Blocknative, a blockchain infrastructure company, has launched a novel tool named Ethernow.xyz to analyze Ethereum's mempool (memory pool). This tool is designed to reduce block-level manipulation and protect users from front-running bots. It offers real-time insights into the Ethereum mempool data and the block-building process, effectively addressing "observability" challenges in the blockchain. Matt Cutler, CEO of Blocknative, highlighted the tool's ability to provide visibility into application usage and predict volatility changes. Ethernow.xyz is set to assist wallet providers in giving feedback on transaction statuses and MEV protection suggestions, as well as aid stablecoin issuers in monitoring transactions. Blocknative, which faced restructuring and staff reduction in October, developed this tool with a grant from the Ethereum Foundation, marking a significant step in enhancing transaction transparency and security on the Ethereum network.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
