A priority transaction network for Ethereum saw a launch in advance of the highly anticipated London hardfork and EIP-1559. It seeks to end the menace of miner extractable value (MEV) and protects on-chain traders from being ‘front run’ on their trades.
You won’t get frontrun
Called the Eden Network, the protocol protects traders from frontrunning, creating new incentives for block producers following the implementation of EIP-1559 and redistributes miner extractable value (MEV) in a more equitable way.
Miner extractable value is the process of deliberately rearranging the order of transactions within a block that is being added to a blockchain. Blackhat bot developers or malicious miners can execute harmful arbitrage strategies to extract MEV, such as frontrunning or sandwich attacks.
These attacks ultimately hurt traders and siphon massive amounts of value out of the Ethereum ecosystem: It’s estimated that more than $800M has been extracted by MEV since January 1, 2020.
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Źródło: https://cryptoslate.com/this-protocol-protects-defi-traders-from-being-front-run-on-ethereum/
