Solana

Foundation

Discord

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    <h4 class="relative p-1 rounded-sm flex items-center justify-center bg-token-main-surface-primary text-token-text-primary h-8 w-8"><strong>This action aligns with the Foundation’s commitment to maintaining a secure and fair ecosystem.</strong></h4> 
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     It adheres strictly to the rules it has established to prohibit such malicious activities.
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<h4><strong>Enforcing Rules to Protect Users and Maintain Fairness</strong></h4> 
<p>The decision was communicated by Tim Garcia, the Solana Validator Relations Lead, through a message on the <a href="https://discord.com/channels/428295358100013066/895740485140906054/1249452294194462733" target="_blank" rel="noopener">Solana Foundation’s Discord server</a>. Garcia stated, “Decisions in this matter are final. Enforcement actions are ongoing as we detect operators participating in mempools which allow sandwich attacks.” This firm stance underscores the Foundation’s zero-tolerance policy towards exploitative behaviors within its network.</p> 
<p><a href="https://coinmarketcap.com/academy/article/what-are-sandwich-attacks-in-defi-and-how-can-you-avoid-them" target="_blank" rel="noopener">Sandwich attacks</a> are a specific type of front-running exploit that has become a significant concern in DeFi. In such an attack, the malicious actor places two transactions around a victim’s transaction. The first transaction is placed before the victim’s, and the second one is placed immediately after. This strategy manipulates the price, allowing the attacker to profit from the price changes induced by the victim’s transaction.</p> 
<p><img decoding="async" class="wp-image-142694 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/06/vcxfdghgfjkhukytryer-162x300.jpg" alt="" width="353" height="654" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/06/vcxfdghgfjkhukytryer-162x300.jpg 162w, https://www.altcoinbuzz.io/wp-content/uploads/2024/06/vcxfdghgfjkhukytryer-227x420.jpg 227w, https://www.altcoinbuzz.io/wp-content/uploads/2024/06/vcxfdghgfjkhukytryer.jpg 291w" sizes="(max-width: 353px) 100vw, 353px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/0xMert_/status/1799955514786234751" target="_blank" rel="noopener">X</a></strong></h6> 
<h5><strong>More About Solana Attacks</strong></h5> 
<p>The Solana Foundation explicitly <a href="https://discord.com/channels/428295358100013066/895740485140906054/1237454455079964693" target="_blank" rel="noopener">prohibited</a> such activities in a May 7 post by Garcia on the Foundation’s Discord channel. The guidelines aim to protect users from manipulative practices that can lead to substantial financial losses and undermine trust in the network.</p> 
<p>The enforcement of these rules is a crucial step for the Solana Foundation in ensuring the integrity of its blockchain. <a href="https://www.altcoinbuzz.io/?s=solana+validators" target="_blank" rel="noopener">Validators</a> are crucial for network security and performance, so compromising actions are taken very seriously.</p> 
<p><a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="alignnone size-full wp-image-123700" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner.jpg" sizes="(max-width: 1197px) 100vw, 1197px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner.jpg 1197w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1068x132.jpg 1068w" alt="" width="1197" height="148"></a></p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/solana-foundation-removes-validators-over-sandwich-attacks/">Solana Foundation Removes Validators Over Sandwich Attacks</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Solana Foundation Removes Validators Over Sandwich Attacks

Altcoin Buzz

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