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cover of episode Solana Validators are Outperforming Ethereum in This Surprising Revenue Race

Solana Validators are Outperforming Ethereum in This Surprising Revenue Race

2024/5/8
logo of podcast Web3 Wavefronts - Digestible News on Crypto, DeFi and AI

Web3 Wavefronts - Digestible News on Crypto, DeFi and AI

Shownotes Transcript

Solana's validator income, known as maximal extractible value (MEV), has surpassed that of Ethereum due to an increase in traders and the use of a protocol named Jito. Jito helps arrange transactions into clusters, incentivizing validators to prioritize certain bundles over others. This increase in MEV is not definitively beneficial, as it could introduce predatory practices. However, it could also reduce spam, which has been a problem for Solana, with over 60% of non-vote transactions failing due to bots exploiting the network's low fees.

Read in-depth analysis on this topic at: https://theweb3.news/crypto/solana-validators-are-outperforming-ethereum-in-this-surprising-revenue-race/

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