Solana Foundation Takes Action Against Validators Involved in Sandwich Attacks
In a recent update, the Solana Foundation announced the removal of some validator operators from its delegation program due to their participation in sandwich attacks on users of the Solana blockchain. Tim Garcia, Solana’s validator relations lead, addressed the issue in a statement shared on the Solana Foundation Discord server.
Garcia emphasized that the decisions made in this regard are final and ongoing enforcement actions are in place to identify operators involved in mempools that facilitate sandwich attacks. A sandwich attack is a type of front-running exploit where an attacker conducts two transactions around a victim’s transaction to manipulate prices and profit from the price difference, a practice that goes against the standards set by the Solana Foundation.
Operators engaging in malicious activities, such as participating in private mempools to execute sandwich attacks or causing harm to Solana users, will not be tolerated by the delegation program. Any individual found engaging in such behavior will be disqualified from the program, and any support from the Foundation will be immediately and permanently terminated.
Mert Mumtaz, co-founder of Solana provider RPC Helius, supported the Foundation’s actions and emphasized that this move will prevent the delegation of funds to validators conducting harmful sandwich attacks against retail users. He stated that the Foundation does not condone retail users being exploited, especially with its own involvement, and reiterated that operators engaging in such attacks will not be subsidized by the Foundation.
As of the latest update, the price of Solana was recorded at US$158.29, marking a 1.8% decrease in the past 24 hours.
Disclaimer: The opinions expressed in this article are for informational purposes only and do not constitute financial or investment advice. Trading or investing in cryptocurrencies carries a risk of financial loss.
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