BNB Chain Launches Goodwill Alliance to Combat Sandwich Attacks

BNB Chain has introduced the "Goodwill Alliance," a collaborative effort aimed at mitigating on-chain MEV (Miner Extractable Value) attacks, specifically focusing on reducing "sandwich attacks" on the BNB Smart Chain (BSC). This initiative is designed to foster creative ideas, best practices, and ethical standards that benefit all participants within the BNB ecosystem.

The alliance's primary objective is to promote the reduction of "sandwich attacks," a type of MEV attack where malicious actors exploit the order of transactions to manipulate prices and extract value. Two key builders of the BNB Chain infrastructure, BlockRazor and BNB 48 Puissant, have already integrated "sandwich attack" filters into their block-building mechanisms, marking the first step in this initiative. The alliance encourages all BSC builders to join this effort and implement similar filters to combat these attacks.

Moving forward, the alliance plans to take additional steps to counter "sandwich attacks." These steps include defining the quality concept of sandwich attacks, creating tools to identify and measure these attacks, and fostering community cooperation to develop more infrastructure for detecting and preventing such attacks. By promoting these measures, the alliance aims to enhance the overall security and integrity of the BNB ecosystem.

The launch of the "Goodwill Alliance" underscores BNB Chain's commitment to addressing MEV attacks and ensuring a fair and transparent environment for all participants. By coordinating efforts and promoting best practices, the alliance seeks to create a more robust and secure blockchain ecosystem. This initiative is expected to gain wider acceptance through BNB governance, BEP, and BNB chain code, further solidifying the alliance's impact on the BNB ecosystem.