💪 Maximizing Blockchain Performance
Today's Highlights
- Jito Labs - MEV infrastruture company
- Learn - a couple of courses to further your knowledge in crypto.
- In Other News - a few interesting developments we're tracking.
Jito Labs - MEV infrastructure company
Jito Labs is one of the most important companies in the Solana ecosystem. They are building critical infrastructure that improves network performance and decentralization while maximizing profits for validators around the world.
Jito Labs is developing a suite of trading and validator tools that make Maximal Extractable Value(MEV) more democratic and accessible to traders and validators on the Solana network. Jito-Solana helps node operators earn more revenue and better utilize their hardware. It also features the first native spam-mitigation system for Solana, which helps improve network reliability. Jito-Solana also interfaces with Jito’s Block Engine, a proprietary system designed to build the most profitable and efficient blocks for the network.
In addition to validator software, Jito Labs develops tools for traders that are symbiotic with its infrastructure. Jito Bundles, which are similar to Flashbot Bundles on Ethereum, represent groups of transactions that are bundled together and executed in the order they are submitted by traders. Bundles improve liquidity, trading execution and network stability by circumventing expensive priority fee auctions and guaranteeing sequential, all-or-nothing execution.
Jito Labs also makes two additional trading tools: a priority mempool, which enables traders to see transactions at the speed they arrive on the network, and ShredStream, which provides low-latency access to shreds from leaders running the Jito-Solana client. Collectively, these tools give searchers and traders the ability to capture arbitrage opportunities and execute trades more efficiently without degrading network performance.
Jito Labs has raised a total of $10M in funding. Lucas Bruder and Zanyar Sherwani are the co-founders of Jito Labs.
📚 Learn
Don and Alex Tapscott
|
Oliver Belin and Jack Farmer
|