Cow Swap and Over 30 Ethereum Initiatives Create MEV Blocker
CoW Swap, Balancer, 1inch, and more than 30 other Ethereum initiatives have joined forces to create MEV Blocker RPC, a utility aimed at protecting users against various MEV attacks. MEV Blocker, developed by CoW Swap, in partnership with Agnostic Relayer, aims to prevent front-running and sandwich attacks by directing transactions via a distributed network of searchers designed to prevent such attacks.
MEV Blocker works by routing all transactions through a network of searchers that is structured to block frontrunning and sandwich attacks.
Searchers bid to backrun transactions coming from MEV Blocker, and MEV Blocker sends 90% of the profits to users (10% goes to validators).
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MEV Blocker: A Free RPC Gateway That Protects Against MEV Attacks in DeFi
MEV Blocker is a free RPC gateway that compensates users for protecting themselves against MEV across several use cases in decentralized applications, network-based tokens, and decentralized exchanges. By changing their RPC endpoint on their wallet, any user can start trading on DeFi.
MEV Blocker aims to democratize the ability to profit from MEV by compensating users for securing the network and preventing MEV attacks.MEV, or Miner Extractable Value, is a prevalent problem in the Ethereum network.
MEV Blocker RPC Creates More Secure and Fairer Ethereum Network
CoW Swap is committed to defending consumers in every possible way. Even if they are not its users, as MEV is a $1 billion concern that impacts all Ethereum users. MEV Blocker is a significant step towards a more secure and fairer Ethereum network. This collaboration is between more than 30 Ethereum initiatives. It underscores the importance of tackling MEV and ensuring that the network is secure for all users.
The Ethereum ecosystem is famous for its innovation and creativity. The creation of MEV Blocker is another example of the community’s ingenuity. The MEV Blocker protocol has the potential to revolutionize the way MEV attacks are prevented and detected. It creates a more secure and fairer Ethereum network.
The creation of MEV Blocker RPC is excellent news for the Ethereum community. It is a significant step towards democratizing the ability to profit from MEV and ensuring that the network is secure for all users. The collaboration between CoW Swap, Balancer, 1inch, and more than 30 other Ethereum initiatives highlights the importance of tackling MEV and working together to create a more secure and fairer Ethereum network.
