Post #3852

🔧Enhancing Security on the 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://github.com/node-real/private-tx-sender 🔗 Learn More: For detailed information, visit our BSC MEV dashboard and Dune dashboard to view the latest MEV builder data. https://dune.com/bnbchain/bnb-smart-chain-mev-stats Read the blog here: https://www.bnbchain.org/en/blog/bnb-chain-mev-faqs