1 Inch RabbitHole Protects MetaMask Users from Sandwich Attacks

1inch hopes to protect MetaMask users with a new feature called RabbitHole. 1inch may monetize the feature in the future depending on user feedback. Once the purchase order has been executed, the price of the token goes up and the trader then sells at a higher price. The victim’s token price will rise once the purchase order is executed. At that point, the trader will sell at the new, higher price. Although not strictly illegal, sandwich attacks still manipulate cryptocurrency values. A sandwich attack can also cause significant losses to users. This is because transactions made on blockchain are broadcast to the entire network and take time for them to be included in chain blocks. RabbitHole flags transactions that could be vulnerable to sandwich attacks if they are profitable enough. An alternate mechanism is used to insert the transaction into the blockchain if a transaction is suspected to be vulnerable to such an attack. It prevents transactions from being broadcast to public by sending them to validators like Flashbots. Its unique algorithm will check swap transactions on 1inch for the threat of a sandwich attack, and if such a threat is detected, the transaction will be sent directly to validators using one of the aggregated providers.DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.Join us to keep track of news: coincu.comHaroldCoincu NewsTags: 1INCHMetaMaskMEVRabbitHoleSandwich Attacks