By 0x4lireza

Today, I am going to compare Fantom and Ethereum, which has received less attention in the crypto community.

You must know that transactions in blockchain networks are placed in a pool called Mempool before being placed in network blocks. In fact, Mempool is a pool of transactions that have not yet been selected by network validators to be confirmed and placed in a block.

The issue is this: Can a Validator, upon seeing a transaction related to the heavy sale of a token in Mempool before being registered in a block, sell his tokens early so as not to lose? Or on the contrary, by seeing a heavy purchase transaction, can he make a purchase transaction for himself and after that sell heavy purchase and make a profit?

The answer to these questions in the Ethereum network is yes, and it is known as MEV attacks, which are known as hidden taxes and have different types. I am not exaggerating if I say that hundreds of millions of dollars have gone from the pockets of users to the pockets of those who used MEV on the Ethereum network, and this is one of the reasons for the congestion of the Ethereum network and the rise of Gas.

Two conditions are necessary to create an opportunity for MEV, i.e. the more these two conditions are met, the blockchain will provide a better opportunity for MEV:

1- High block time: the longer the interval between the production of a block, the longer the transactions are in Mempool, so there is more opportunity for robots to monitor Mempool well and decide what to buy or sell based on the available transactions.

2- The possibility of prioritizing transactions for registration in the block: In the Ethereum network, it is possible that validators can change the order of recording transactions in the block! That is, he can arrange transactions in such a way that the result ends up in his favor. For example, the purchase transaction will be given priority 1, then the heavy purchase transaction of a user that it had observed will be given priority 2, and the sale transaction will be given priority 3, after the price is inflated due to the heavy purchase of a user, it will exit with a profit, then the transactions with Record the desired order in a block so that it is executed in order.

The high block time (about 13-14 seconds) and the possibility of changing the priority of registering transactions in a block by the Validator have turned the Ethereum network into MEV heaven, and this is a hidden tax that they take from the users' pockets, and that's why no one is concerned about the congestion of the network or the increase in gas. Fee doesn't protest either, because in fact, the reason is his own profitable toys that fill their pockets with the capital of ordinary users.

But one of the important characteristics of the Phantom network is that the transactions are placed in the blocks as soon as they are registered by the user, and it is not possible to change the priority. The second important feature is the low block time, which is now about one second, which means that validators have less time to recognize the MEV opportunity and execute it. In addition, the network is designed in such a way that the more crowded it gets, the block time decreases (the block time in the phantom network is dynamic), and this means that the more crowded the network is, the harder MEV becomes.

There are different stakeholders behind the promotion and development of different networks, and it is natural that the trend of successful DAG structures like phantoms has been bothering those who have hidden hundreds of millions of tax dollars from users' pockets for years, but the awareness and knowledge level of users will not remain the same.

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I emphasize again, keep an eye on the Native projects of the Phantom ecosystem. Among the items in the picture, Stargate is not a Phantom Native project, but it is active in this network. Any of these Native projects, if their price increases, will pull the whole ecosystem up and we will see a bull run in the ecosystem. I said earlier, Phantom created a good financial backup in the previous bullrun and knows very well that the most important and cheapest marketing tool to compete with other chains is to grow its ecosystem projects. I still believe that Top Gainer is the next Bulleran at the ecosystem level, and if you are immersed in valuable community chains, things that are going to grow well in the future will clearly show themselves to you. Also, as a general trend, keep in mind that the future of crypto depends only on the comprehensive development and growth of DEXs, as well as advanced trading tools such as futures in a decentralized manner. Crypto needs to reduce its dependence on centralized tools and platforms if it wants to continue its evolution.