Solana Foundation Expels Malicious Validators, Sparking Debate on Network Governance and Ethics
June 11, 2024The Solana Foundation expelled malicious validator operators from its delegation program for conducting 'sandwich attacks' on retail users.
These operators manipulated transaction prices for personal gain, prompting protective measures for retail investors.
The move has ignited a broader debate on network governance and ethical practices within the blockchain community.
Concerns have been raised about Solana's centralized nature compared to other decentralized chains like Ethereum.
Despite the controversy, Solana's protocol remains strong, trading at $158.03 and poised for substantial revenue generation.
The Foundation's continuous enforcement efforts aim to uphold network integrity amid scalability and security concerns.
Summary based on 5 sources
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Sources
Cointelegraph • Jun 10, 2024
Solana cracks down on validator sandwich attacksBeInCrypto • Jun 10, 2024
Solana Punishes Network Validators For Sandwich Attacks Against Retail TradersBitcoinist.com • Jun 10, 2024
Solana vs. Ethereum Feud Intensifies with Validator Ouster