🔧 Enhancing Security on BNB Chain and Addressing MEV Challenges

🔍 What is MEV?

Maximal Extractable Value (MEV) is a complex but inherent aspect of all PoS blockchains like BNB Chain (BSC) and Ethereum. While it presents challenges like arbitrage and sandwich attacks, it also plays a vital role in incentivizing participation and securing the network.

🔧 Our Solution:

BNB Chain is enhancing its MEV landscape through the Proposer-Builder Separation (PBS) model. This model separates block proposers (Validators) from block builders, allowing builders to create blocks and propose them to validators, who then select the most profitable one.

📈 Current Progress:

- Over 60% of transactions are included on-chain through builders.

- We aim to increase this percentage to over 90% to further protect users.

🔒 Why Use a Private MEV-protected RPC?

Using a private MEV-protected RPC ensures your transactions are sent to the builder's private mempool, mitigating the risk of being sandwiched by attackers.

🔗 How to Find a Private MEV Protected RPC:

- Many DEX protocols or wallet providers, like PancakeSwap, offer free MEV protection features.

- Premium private MEV-protected RPCs are available from service providers like BloxRoute, Blocksmith, Nodereal, Blockrazor, and Puissant.

📊 Maximizing Transaction Speed:

To maximize transaction speed, build a proxy to broadcast transactions to multiple builders. Check out the open-source transaction proxy sample code by NodeReal here: https://t.co/Q4o1MGWzuo

🔗 Learn More:

For detailed information, visit our BSC MEV dashboard and Dune dashboard to view the latest MEV builder data. https://t.co/QGwk3TVI6m

Read the blog here👇

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