Jito Labs stops using the mempool feature during the sandwich attacks

In order to fix the problem of sandwich attacks that take advantage of transaction ordering, Jito Labs has disabled the mempool feature in its Solana client.

Traders have been experiencing problems with Jito Labs’s mempool feature because of complications caused by sandwich attacks. Jito Labs is the creator of a popular alternative client for the Solana blockchain. In response to unethical trading tactics made possible by their mempool capabilities, the corporation announced this change in approach via Twitter on Friday.

Cryptographic mempools, which are repositories for pending transactions, have recently been the target of assaults of this kind. Although Solana doesn’t use a mempool in and of itself, Jito’s method of transaction sequencing introduced security holes. This move follows Jito Labs’ recent reevaluation of its position on front-running, a technique associated with sandwich attacks in which traders take advantage of the time lag between the announcement and execution of a transaction in the mempool to influence market prices.

Jito Labs has been investigating potential solutions to mitigate the detrimental effects of Miner Extractable Value (MEV), such as sandwich attacks, on the Solana ecosystem. Even while the team tried to come up with technical ways to stop these exploitative transactions, they couldn’t keep up with the ever-changing strategies used by MEV searches. Suppressing the mempool function was thus considered an essential measure to safeguard the environment from these harmful tactics.

Rest assured, other features of the Jito Block Engine, such as package processing, will still work, according to the business. With an eye on improving Solana’s execution environment for all users and creating new income sources for validators and stakeholders, Jito Labs has reiterated its dedication to the Solana community and its emphasis on the Jito Network. This action demonstrates Jito Labs’ commitment to reducing the harm that MEV may do to the Solana blockchain and its users.

Also Read: Ubisoft adopts blockchain technology for the XPLA ecosystem as a node validator March 9, 2024