🔥Hot news about crypto products🔥
Recently, #Flashbots released a report on MEV bots
🤖MEV bots limit the scalability of blockchain
- Quick spam transactions consume all block capacity 📈
- OP-Stack Rollup: consumes over 50% of gas fees 🔥
- Base: 2 bots consume over 80% of spam transactions
- #Solana: accounts for 40%
To address this, #Flashbots proposes replacing gas auctions with a two-part mechanism: allowing MEV bots to submit bids off-chain through separate auctions, using a trusted execution environment to avoid frontrunning.
This model could reduce congestion, lower fees, and pave the way for new applications.