TomToll
@tomtoll
Yesterday, over $1,5M was stolen from users by sandwich attacks on Ethereum Mainnet. On @base it was just $1,044. Base has ~50% of mainnet's DEX volume... It SHOULD be much closer right? Here's why sandwiching hardly happens on @base... ๐งต
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TomToll
@tomtoll
1/ Ethereum mainnet has a public mempool. Attackers monitor pending transactions and can pay validators enough to front-run users.
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TomToll
@tomtoll
2/ @base uses a centralized sequencer (run by @coinbase). No public mempool = no preview of pending transactions.
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