The Solana Foundation removes the validators due to sandwich attacks

The Solana Foundation removes the validators due to sandwich attacks
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The Solana Foundation has recently taken decisive action by removing a group of validator operators from its delegation program due to their involvement in sandwich attacks against users. This move, aimed at safeguarding the integrity and security of the network, underscores the foundation’s commitment to maintaining a fair and secure ecosystem for all participants.
What is a sandwich attack? Why is it dangerous for Solana Foundation?
To fully understand the gravity of the situation, it is essential to understand what sandwich attacks are. Sandwich attacks are a form of market manipulation in cryptocurrencies and decentralized exchanges (DEX). In a sandwich attack, a malicious actor observes a pending transaction on the blockchain and inserts two transactions: one before and one after the observed one. The goal is to exploit the price fluctuations caused by the original transaction to make a profit. In other words, the malicious actor “inserts” their transactions “

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We współpracy z: https://en.cryptonomist.ch/2024/06/10/the-solana-foundation-removes-the-validators-due-to-sandwich-attacks/

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