JitoSOL Committee Bans 15 More Validators from Receiving Stake
Jito's blacklist committee barred 15 validators from staking rewards after reports linked them to sandwich attacks affecting over 6% of leader slots on the Solana network.
SOL
JITOSOL
Summary
The JitoSOL Blacklist Committee has banned 15 validators from receiving JitoSOL staking assets, following findings by @0xGhostLogs that 23 validators were involved in wide sandwich attacks during over 6% of their leader slots. The enforcement action aims to protect Solana’s staking ecosystem by removing validators engaged in exploitative behavior.
Terms & Concepts
- Validator: A node in a blockchain network responsible for verifying transactions and maintaining the ledger, often earning rewards for their role.
- Stake: The amount of cryptocurrency locked in a blockchain network to support its operations, such as securing transactions and earning rewards.
- JitoSOL: A liquid staking token on the Solana blockchain associated with the Jito protocol, allowing users to stake SOL while maintaining liquidity.