This morning, the biggest news on Alpha is probably about that guy who got caught. First of all, I sympathize with him, but I have to say, buddy, you brought this on yourself. You should ask yourself why you were trading this #KOGE . Was it because you heard the wear and tear was low and wanted to reduce your losses? The intention is good, but I hope you use your brain. Throughout history, how many good things can you actually obtain? When everyone knows about something good, that's when it's dangerous. There's a saying in the crypto world to share with everyone, which many KOLs are doing now: 'Buy when no one knows; sell when the crowd is cheering.' Often, when you find out about something, it's already late-stage. Think about whether you are here to take over or to make money.
Back to the point, with such a large amount of funds, how could you dare to turn off MEV? What does that mean? Is it because you have money? Or are you just naïve? Those who read this article, don't say anything; you're the same. You only know you need to turn it on but not why. Next time, it could be you who gets caught. Only by understanding some basic knowledge can we walk further and more safely in the dark forest of blockchain.
I use BSC chain relatively less than SOL because the sandwich issue has been a persistent problem since its inception. Even when I first started playing Alpha, the main person was compensating those who got caught. Later, wallets added functions to avoid getting caught, but these are fundamental problems that cannot currently be solved. Because now all transactions go into the memory pool, which is a naked data transaction for miners. When you make a large purchase, these miners can execute a sandwich attack, directly trapping you at the top of the mountain.
Lastly, let me say this to everyone. Of course, if you don't want to listen, that's fine. After all, it's hard to persuade someone who is determined to go to their doom.
More and more people are getting into blockchain and understanding it, but blockchain is a dark forest. The first thing everyone must do is be responsible for their own assets. 'No your keys, no your coins.' This point must be remembered.
Don’t follow others blindly. Just because someone says something, doesn't mean it's true. You need to experiment and explore slowly on your own.
Don't trust any so-called KOLs; many KOLs themselves don't understand much, they just use some information to make you think they're impressive. You need to understand that being strong yourself is what truly matters.
Always keep learning; don't rush. Start from the basics and learn slowly if you want to go further in this field.
Currently, Paul is offering free explanations of some blockchain technologies. You can refer to my previous articles. If you want to be responsible for your assets and have an interest in technology, you might want to follow Paul.
