10000 times more transactions as Bitcoin and 70 times more transactions than Ethereum that is validation that the structural upgrades are resilient. Secondly, some are going to say Solana isn't as decentralized as Bitcoin or Ethereum, but I would argue it is more decentralized than both with a Nakamoto Coefficient of 20 compared to Bitcoin’s Nakamoto Coefficient of 4 and Ethereum’s Nakamoto Coefficient of 2 Bottom line is Bitcoin is inert, and my prediction is for a collapse in price *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

RefrigeratorLow1259

Solana’s revenue isn’t just from organic users though, it’s heavily driven by MEV bots spamming arbitrage and liquidation attempts. Most of those transactions fail, but the fees still get collected, which inflates both TPS and revenue numbers. That’s very different from sustainable adoption.

Makina__Fi

Short: The strats really kick in during Season 1 but its up to the Operator on how they run them, expect cross-chain yielding and the list of chains growing. And yes, non EVM is on the table, exploring at the moment. Long: So let's break it down to **Season 0** and **Season 1**: **Season 0** is the bootstrapping phase. It lasts four weeks and is designed to get liquidity into the system before full Machines go live. Users can buy (swap on Makina's front end) Machine Tokens and earn three things. * **Base yield** from Morpho vaults for USDC, ETH, and BTC (Steakhouse USDC, MEV Capital WETH, Gauntlet WBTC Core). * **Tickets**, which secure access to the $MAK ICO at the same $35M FDV valuation as the seed round. Tickets accrue per dollar per block and give guaranteed entry to the Priority ICO. * **Points**, which convert into $MAK tokens at TGE and also rank users for things like the NFT snapshot (more news on that later but its going to be really fun). Points accrue per dollar per block and are boosted by when you enter (time-weighted) and how you use your Machine Tokens (hold in your wallet, Curve). Early deposits earn higher multipliers. Season 0 has no lockup, you can withdraw at any time but if you transfer or sell your Machine Tokens, you forfeit your Tickets and Points. **Season 1** is where the Dialectic strategies kick in. According to the talk at ETHCC by Dialectic’s CTO, three index-style strategies will be deployed at launch: \*subject to change * A **USD Yield Index**, built on top of stablecoin lending markets. * An **ETH Yield Index**, which combines staked ETH with structured hedging and basis trades. * A **BTC Yield Index**, designed around liquid BTC wrappers with lending and derivatives.

RefrigeratorLow1259

Outages from all the MEV bot tx's on Solana - Not organic actual users...

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Post is by: MaeronTargaryen and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/1nqbof5/join_the_makina_ama_and_discover_the_defi/ Makina (r/Makina) enables professional fund managers to deploy cross-chain, sophisticated, and risk-adjusted strategies onchain in a non-custodial way, while opening access to everyday crypto and DeFi users. On September 29 we launch Season 0, where we bootstrap network liquidity and align before the ICO. Ask us anything now and find out how to make the most of Season 0 before we go live on Sept 29. **What is Makina and why is it relevant to the sub?** Makina is a DeFi Execution Engine that connects professional strategists (Operators) with onchain users through programmable vaults called Machines. The first Operator that will deploy on Makina will be Dialectic, an industry-leading crypto-native fund.Machines are designed for institutional-grade yield strategies that anyone with a wallet can access. Risk management is enforced onchain with pre-approved instructions, parameter caps, atomic unwinds, and a lot of other innovative tech. This is relevant to the sub because it tackles issues that matter in DeFi today: yield, transparency, risk management, fair launches, and execution infrastructure. **What’s happening now?** On September 29 at 12:00 UTC we launch Season 0. This is your chance to acquire Machine Tokens (MT) and participate in Makina’s launch while earning: \- Base yield from selected Morpho vaults (Steakhouse USDC, MEV Capital WETH, Gauntlet WBTC Core). \- Tickets: Tickets give priority ICO access at $35M FDV (the same valuation as our strategic angel round). \- Points: Points convert to $MAK tokens at TGE + leaderboard perksSeason 0 runs for 4 weeks. Early participation brings higher reward boosts. Your boost depends on when you join and how you position your Machine Tokens. **Why are we here?** We want to share details of how Season 0 works, explain why institutional-grade execution infrastructure is missing from today’s DeFi stack, and hear directly from the r/cryptocurrency community. **Topics we’d love to dive into (but not limited to):** \- Mechanics of Makina’s Season 0, Tickets, Points, ICO, and Boosts. \- What makes Makina uniquely positioned to transform DeFi operations?  \- Makina’s technical innovations. \- Risk frameworks and Operator alignment. \- How fair launch values shape the $MAK distribution. \- The role of Machines in scaling cross-chain strategies. \- What comes next after Season 0? *Season 0 is just the start. Positioning now means you'll be ahead of the curve for the Priority ICO.* *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

RefrigeratorLow1259

At least it keeps out all the bloating tx's from MEV/ wash trading bots etc with the mega cheap fees on some chain I could mention....

TenPinPro

Yeah, sure, MEV attacks on Europeans every 5 seconds. Unpredictable fees. Midnight fits the EU's privacy any comploance stance. 1M transactions per second gives it capacity. EuTXO gives predictability of transaction success. Transactions are almost free. 7+ years of uptime on the base chain. Midnight on cardano, obviously.

ShionEU

The questions will come. I showed a few projects I made big gains on, showing both my buy and sell tx. In your case it sounds more like MEV since you have millions of tx, so it might be a different story

Salt_Yak_3866

“Economic downtime” isn’t about servers going dark - it’s about capital going idle. Institutions don’t just care if a network is online. They care if it’s economically productive while online. Let’s break it down: - Ethereum is always on, sure - but when gas fees spike, transactions stall. When users migrate to Layer 2s, fee flow fragments. When staking yield drops below treasury benchmarks, capital reallocates. That’s economic downtime: the network is live, but the value engine is sputtering. - Solana, by contrast, just completed a full year of uninterrupted uptime *and* economic velocity: - ~3 billion transactions/month - ~$725K in monthly fees (vs. Ethereum’s ~$96M) - ~6–8% staking yield, plus MEV tips - Finality in 150ms, powering real-time payments and mobile-native apps Institutions don’t deploy capital into uptime alone. They deploy into yield, throughput, and liquidity. So, when Ethereum’s fees hit four-year lows, when its ETF flows reverse, and when its Layer 2s cannibalize its core - " that’s economic downtime ". Solana doesn’t just stay online. It keeps capital moving. And that’s what institutions actually care about.

Salt_Yak_3866

Ethereum’s uptime is impressive. But here’s the deeper diagnostic: Security isn’t just uptime -it’s economic continuity. Ethereum may stay online, but it’s been suffering economic downtime: - Layer 2 fragmentation is cannibalizing its fee model. Volume is migrating off-chain, and core revenue is thinning. - Daily activity is down -active addresses and transactions have declined, and fees hit a four-year low. - Institutional hesitation is real _ ETH ETFs saw ~$750M in outflows since launch, with only one week of net inflows. Ethereum is “always on.” But the value flow is fractured. It’s not just about uptime -it’s about productive uptime. And here’s the part most critics miss: Solana just completed one full year with zero downtime - a historic milestone for a high-throughput chain. - That’s 12 months of uninterrupted consensus, despite processing billions of transactions and surging user demand. - Firedancer upgrades and validator improvements have hardened the network. - Solana now rivals Ethereum in DeFi TVL, while maintaining speed, yield, and cost-efficiency. Solana doesn’t just stay online- it keeps capital moving: - Finality in 150ms - ~3B transactions/month - ~$725K in monthly fees vs. Ethereum’s ~$96M - ~6–8% staking yield, plus MEV tips - Mobile-native execution and zero-fee payments So when institutions choose infrastructure, they won’t just ask “Is it stable?” They’ll ask: “Does it scale? Does it yield? Does it move capital?” Ethereum is uptime. Solana is uptime plus velocity, yield, and real-world execution. And now, it’s also resilient. And Solana executes 70x more transactions than Ethereum

Recent_Belt7277

You're asking the single most important question for anyone serious about this space. The whole point of crypto isn't just to have a different currency, it's to build a different financial system. Shifting your mindset from "earning a fiat salary" to "generating on-chain income" is the key. Like you, I started with yield platforms like Nexo. They're a great first step, but you're still relying on a centralized company to do the work and give you a cut. The real game-changer is when you find ways for your capital to work for you directly on-chain, cutting out the middleman entirely. For me, the most consistent form of non-salary "work" in crypto is capturing MEV (Maximal Extractable Value). Think of it less as "trading" and more as an automated, 24/7 job that your capital performs. Its only task is to find and capture tiny inefficiencies and arbitrage opportunities in the market. Each successful capture is like a micro-paycheck. This isn't something you can do manually with a wallet. It requires a professional-grade utility that can analyze the mempool and execute complex strategies. The most effective ones pool capital from many users to hunt for bigger opportunities. The "income" you earn is a direct share of the profits generated by the pool's work. It's still early days for this kind of on-chain career, but for many, it's already a viable alternative to watching fiat slowly bleed out. It's definitely where things are heading.

lturtsamuel

Tired of obviously shitty contract code exploited being called "MEV" attack. Why don't we call it what it is: some shitty code got exploited? This kind of language misuse is really telling how little crypto bros care about technology

Normal-Spell5339

The bot only gets a tiny piece, the miner gets most of the MEV

AnoAnoSaPwet

They got bots for everything. MEV bots will rip you off whenever they can and no DEX does a single fucking thing to prevent it. If you make large trades, make multiple trades to prevent getting botted. A single $1M trade is just asking to get destroyed.  If you bought something at $0.10 and it had poor liquidity, you'd get fucked over hard. You'd end up paying a $1, bot would make off with your money. 

HoldOnDearLife

Why can't the owner of the MEV bot be the user who "lost" $1M?

samuelverner

User did send to a smart contract, not to a wallet. And they used the wrong function (transfer instead of deposit), which didn't activate the bridge. MEV saw the transaction and the problem and used the withdraw function, an exploit in that smart contract, that everybody could call that withdraw function.

mhd-roguewave

How do I get one of these MEV bots?

coinfeeds-bot

tldr; A user mistakenly sent $1 million USDC to a bridge contract address instead of following proper procedures, leading to the funds being intercepted by a MEV bot. The bot exploited the contract, withdrawing the funds after receiving approval. The funds are now held in the bot's wallet, and recovery depends on the bot owner's willingness to return them. The incident highlights the importance of verifying destination wallets and avoiding direct transfers to contract addresses in Ethereum transactions. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

AutoModerator

Post is by: Salt_Yak_3866 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/u_Salt_Yak_3866/comments/1nioasl/solana_will_build_generational_wealth_post_genuis/ Most investors still treat crypto assets like speculative tickers. But is now the way in which institutions transact in the digital Web3 Ai blockchain economy. ( So what if we evaluated them like infrastructure? ) What if we measured throughput, cost basis, and yield mechanics the way we do with cloud platforms or payment rails? (In that light, Solana isn’t just undervalued -it’s misclassified) Here’s why Solana Is More Valuable Than Bitcoin and Ethereum as well 1. Bitcoin Is Expensive and Static - Processes ~290,000 transactions per month - Charges ~$17 per transaction - Bitcoin finalizes in ~60 minutes, requiring six confirmations to be considered immutable and that is extremely slow. - That’s over $5 million in monthly fees which is a very expensive input cost for institutions and it is extremely slow. - Offers no staking, no smart contracts, and no yield Bitcoin is secure, ideological, but economically inert. It stores value but doesn’t generate it. 2. Ethereum Is Flexible but Costly - Processes ~33 million transactions per month - Charges ~$2.91 per transaction - That’s nearly $96 million in monthly fees that institutions must absorb as a cost layer - Offers ~2.8% staking yield, often gated behind pooled protocols - Supports smart contracts, but suffers from slow finality and high gas fees - Ethereum finalizes in ~15 minutes, once validators reach consensus across two epochs. While faster than Bitcoin it is still significantly slower than Solana. Ethereum is a modular toolkit -but it’s expensive to use and hard to scale. Most users rely on Layer 2s, which fragment liquidity and add complexity. 3. Solana Is Fast, Cheap, and Productive - Processes ~2.9 billion transactions per month - Charges ~$0.00025 per transaction - That’s only $725,000 in monthly fees (institutions transact in high volume as input cost is low) - Offers ~6–8% staking yield, plus MEV tips - Finalizes in ~150ms, supports mobile-native staking, and powers zero-fee payments Solana is infrastructure in motion. It’s not just programmable -it’s economically generative. 4. Who Pays, Who Earns - The Real Cost of Using the Network Here’s the part most investors miss: the cost of using a blockchain isn’t just technical -it’s economic. Every transaction has a fee, and those fees add up. But what matters more is whether those fees generate yield or just burn capital. Bitcoin charges users around $17 per transaction, with roughly 290,000 transactions per month**. That’s over $5 million in monthly fees institutions must absorb, and none of it goes back to investors. There’s no staking, no yield- just cost. Ethereum processes about 33 million transactions monthly, with an average fee of $2.91. That’s nearly $96 million in monthly fees- that, once again, institutions must absorb. While Ethereum does offer staking rewards (around 2.8% annually), those rewards are often gated behind pooled protocols, and the high gas fees eat into user value. Solana, by contrast, handles 3 billion transactions per month at a cost of just $0.00025 per transaction. That’s a mere $725,000 in total monthly fees -for exponentially more activity. And those fees feed directly into validator rewards and staking yield, which average 6–8% annually, plus additional MEV tips. In short: - Bitcoin is expensive and offers no yield. - Ethereum is costly and offers modest yield. - Solana is cheap and offers high yield. Solana delivers more economic throughput with less drag. It’s not just faster -it’s net-positive infrastructure. 5. Solana Is Expanding into Phones and Payments - The Solana Phone lets anyone stake, trade, and use crypto securely - Solana Pay enables instant, zero-fee payments for merchants and users - Every payment and app interaction feed validator rewards and staking yield Solana isn’t just a blockchain -it’s becoming the execution layer for the real world. Final Take Bitcoin is belief. Ethereum is complexity. Solana is infrastructure. If you care about speed, cost, yield, and real-world adoption, Solana isn’t just undervalued -it’s "misclassified ". And as the programmable economy scales, Solana will be the layer it runs on. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

AutoModerator

Post is by: ionutvi and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1nionzb/will_aiassisted_l1s_change_fee_markets_or_just/ I’ve been seeing more chatter about “AI-operated chains,” and i’m curious how this sub thinks it plays out from a *markets* perspective rather than a tech one. The basic idea: instead of static parameters, an L1 adjusts things like block interval, per-block gas target, and mempool thresholds based on live telemetry (pending txs, propagation delay, reorg risk, etc.). The hope is steadier confirmation times and less fee whiplash during bursts, especially on PoA/QBFT-style networks where governance can allow controlled parameter changes. If that actually works in practice, what would it mean for price discovery and liquidity on smaller L1s? A few open questions i’m wrestling with: * Do smoother confirmation times and fewer sporadic fee spikes translate into better depth on DEX pairs (less slippage, tighter spreads), or is liquidity still dominated by listings and market makers regardless of UX? * Would adaptive parameters reduce the “retail panic” effect during meme surges, or do flows overwhelm any tuning anyway? * On validator economics: if block production becomes more responsive, does that stabilize fee revenue, or could it dampen upside in bull peaks and make validator returns less attractive? * For traders: would you value an L1 that behaves more like a well-run exchange matching engine (predictable latency), or do most strategies already assume blockchain jitter as part of execution risk? * Any knock-on effects for MEV? If mempool pressure and block timing are smoothed, does that change the opportunity set for arbitrage/sandwiching, or just shift it? Disclosure for context: I’m a builder working on an EVM-compatible L1 that uses an AI ops layer to *recommend* parameter tweaks under strict safety gates. Not sharing links here to respect the rules; I’m genuinely interested in the market implications rather than promotion. Curious to hear opinions from traders, LPs, and market structure folks here, where do you see the edge (or the pitfalls)? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Recent_Belt7277

Great question. For me, it started with the classic "protect from inflation" and "grow wealth" goals. But the more I got into the crypto space, the more it evolved. My primary goal now is to achieve financial freedom by capitalizing on market inefficiencies. Crypto, especially DeFi on chains like Solana, is one of the last true frontiers where the average person can find and act on an information edge before the big institutions fully take over. The challenge is that having a good thesis is only half the battle. When you decide to act—to buy that dip, to get into a new token, to take profits—you're competing against thousands of bots and algorithms. Execution is everything. You can lose your entire edge in a single transaction due to slippage or getting front-run by a more sophisticated player. That's why, for me, using the right tools is non-negotiable. I need my execution to be as sharp as my strategy. I run everything through a Telegram MEV bot (JitoX) to make sure my trades are protected and efficient. So, to answer your question: I invest to turn my strategic insights into tangible results. And in this market, you can't do that without the right tools to execute. (The bot is JitoXai\_bot for anyone curious about the tools part).

HSuke

Link to the hard pressure proposal that just passed: https://polkadot.polkassembly.io/referenda/1710 Figuring out how to supplement staking rewards is the next step: > The immediate next step is to push for the so called "Revenue Pot" suggested by Gav last month at The Web3 Summit. > > This sensible new pot for income (inflation or revenue) will allow us to decouple staking/validator rewards from block rewards and drive down expenses. > > Increasing revenue from Hub, Coretime, Services, MEV and other ideas in discussion will become urgent under Capped & Stepped supply.

Sujithsizon

this is why its important to make sure you're actively learning about new MEV strategies, identifying malicious actors and how to protect your txs [https://www.linkedin.com/pulse/understanding-evasive-sandwiching-how-you-can-protect-your-0bcec/?trackingId=TpIDLl%2B5D0DlzO8wYwQGLQ%3D%3D](https://www.linkedin.com/pulse/understanding-evasive-sandwiching-how-you-can-protect-your-0bcec/?trackingId=TpIDLl%2B5D0DlzO8wYwQGLQ%3D%3D) here you can learn about newer mev attacks, how to detect them and identify malicious valis [https://medium.com/@astralaneio/solana-mev-wars-understanding-the-game-protecting-your-alpha-43ba5e4846e9](https://medium.com/@astralaneio/solana-mev-wars-understanding-the-game-protecting-your-alpha-43ba5e4846e9) you can read this to understand how to protect your txs

RefrigeratorLow1259

Avalanche appears more scammy than Solana for MEV, bots and black holes 😱https://clownshow.skunkr.com/

RefrigeratorLow1259

Mmmm, AVAX even worse for bots and MEV than SOL lol...around 80% aren't organic..😏 https://clownshow.skunkr.com/

mbdtf95

Hi thanks for doing this AMA. How do you source liquidity and are there any security measures that you take to protect from MEV or sandwich attacks through BTCs L2s? Also what is the main selling point of using your platform instead of similar competitors?

BoobindarPussia_

Hello dylan my question is with Bitcoin L2s having slower block times and different finality compared to Ethereum, how do you plan to protect users from MEV/sandwich attacks when swaps happen and will HODLMM also let LPs use more advanced strategies like range orders or dynamic rebalancing, or just start with basic concentrated liquidity?

whatwilly0ubuild

Cross-chain transaction debugging tools are absolutely terrible right now. I work at an engineering consultancy and we see this shit daily with our clients building DeFi protocols and wallet infrastructure. The current landscape is a mess of block explorers that don't talk to each other, transaction traces that stop at bridge contracts, and debugging workflows that require like 6 different tools just to figure out why a transaction failed across chains. Etherscan, Polygonscan, whatever, they're all isolated silos. What I really want is something that can trace a transaction from start to finish across multiple chains and show you the actual execution flow. Like if I bridge USDC from Ethereum to Polygon and something breaks, I want to see the entire path, not just fragments. The closest thing is Tenderly but it doesn't handle cross-chain scenarios well and their API is expensive as hell for production use. Another gap is real MEV monitoring for regular users. Sure, flashbots has dashboards for searchers but normal people getting rekt by sandwich attacks have no visibility into what happened. Our customers who build trading interfaces constantly ask about this. They want to show users when they got MEV'd and by how much, but there's no good API that covers all the different MEV types across chains. Portfolio tracking is oversaturated but they all suck at DeFi positions. They can handle basic token balances but try tracking your actual PnL from liquidity providing across multiple pools and protocols and they fall apart. The math gets complex with impermanent loss, reward tokens, and compounding, and most tools just give up or show wrong numbers. Smart contract testing and simulation tools are getting better but still pretty clunky. Most teams try to duct-tape these systems together with Foundry and some custom scripts but there's definitely room for something more integrated. Especially for testing upgrade scenarios and cross-protocol interactions. The one thing that's almost there but not quite is decent alerting infrastructure. You can set up basic price alerts everywhere but try setting up alerts for smart contract events, unusual transaction patterns, or governance proposals and you're back to building custom monitoring. Data pipelines, cryptography, and ML are unforgiving if you cut corners so whatever gets built needs to actually work reliably, not just look good in demos.

RefrigeratorLow1259

Legacy project? I suppose the same goes for ETH then? Faster blockchains aren't necessarily better, like Sol which makes revenue due to extracting MEV from idiots chasing memes, 80% of Tx's are bots/voting and failed!

AlternativeBid8670

This lag is mostly a function of cyclical capital rotation and short-term dominance realignment. BTC is absorbing the bulk of inflows as the benchmark collateral asset, while ETH is temporarily suppressed by liquidity fermentation across staking derivatives and MEV dynamics. Once basis spreads compress and rotation flows stabilize, ETH should revert to historical correlation. It's really simple actually if you have been in the game for long enough, nothing unusual.

Flaming-Sheep

It’s MEV, and it’s trivially easy to guard against.

Content_East_3308

MEV protection sounds good. what else do you look before investing secure or friendly?

Crypto-4-Freedom

I would strongly to use CowSwap, its MEV protected.

Kindly-Counter-6783

Here are some serious parameters for investing in crypto. Mind-Blowing, Little-Known Crypto Concepts **1. Liquidity = Life Force** * **What most don’t know:** A token can look “valuable” on CoinMarketCap, but without liquidity it’s just paper wealth. Price ≠ real exit. * **Real-World Example:** Imagine your house is “valued” at $10 million. But if only one buyer is willing to pay $3 millions, your real liquidity is $3 millions. Same with low-liquidity coins → you *can’t sell at the displayed price*. * **Insider Trick:** Always check “liquidity depth” in pools/exchanges before buying anything new. **2. Tokenomics Beat Hype** * **What most don’t know:** Supply mechanics matter more than marketing. A token with infinite supply (like DOGE) behaves differently from a deflationary one (like ETH after EIP-1559). * **Analogy:** Owning a business. One prints new shares every day (inflation), the other buys back shares (deflation). Which stock would you rather hold long-term? * **Insider Trick:** Look at *vesting schedules*. If 80% of supply unlocks next month for insiders, price will crash. **3. MEV (Miner/Maximal Extractable Value)** * **What most don’t know:** Bots & validators *front-run your trades*. * **Analogy:** You go to a gold shop to buy a coin. A middleman sneaks in, buys it 1 second before you, then sells it to you for 2% higher. That’s what bots do on Ethereum. * **Insider Trick:** Use MEV-protected exchanges like **CowSwap** or aggregators to avoid silent losses. **4. Stablecoins = Shadow Banking** * **What most don’t know:** Tether (USDT) and USDC aren’t just “stable money,” they’re *unregulated central banks*. They print billions of “dollars” without full audits. * **Analogy:** Imagine your neighborhood grocery issuing its own “gift coupons” and everyone in town starts using them as money. Suddenly, the grocery owner is more powerful than your local bank. * **Insider Trick:** Always diversify stablecoin holdings (USDT + USDC + DAI) because one failing could wreck portfolios. **5. Whale Games & Liquidity Hunts** * **What most don’t know:** 90% of liquidation crashes are *engineered*. Whales push prices to trigger stop losses. * **Analogy:** A shark sees a fishing net full of fish. He smashes the net to make the fish panic and scatter, then eats them cheap. Whales do the same → forcing liquidations to buy cheap. * **Insider Trick:** Never place obvious stop-losses at round numbers (like $20,000 BTC). That’s *exactly* where whales hunt. **6. Network Effects > Technology** * **What most don’t know:** The “best” blockchain doesn’t always win. Adoption beats tech. * **Analogy:** QWERTY keyboards are not the most efficient, but everyone uses them, so they dominate. Same with Bitcoin/Ethereum → their network adoption matters more than speed or cost. * **Insider Trick:** Invest in ecosystems with strong developer + user community, not just fast transactions. **7. Governance is Power** * **What most don’t know:** In DAOs and DeFi, holding governance tokens = *controlling the protocol*. Insiders quietly accumulate governance tokens to steer projects in their favor. * **Analogy:** Owning a few shares of a company doesn’t matter, but if you hold 51% voting rights, you can change the CEO. Same with DAOs. * **Insider Trick:** Watch where venture capitalists accumulate governance tokens — they’re future puppet masters. **8. Time Horizons Change Risk** * **What most don’t know:** Every crypto strategy works… until it doesn’t. * **Analogy:** Playing musical chairs. If you’re in for 30 seconds, you win. If you stay for 5 minutes, the music stops and you’re wrecked. * **Insider Trick:** Decide *before entry* → is this a 1-hour trade, 3-month swing, or 5-year HODL? Otherwise you’ll get trapped. **9. Narratives Pump Markets More Than Fundamentals** * **What most don’t know:** Most bull runs are driven by *stories*, not facts. “DeFi Summer,” “NFT Boom,” “AI + Crypto.” * **Analogy:** Think of fashion trends. It’s not about the *quality* of the fabric but the *story* behind it. Crypto markets behave the same. * **Insider Trick:** Spot the next narrative before retail does → AI tokens, RWA (real-world assets), privacy, etc. **10. Your Private Keys = Your Citizenship** * **What most don’t know:** Owning crypto isn’t about speculation — it’s digital sovereignty. * **Analogy:** Imagine your passport and bank account rolled into one key. If you lose it, you’re stateless and penniless. If you guard it, you’re your own nation. * **Insider Trick:** Use multisig wallets or hardware wallets like Ledger/Trezor. Treat them like your passport + house deed combined. ⚡ These are the **hidden layers** of crypto most beginners never even glimpse. The top 1% insiders profit by understanding these invisible rules of the game.

Elegant_Gas_740

● Liquidity part is so underrated, most ppl don’t get it until they try to sell. ● That stop-loss/whale hunt analogy is too real 😂 ● Private keys = citizenshi, that one hit different. ● Narratives pumping harder than fundamentals is basically the crypto gospel. ● MEV bots stealing lunch money while we smile and trade 🤦‍♂️ ● Network effects > tech is why ETH still runs the show. ● Stablecoins really are shadow banks if you think about it. ● Token unlocks/vesting schedules = silent killers of portfolios. ● Whale games feel like rigged casinos half the time. ● This is the kind of post every beginner should see first.

DJ_Ben_Frank

Insane crypto spread. Pre-sales, rugs, or MEV?

ShillyTemple123

best strategy is to use tools like axiom.. There are tons of tutorials on yt.. I went from Photon to Axiom and have 500% my port the past 2 months just because axiom has far better tools and UI If you also sign-up as a new user you can save 10% fees. [https://axiom.trade/@easygz](https://axiom.trade/@easygz) Here are my axiom trade settings to minimize fees, good luck fren! 30% slippage, 0.005 priority 0.0005 bribe MEV protection on.

whatwilly0ubuild

The stuff you mentioned is just scratching the surface honestly. I work at an engineering consultancy and we see this convergence happening in ways most people aren't thinking about yet. MEV protection is getting huge. AI models can predict and counter frontrunning attacks in real time by analyzing mempool patterns and transaction flows. Our clients building DEX infrastructure are using this to protect their users from sandwich attacks and other MEV extraction. Cross chain bridge security is another area where AI makes sense. Training models on historical bridge exploits and transaction patterns to detect when someone's trying to manipulate oracle feeds or exploit timing differences between chains. The multichain world is creating attack vectors that humans can't monitor effectively. Automated market making is evolving beyond simple algorithms. AI agents that can adjust liquidity provision strategies based on market volatility, gas prices, and even social sentiment. We've built systems that can pull liquidity during high volatility periods and redeploy when conditions stabilize. Privacy preserving AI inference on blockchain data is interesting too. Using zero knowledge proofs to run AI models on encrypted transaction data without revealing the underlying information. Useful for compliance monitoring where you need to detect patterns but can't expose actual transaction details. Decentralized compute for AI training is getting traction. Instead of relying on centralized cloud providers, distributing model training across blockchain networks. The incentive structures work well and it's more censorship resistant than traditional approaches. The regulatory compliance angle is massive. AI systems that can automatically generate audit trails, detect potential violations, and even submit regulatory reports based on on chain activity. Our customers in DeFi are starting to need this as regulations get clearer. Most teams are still thinking about AI and crypto as separate domains but the real innovation happens when you architect them together from the ground up. The composability of both technologies creates possibilities that neither can achieve alone.

SevereCalendar7606

Use a secure bridge like wbtc https://wbtc.network/. Double check everything even my stuff. (dyor) Do small amounts at a time. Once moved onto ETH bridge to a L2 like arbitrum or base. If your doing a lot of BTC use something like cowswap to prevent MEV. Otherwise just double check your fees on uniswap etc... if you want to gamble a little take out a USD loan on your Bitcoin via Aave. That way if the price goes up you can keep taking more. If not we'll it's gone.

Hour_Bill_578

RPC for privacy so easy to get shielded from MEV attack!

inShambles3749

Don't use MEV when doing money stuff. Unless it's blue then snort away

RefrigeratorLow1259

Correct, Object based and UTXO models, unlike account based don't grant approvals for drains and MEV's.

poelzi

That is why I'm using sui for defi only. Not seen a MEV attack yet and there are plans to use forward encryption to make it impossible.

lturtsamuel

What the hack does that have to do with MEV? It's just an exploited misbehavior. You approve large amount to a contract which can be triggered by anyone. That's just like you leave money on the road and someone took it. The bot is fast to spot that money on the road and took it, that's all. Nothing MEV is involved.

coinfeeds-bot

tldr; Coinbase lost $300,000 in fees to an MEV bot due to a misstep involving the 0xProject swapper smart contract. The contract, being permissionless, allowed the bot to exploit token approvals initiated by Coinbase. The incident, which did not affect customer funds, was attributed to changes in a corporate DEX wallet. Coinbase has since revoked token allowances and moved funds to a new wallet. Critics highlighted the error as concerning, especially given Coinbase's recent challenges, including a reported cyberattack and downtime issues. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

GinormousHippo458

The issue with a fast Blockchain is i that it grows in capacity so fast that decentralization becomes insufficient and even impossible! Just look at "slow" ETH; very few full archive/chain nodes exist. And most of the usable nodes are hosted on AWS by Infura and Consensys. 😬. And worse, their block creation and subsidy rewards are monopolized and MEV harvested by the ETH whales through proof of stake. Where Vitalik is chair of the ETH central bank.

MaximumStudent1839

What has happened is that people have become aware of the limitations of this technology, the severe conflict of interest between secondary buyers and the dev team/VCs, etc. > What happened to the thoughtful discussions on how crypto can improve people's lives? You realize either a) a decentralized computing system is a poor fit for the problem, or b) there is too much conflict of interest between the dev team and the vision. For a), a good example is talking about helping the "unbanked". The reality is that an immutable system with code prone to bugs/hacks is a booby trap for the economically vulnerable, aka the "unbanked". These folks are often poorly educated, making themselves even more vulnerable to tech hacks and social engineering hacks. For many developers, they become instant millionaires once they launch a token; they are too detached from the struggles of the underclass to sympathize with them and build a system for them. Also, crypto VCs don't care about funding improvements for the underclass, unless they think they can use the narrative to farm your sympathy and make your hard-earned dollar fly away.... For b), you can look into how big players glorify toxic MEV during this run - Blockwork's obsession with Solana's REV being the prime example. In 2021, ppl were talking about making a decentralized system more resilient to market manipulation. It is not really in the validators' or devs' interest to combat these manipulations if they can do the manipulation to enrich themselves. The reality is, blockchain doesn't change human nature - probably exacerbate the worst of them because they get to hide behind a stream to do nasty things to you while they stay far away in Dubai/Singapore. Devs, VCs, etc have thoroughly farmed a lot of goodwill out of this space in their path to enrich themselves. > What happened to people talking about new tech integrations A lot of it, "new tech integrations," end up just as a narrative for funds to pump and dump. You don't see many tangible benefits. > supporting other struggling communities. You are better off by donating money directly to select charities. They will be more effective and transparent about what they will do for your social utility function. > Additionally everybody is either hostile to each other in the comments  I have grown increasingly intolerant, impatient, and hostile toward a lot of nonsense in this space. The level of brainwashing is insane here. If someone keeps telling you the sky is green everyday, you eventually get fed up and tell them to STFU.

pawgtube

Been in crypto for a while and seen plenty of platforms come and go but Mevolaxy caught me off guard in the best way. This isn’t some clickbait staking Dapp with made-up APYs. They actually run predictive mempool scanning, build sandwich bundles, and let you stake capital into those flows. It’s the first time I’ve seen MEV infrastructure offered through a clean interface for public use without centralized control. I staked ETH to test and the bot execution looks sharp. What’s really wild is they’re not just stuck in Ethereum. L2s are already in the pipeline and routing optimization across chains is working under the hood. Feels like someone finally brought serious infra-level logic to retail DeFi.

shanehaverney

Totally agree. At first I was pretty skeptical about this whole MEV staking idea. It sounded a bit too slick and usually that kind of thing ends up being either some middle-layer scheme or just a flashy UI wrapped around nothing. But in this case you can tell the architecture is actually solid. They’re really parsing the mempool in real time and building custom bundles. Also really impressed with how they’re handling L2 integration and crosschain stuff. Almost nobody actually scales beyond Ethereum but these guys are already testing Scroll and zkSync. From an architecture standpoint this doesn't feel like some MVP thrown together. It looks more like an institutional-grade platform. No goofy liquidity pools with random tokens either. Everything’s pretty transparent and yes it’s fully noncustodial.

WorthRepair8798

NEO \- Tiny market cap \- Well funded (can afford decades of development still) \- Huge tech developments on the horizon \- Most comprehensive toxic-MEV resistance (currently on test-net) \- AI with SpoonOS x ChainGPT partnership (excited to see where this go) \- The dual token system (check out GAS rewards, its incredible) \- Solid De-Fi (Flamingo Finance)

MinimalGravitas

No probs, I'll always try to answer properly if I can. And I think in terms of total drop it could potentially be up to 0.3% if you factor in MEV and tips, but yea, not a big deal really. There is just so much ETH staked already that the ETFs aren't a very significant size in comparison.

MinimalGravitas

There are currently about 6.6 million ETH held across all the ETFs. There are about 36 million ETH currently staked, so if all the ETH held by ETFs was staked it would increase the total amount staked by about 18%. Current attestation reward is 2.58% (not counting unpredictable things like MEV and proposal tips). With the extra 6.6 million staked the basic rewards would drop to about 2.37%, as the total both increases slightly and is shared between more validators. Things like the MEV and tips would just simply be reduced by the 18% (though obviously they vary a lot week to week anyway. If your total staking rewards at the moment were 3% today they might be expected to drop to about 2.7% if 100% of the ETFs converted to staking.

Xescure

There’s only one chain capable of taking on the wave of stablecoins and tokenized assets. One that not only scales like no other (11M TPS stress test with Google Cloud), but also has the all the compliance features needed for institutional adoption: Optional KYC, an extensive permission system, native tokenization (no smart contract vulnerabilities), and the elimination of mempools (bye bye MEV). Reading between the lines they had more adoption in their private pilot programs than half of crypto combined. For example: They operated as the authoritative record of balances for banks all around the world. They not only took over the interbank settlement layer, but also the banks’ internal tech stack. This pilot birthed the Anchor system, which is probably the most useful feature that I’m not even gonna go into. This is still just the tip of the iceberg. I could go on and on, like how this can actually extend to 50-100M TPS or how they trialed a system to replace VisaNet (that’s why they needed PCI DSS Level 1), but you would stop believing me. Sometimes truth really is stranger than fiction. See you at r/Keeta

barthib

The inflation of the ETH supply is 0.12% since the Merge (0.8% at most in low activity periods). Moreover, if you stake, you get a 2.8% yield (more if you subscribe to MEV). **So, overall, in the worst case (low activity period) you profit from the equivalent of a stock buyback of 2% per year (deflation), while holding BTC costs you a dilution of 0.8% per year and will never be below 0%.** For treasuries, there is no doubt that ETH is a superior asset to store value. –2% inflation versus +0.8%.

barthib

The inflation of the ETH supply is +0.12% since the Merge (+0.8% at most in low activity periods). Moreover, if you stake, you get a 2.8% yield (more if you subscribe to MEV). **So, overall, in the worst case (low activity period) you are left with the equivalent of a stock buyback of 2% (deflation), while holding BTC costs you a dilution of +0.8% per year and will never be below 0%.** For treasuries, there is no doubt that ETH is a superior asset to store value.

BioRobotTch

This shouldn't be illegal. Nodes that do MEV exploit network users to extract value from them by sandwich attacking their trades. Allowing attacks on nodes doing MEV punishes those who are exploiting network users. Don't want to be a victim to this then don't do MEV.

coinfeeds-bot

tldr; MIT-educated brothers Anton and James Peraire-Bueno face trial for allegedly stealing $25 million from Ethereum traders using MEV bot manipulation. They exploited vulnerabilities in the Ethereum network, targeting validators with lure transactions to attract bots and execute their scheme. A U.S. judge denied their motion to dismiss fraud charges, citing insufficient arguments. The stolen funds were laundered through multiple crypto addresses. The trial is set for October 2025. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Xescure

There’s only one chain capable of taking on the wave of stablecoins and tokenized assets. One that not only scales like no other (11M TPS stress test with Google Cloud), but also has the all the compliance features needed for institutional adoption: Optional KYC, an extensive permission system, native tokenization (no smart contract vulnerabilities), and the elimination of mempools (bye bye MEV). Reading between the lines they had more adoption in their private pilot programs than half of crypto combined. For example: They operated as the authoritative record of balances for banks all around the world. They not only took over the interbank settlement layer, but also the banks’ internal tech stack. This pilot birthed the Anchor system, which is probably the most useful feature that I’m not even gonna go into. This is still just the tip of the iceberg. I could go on and on, like how this can actually extend to 50-100M TPS or how they trialed a system to replace VisaNet (that’s why they needed PCI DSS Level 1), but you would stop believing me. Sometimes truth really is stranger than fiction. See you at r/Keeta

MichielLangkamp

I really like keeta, read this post i saw on twitter: Keeta Mainnet is around the corner, so what should we expect? Most mainnets are sell events because of huge capital raises and VC unlocks using the news for volume on their exit pump… in these situations the Mcap has already been over inflated to multiple billions and the tech was more than likely vapourware to begin with. Why would @KeetaNetwork be any different? Keeta launched at roughly 600k Mcap, lowest I’ve ever seen for an L1 and they allowed the trenches and non VCs to bid it all the way up. Was the fairest launch I’ve seen in some time for a tech project. With no VC sell pressure, and all holders waiting to see how the tech goes, if mainnet is a success will there be a sell off? Perhaps a little but it will be short lived. $KTA is really breaking barriers and if they deliver on everything they say they’re doing, we send to billions. Not an if, it’s a when. -11 million TPS -Anchors allowing it to be the financial back bone for all of fiat and crypto -KYC compliant for institutions -MEV resistant -Quantum compute resistant -Transaction cost at fractions of a penny -Eric Schmidt backing (ex google ceo, who took google from a startup to what is is today) -More big partnerships yet to be disclosed They’ve identified a real need in the financial space and they are solving a problem that will garner the interest of all of TradFi. They didn’t just build an L1 for the sake of it. We are going a lot higher. This is where kings are made. Everyone wishes they invested in Facebook, Amazon or Google early but who really pulled the trigger? Now’s your chance imo. Happy bidding :)

Realistic_Ad_7930

Keeta $KTA It‘s the only chain capable of taking on the wave of stablecoins and tokenized assets. One that not only scales like no other (11M TPS stress test with Google Cloud), but also has the all the compliance features needed for institutional adoption: Optional KYC, an extensive permission system, native tokenization (no smart contract vulnerabilities), and the elimination of mempools (bye bye MEV). Reading between the lines they had more adoption in their private pilot programs than half of crypto combined. For example: They operated as the authoritative record of balances for banks all around the world. They not only took over the interbank settlement layer, but also the banks’ internal tech stack. This pilot birthed the Anchor system, which is probably the most useful feature that I’m not even gonna go into. This is still just the tip of the iceberg. I could go on and on, like how this can actually extend to 50-100M TPS or how they trialed a system to replace VisaNet (that’s why they needed PCI DSS Level 1), but you would stop believing me. Sometimes truth really is stranger than fiction. r/Keeta would be its own Subreddit

AnoAnoSaPwet

You'll get MEV'd if you try to do that on any exchange or DEX. 

QuantumBurritoz

Because people can't use it yet, lol. SC roll out in 2 weeks. That opens up DEFI, Stables w/ MEV resistance, and a slew of EVM apps. There are a ton of apps already live on the test net. Did Solana have a ton of users before it launched?

QuantumBurritoz

I think if you look into Kaspa's MEV resistance for stable coins, that should be all you need to know to see the potential. But, look into KII and DII if you want some more. Zk roll ups. Defi uses blockdag (written by the OG). Everyone is going to say there is no use case blah blah blah. Nobody uses Kaspa blah blah The fact is, no-one does use it. Well, at least for a few more weeks. Smart contracts are getting ready to roll out (2 weeks). Circle already committed to a native USDC stable on Kaspa. Again, look into MEV resistance and you will see why this is VERY attractive to whales. Defi with the quickest settlement times and the highest security features. All the technical stuff is cool, but when it comes to real world uses, Kaspa is stocked and is finally, after 3 years of building, ready. There are a ton of apps already running on the test net. The next few months should be pretty intense for Kaspa. Will it replace BTC? No. And no one is saying it will, lol. If BTC is gold, Kaspa will be silver.

QuantumBurritoz

I think Kaspa's MEV resistance would like to have a conversation with you.

bestjaegerpilot

we tokenized the Brooklyn bridge. you can buy a part of history right on the blockchain. you need phantom wallet with a MEV bot DM me for details. only $29.99 on ETH. guaranteed to moon in one hundred years

MaximumStudent1839

> DefiLama reports Solana's 24hr revenue at 125k, ETH's at 500k and Tron at 2.2M. What these articles are really talking about is "REV", a rebranded name for MEV. Defillama's revenue number is for base fees. Solana's majority of revenue is coming from MEV. The biggest examples include 1) sniping bots paying validators to bundle and snipe new meme launches or 2) MEV bots fucking traders on illiquid memes via sandwich attacks. Now, if Solana only has big memes, this revenue would dry up quickly. Why? You can't really bundle established memes. Neither can you snipe them. Big memes also have sizable liquidity pools so it is a lot harder to sandwich attack traders. This is why for Solana's REV to go up, they need to promote newcomers to get raped on new meme launches constantly. Only a never-ending cycle of launching millions of meme per year can you keep up Solana's REV up. It is completely unsustainable because there are just not enough retards out there to get constantly butt raped by these bots paying REV to validators. You eventually run out of fools. When pump fun "trenches" died, Solana's REV also got chopped up in half. Right now, you are seeing another boost coming from Solana cabal trying to make bonkfun the next thing. Hence, you see another spike in REV as bonkfun is now printing gazillion new memes everyday for bots to buttfuck traders.

MaximumStudent1839

The time to be bullish for SOL was in 2023 and 2024. I was shouting hard about it in this sub and got muted with downvotes everytime. Now SOL leadership show they have lost the plot. Back in 2023/2024, there was a credible case for Solana to outperform everything. It defined its own lane. It promised to be different from this cesspool space of VC nonsense. In the end, it just embraced what it critiqued, turned its back, and became obnoxious. 1) Solana brand itself to build apps “only possible on Solana.” It turned out to be a massive narrative farce. Top leadership are just all interested in promoting token launches. That shit has been in crypto since forever. They said they will fund the best non-financial consumer apps. It turned out a lot were just retarded AI slop. A lot of its DePIN projects turned out no different from the rest of crypto in being an inflation farm. 2) Solana promised to invent its own best narrative and lead the space. It turns out, it just promote whatever slop derivative aping what ETH is doing. ETH talks about AI agent, Solana makes its chatbot rugpull slops. ETH talks about tokenizing tokens, Solana follows up with its rug ICM meta. Not only it signals its leadership as unimaginative but also signaling a lack of confidence to follow their own lane, as they like to brag about it before. 3) Solana has pushed for parallel execution. That is good. But every other chain is slowly adopting it too. It is not a moat anymore. Plus, when the chain gets busy, your tx just get dropped often, making it unreliable to use. 4) Solana think it is smart to tie its token valuation down to the REV metric. It is the same mistake ETH maxis did with ultrasound money. There are multiple vectors to this problem. Most of Solana revenue comes from extraction games. They are often unsustainable and don’t promote a rosy growth picture. The amount of idiots who can glue their face on pumpfun 24/7 probably peaked. When the pool of fools who want to play sub-1 min rug games get depleted, the music chair stops. So you’re tying up your token’s value in a drying up game. Then, shit like MEV makes the entire crypto system a complete downgrade compared to TradFi. You are tying up your token’s appeal by relying on it being an inferior system to TradFi. 5) Solana’s public image is so bulldozed. They used to criticize ETH for all the VC games. Now they are just doing the same. Have you watched Coffeezilla vids? His YouTube channel has a much wider reach than most retarded crypto influencers. He has a couple of episode interviewing influencers on them being bribed to launch shit to rug their followers on pump fun. A lot of shit even surprised me - even though I spent so much time here. It goes to show a lot of those who run Solana hates crypto and just want to rinse this space as fast as possible and cash out for good.

skirtedrails

You're building (or may already have built) your own aggregator. What was the reason for this decision instead of going with an established aggregator? What security measures are in place on the aggregator to prevent attacks like MEV?

princess_princeless

Most likely also with an MEV/Flash bot so it's not even remotely worth it.

Additional-War-837

What do you mean by MEV btw? First time I read about this acronym to be honest

sirporter

Yeah is a difference I think quite a few people are missing. Many stablecoin users want speed and cheap transactions while counter party risk is not a huge issue, especially those who have a small amount of their net worth or those whose alternative (ex: unstable foreign currency) is worse. Now what about a large company or institution who is building new financial rails? They care about counter party risk, MEV, and long term guarantees. They are more likely to build their own L2 or build on top of a centralized sequencer because they can trust MEV won't be a large issue (depending on the L2).

caramida_plutitoare

I'm trying not say that you are dumb, but you are not making my job easy, trust me. You clearly do not understand the differences between the two protocols. So please put that arrogance aside and read. **Ease of Adoption** **StratumV2**: Requires firmware updates or translation proxies for V1 devices. More complex due to new sub-protocols and roles, but backward-compatible via proxies. **DATUM**: Simpler to adopt, runs as a lightweight layer on Stratum V1. Requires a Bitcoin full node and DATUM gateway (can co-exist on one device). **Adoption Barriers** **StratumV2**: Slow adoption due to complexity, firmware updates, and pool reluctance to cede control. Miners may avoid Job Negotiation due to MEV (Miner Extractable Value) concerns. **DATUM**: Easier for miners to adopt due to minimal changes to existing setups. May face resistance from pools not supporting DATUM. Requires miners to run nodes.

coinfeeds-bot

tldr; SOL Strategies, a Solana infrastructure company, has launched a Strategic Ecosystem Reserve (SER) to support key blockchain projects within the Solana ecosystem. The reserve's first acquisition is 52,181 Jito (JTO) tokens, the governance token of Jito, a leading MEV infrastructure and liquid staking provider. The initiative aims to back projects that enhance Solana's growth and performance. SOL Strategies plans to fund the SER using validator revenue and expand support to other Solana projects in the future. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

MaximumStudent1839

>  It's hilarious you started this outrage by saying "SOL is pulling in 1B per year?!?!" and now attempting to move the goalpost to "it's currently declining!!". ROFL. You are honestly a clown to think it's past revenue that matters, not forward revenue. If you think ***centering the discussion on forward revenue*** is moving the "goalpost", then you have no position to talk about evaluating an asset by revenue. This is why the space is such a clown show. It is ppl like you abusing metrics to polish turds. >  Easier to admit you didn't know.  Go look through my history. When I argued for the SOL's bull case, it was around $20, and everyone was full bull on ETH/Celestia. I have been closely tracking SOL for many years now, before BTC even got its ETF. I pivoted once I realized the ecosystem's top is only interested in promoting fraud narratives, like ChatGPT as "AI" and Web 2 companies issuing meme tokens as "ICM". Sold and exited the ecosystem for around $250. > Issuance goes fully back to SOL holders lol. Doesn't change the fact it is an expense to maintain the network. > everyone believes L1 coins that earn 0 rev over a meme is somehow acceptable for established networks.  Oh wait. How did SOL make its revenue? Is it not MEV tips from trading memes? Yeah, its REV ran the hardest during that vaporous AI meme run. And it peaked exactly at the Trump/Melania meme. Then it accelerated its decline after the Argentine meme. Bruh, your entire REV historical data is based on ppl trading zero-revenue tokens. You just ran into a paradox - argue for trading revenue-based tokens means Solana's future REV will just continue to decline, hence its token valuation. > web 3 revenue with Solana apps Let us rank Solana's apps by cumulative revenue. Source: [https://defillama.com/chain/solana](https://defillama.com/chain/solana) 1) Pump 2) Phantom 3) Photon 4) Jupiter 5) BullX 6) Bonkbot 80%+ are all related to trading short-term shitters. All the extraction is already one. The data shows an extremely high attrition rate - just see how much Moonshot's volume has fallen off a cliff. Those poor noobs who got burnt, they aren't coming back to Solana casino. Warned many of them not to participate in the pump fun extraction last year - many didn't heed my warning. LOL. So, what catalyst will bring Solana close to its old levels? Nothing on the horizon. You are just latching on to old data for hopium.

Particular_Pop_7553

If pointing out real solutions makes it a cult, what does blindly following hype make the rest of crypto? I’m pointing to actual design choices that solve real issues that plauge every chain, reentrancy, MEV, infinite approvals, etc. I don't think people understand how bad those issues are. Most chains haven’t even attempted to tackle these structurally. If that’s “cultish,” then i guess crypto is done for.

Particular_Pop_7553

So what about Alephium? It actually is solving issues like reentrancy and MEV attacks that plague Ethereum. I don't think any other chain has touched on this. It also makes tokens themselves a native asset so you have full control over them. Uses sUTXO as well, essentially just UTXO like bitcoin but also account logic for SCs. Also custom language called Ralph which does things like explict asset approvals,built in annotations, and its syntaxs makes ralph more simple than say solidity. Did I mention it uses proof of work? So full network security of bitcoin. It also uses something called BlockFlow, which is pure atomic single step sharding which has also been abstracted away. Something to keep your eye on IMO. Fundamentally it does something different that no other chain does. Actually fix shit.

Numerous_Ruin_4947

[https://ethereum.org/en/developers/docs/consensus-mechanisms/pos/attack-and-defense/](https://ethereum.org/en/developers/docs/consensus-mechanisms/pos/attack-and-defense/) *At >50% of the total stake the attacker could dominate the fork choice algorithm. In this case, the attacker would be able to attest with the majority vote, giving them sufficient control to do short reorgs without needing to fool honest clients. The honest validators would follow suit because their fork choice algorithm would also see the attacker’s favored chain as the heaviest, so the chain could finalize. This enables the attacker to censor certain transactions, do short-range reorgs and extract maximum MEV by reordering blocks in their favor.* [https://ethresear.ch/t/dynamic-finalization-considering-51-attacks/21112](https://ethresear.ch/t/dynamic-finalization-considering-51-attacks/21112) *1. Classification of Existing Attack Methods* *Several attack methods against PoS Ethereum are known, with potential outcomes that attackers might realistically target, including reorg, double finality, and finality delay. A crucial factor in this analysis is the staking ratio required for an attack, indicating the minimum stake necessary, which serves as a barrier to entry. However, nearly as critical is attack sustainability, which measures how continuously an attacker can maintain the attack. If an attack is sustainable, it could cause significant damage. Additionally, attack stealthability is also important, as it indicates how covertly an attacker can execute an attack. If a protocol cannot detect an attack, it becomes difficult to determine whether defensive measures are necessary. Higher values for both metrics indicate a more negative outlook from the protocol’s perspective. The representative attack methods analyzed include:* 1. *Finality delay 33% attack* 2. *Double finality 34% attack* 3. *Short-reorg & censoring 51% attack (control over future)* 4. *Short-reorg & censoring 66% attack (control over past and future)*

biba8163

> Price is a lagging indicator - these things get priced in eventually Keep telling yourself that but here are the facts: - Stablecoins have grown 120% since 2021 while ETH marketcap/value is down almost ~-50%. > there are unrelated catalysts like RWA’s ETH is down -30% since the BlackRock RWA meme shilling began https://np.reddit.com/r/CryptoCurrency/comments/1bkm1u1/blackrock_unveils_crypto_fund_first_with_5/kvzup2u/ There have been ~6,000 BlackRock BUIDL transactions over 1+ year. At the current rate, the transaction fees collected would something like $900. So all that Blackrock brought was ~$800 in fees for 1 year. https://etherscan.io/token/0x7712c34205737192402172409a8F7ccef8aA2AEc YYou will eventually learn that ETH like all cryptos is a speculative asset whose value does not come from utility or usage and in order to compete as a rails network for stablecoins, it will need to remain cheap... > ETHs value appreciation comes not from utility but like all Alts from capital and liquidity brought by BTC -- see point 1. Also, **in order to compete with other chains, Ethereum will have to scale and that has seen the rise of L2/sidechains which results in loss transaction fees and MEV tips essentially stealing value from ETH. This essentially turns Ethereum, Solana, BSC, Tron, L2/Sidechains, etc into competing networks for DeFi casinos and rails for StablecCoin transfers where they have to remain cheap or utility and users will move to competing chains.** BTC on the other hand has no competition. It doesn't have to scale, it doesn't have to become cheap, it doesn't have to keep advancing, it doesn't have to keep up with the competition because there is no competition. (Sept. 2024) > *All this points are illustrated with ETH value is already being less than 1/3 BTC value from the summer of 2017 and continuing to trend lower over time. A short time frame of possible ETH out-performance if/when BTC goes on a big bullrun will draw short-sighted fools and their money who will over time watch with despair the falling ratio just as /r/ethfinance is doing so today.* https://np.reddit.com/r/ethfinance/comments/1f9ef5k/daily_general_discussion_september_5_2024/llmkgtm/ ...and ETH is not cheap considering it has no institutional, corporate, nation state, big money interest > Who is buying ETH for $3,000+? That is insanely expensive. Plus, insiders, developers, VCs got a ton of the supply for essentially free and have oligarchical privilege to print their own ETH for free and dump until perpetuity. (Nov. 2024) > Who is buying ETH at $3K to make significant moves to a $400 Billion marketcap asset? https://old.reddit.com/r/CryptoCurrency/comments/1gujmk1/daily_crypto_discussion_november_19_2024_gmt0/lxzks6h/

coinfeeds-bot

tldr; Bybit is launching Byreal, a decentralized exchange (DEX) on Solana, marking its entry into Hybrid Finance (HyFi). Byreal combines centralized exchange speed with decentralized finance transparency, featuring RFQ + CLMM tech to reduce slippage and combat MEV attacks, a 'Reset Launch' mechanism, and a 'Revive Vault' for yield strategies. The testnet launches June 30, 2025, with the mainnet planned for Q3. This move signals Bybit's pivot into DeFi and commitment to rebuilding trust in the Solana ecosystem. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

HSuke

Just dumping information I wrote awhile ago on the problems with Stratum. This is not ChatGPT. ------------------ The most popular pool-mining software, Stratum v1, uses **Getblocktemplate** under the hood. What miners can see from command line network requests: - Coinbase Transaction hash - This ensures that miners don't cheat the pool since the Coinbase Tx rewards will go to the pool's address - Previous block hash - Target hash difficulty That’s not enough info to detect a reorg or withholding attack as it’s being prepared. One misconception is that Bitcoin miners within a pool only get rewarded for solving submitting a winning block. If that were the case, most miners would NEVER get paid. **Instead, individuals usually get paid a shared reward whenever any members solve a puzzle, and they also get paid when they solve a lower-difficulty puzzle with fewer leading zeros.** **There are 2 big problems with Stratum v1**: 1. miners don't know if they solved a share (an easier puzzle) or the actual block puzzle, so they can't tell when a withholding attack is happening, even if they are monitoring it. 1. Getblocktemplate info is all hidden under the user interface. If they're using one of the top pools, they're not going to be monitoring it unless they’re running command line scripts. ##**Stratum v2** The main proposed solution to solve mining pool centralization that's been in development for several years (and 10 years overdue) is [Stratum v2](https://braiins.com/blog/stratum-v2-bitcoin-decentralization). **Stratum v2 is an optional pool-mining software upgrade that allows miners to propose their own block of transactions** If everyone were to switch to Stratum v2 with the optional Job Declaration and Template Distribution Protocols enabled, then all transactions would have to be agreed-upon by **both** the pool operators and the miners, but the miners control the order and the MEV. **Thus, as long as either the pool operator or the worker is honest, AND the worker is monitoring using a node, attacks cannot happen without both the miner and pool operator allowing it.** The problem with Stratum v2 is that there is no economic incentive for mining pool operators to allow v2. They would be shooting themselves in the foot. With v2, the game theory problems from years ago would return. ##**Problems with Stratum v2**: - **It's optional**: Stratum v2 is an optional upgrade with 3 optional components. No one is forced to run any of them. Pool operators don't have to allow Stratum v2. Job Declaration and Template Distribution Protocols which allow for miners to have input on blocks are also optional and not enabled by default. - **Economic disadvantage**: Miners will likely continue to join the pools with the highest rewards rates, and those will be the ones running Stratum v1. At the end of the day, miners care about getting the highest rewards rate. For example, Flashbots is still way more popular its competitors despite censorship simply because they have the most MEV. - **Reduced MEV and loss of control**: Miners are packaging their own transactions, and they might not select the most MEV for the pool. Pools would no longer be able to control out-of-band MEV by ordering transactions in the block for their partners. For-hire mining would take a huge loss. - **Requires miners to run full nodes to be decentralized**: Miner-submitted block templates require miners to be running full nodes. There are plenty of miners who choose to not run full nodes and thus can't build block templates. So the decentralized version of Stratum v2 would be limited to miners who are also running full nodes. - **Network Delays**: There is a small additional network delay due to miners building their own blocks, sending it to the pool, and then waiting for a response for whether it's valid. The Job Negotiation process can take several seconds. Mining empty blocks would have a larger competitive advantage. - **Vulnerable to Sabotage**: Competitor could also sabotage their pools by not submitting blocks so that their rates seem lower, leading to more joining their own pool. Competitors would lose out on a $million worth of rewards, but they would gain more miners in the long run. - **Mining Pool operators can still reject miner-submitted blocks** … though this specific kind of attack would be detectable and can serve as an early warning. Currently, there are a few small anti-censorship pools that use Stratum v2 with miner-submitted block templates. There is almost no chance any of the top pools to use it because it’s economically-disadvantageous. Thus, mining pool operators still control all of Bitcoin mining, and it’s impossible to detect an attack by miners until after it happens.