Flashbots: the movement moving forward in Ethereum to beat high commissions

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Avatar for Frankdaniel1
3 years ago

The mechanism mitigates the bidding war of the arbitrage bots that congest the network.

More than 58% of the network's hashrate promotes mining under transparent rules.

Transaction fees on the Ethereum network have recently been reduced by 50% compared to the almost $ 40 per transaction that users had to pay to transfer their ethers on February 23.

The community associates this drop with the strategies implemented by Flashbots. It is an organization that declared war on certain unconventional rules that go against the decentralization of the second most important blockchain in the cryptocurrency ecosystem.

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