Jito Labs Proposes Block Assembly Marketplace for Solana

Jito Labs Proposes Block Assembly Marketplace for Solana
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Jito Labs has unveiled a proposal for a Block Assembly Marketplace (BAM) on Solana, aiming to enhance transaction sequencing without altering the base protocol. The system promises privacy, auditability, and application-controlled execution for DeFi use cases.

  • BAM introduces a network of nodes alongside Solana validators to order encrypted transactions in Trusted Execution Environments.
  • Plugins allow applications to inject or reorder instructions, enabling use cases like 'just-in-time' oracle updates.
  • Revenue from BAM fees will be split among node operators, validators, stakers, and the Jito DAO.
Related Tags: Solana
Other Tags: DeFi, Figment, Helius, Jito Labs
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