- Mert Montaz highlighted that validators exploiting the Sandwich attack bug on Solana are disqualified from the Solana Foundation program.
- The Solana Foundation will not support validators who misuse the platform for personal gain.
- Montaz noted ongoing issues with MEV and network spamming by some RPC providers.
Helius CEO, Mert Montaz, recently addressed concerns on X (formerly Twitter) regarding the Solana Foundation Delegation program, following the disqualification of some validators for malpractice.
I'm sure a lot of super honest people who have a perfect understanding of MEV on Solana and the Foundation Delegation program will try to misrepresent reality to feel better about their bagsFor those genuinely curious, I'll summarize:
– a sandwich attack is a malicious form of… pic.twitter.com/KhfGBgGuyT
— mert | helius | hSOL (@0xMert_) June 10, 2024
Montaz explained how a malicious bug, known as a Sandwich attack, can manipulate transactions, causing investors to lose funds while attackers profit. He emphasized that Solana’s lack of a mempool prevents such attacks natively. However, some validators have modified their software to facilitate these attacks…
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