In the Web3 world, Maximal Extractable Value (MEV) appears to be the ultimate friction to project success. Imagine a bot jumping que to frontrun mints, liquidities, and arbitrage via your dApp. This undoubtedly compromises the integrity of your dApp.
In contrast to other blockchains like Ethereum, Solana, amongst others, that rely on off-chain workarounds like MEV-Boost or Flashbots, that still does not prevent front-running, the DMD Diamond blockchain solves MEV issue at its core. Our blockchain is able to natively solve it by integrating the world-first cooperative, frontrunning-prevention mechanics (HBBFT consensus) directly into our Layer1. What an evolution era created by DMD Diamond blockchain!
The Architecture of DMD Diamond’s MEV and Frontrunning Prevention: Using HBBFT Consensus and Threshold Encryption
Unlike blockchains with leader-based consensus, block creation on the DMD Diamond blockchain is a collaborative effort. Thanks to our successful implementation of the HoneyBadgerBFT (HBBFT) consensus. We are proud to be the first in the industry to successfully implement it.
- The Mempool: Transactions are broadcasted to the network, and at this stage; they are visible in the mempool to all individual nodes.
- Threshold Encryption: Contributions to the block are threshold-encrypted before sharing. No node can see combined contributions yet.
- Consensus and Decryption: Once a consensus threshold is reached, the data lock triggers! Combined contributions are then decrypted for all.
- Random Transaction shuffling: Our unique, tamper-proof, built-in Random Number Generator (RNG) shuffles the transactions to determine final transaction order. With this approach, no node can dictate this order.
- Immutable Block: All active validator nodes (normally 25) generate the same block and sign it together. No single node can change transaction order or remove a transaction or insert new transaction – which is the base of the DMD Diamond’s ZeroMEV technology.
Ultimately, neither MEV nor front-running is possible on our ecosystem!
Industry Verticals That Could Be Revolutionise With DMD Diamond’s Unique Layer1 MEV and Frontrunning Prevention Mechanics
- DeFi & DEXs: Integrate your DeFi ecosystem and Decentralized exchanges with the DMD Diamond blockchain, and automatically eliminate sandwich attacks, maintain price trust, and create a reliable trading ecosystem that naturally attracts massive liquidity.
- Fair-Launch IDO & NFT Platforms: By building or integrating with our blockchain, you will be able to eliminate bot-sniping and gas wars. Your user who clicked Mint first won’t be frontrun by bot paying double or 5x the gas to jump the queue.
- Real-World Asset (RWA) Tokenization: Institutional investors want transaction certainty. The DMD Diamond blockchain provides a reliable ecosystem that matches such compliance and fairness standards of traditional finance.
- On-Chain Gaming & Casinos: Utilize our native Random Transaction Shuffling ability to power provably fair gameplay and hidden-state mechanics without expensive off-chain oracles.
- Liquid Staking & Yield Aggregators: By using our chain, you are protecting your users yield from being drained by MEV during harvest or rebalancing scenarios
Project Builders: Sustain Your Project’s Value!
Are you building projects in DeFi, GameFi, RWA, NFT, IDO, or other related blockchain niches? It is important not to go for a blockchain that harvests your users through MEV and Frontrunning. You should alternatively build on top or integrate with a Layer 1 that protects your project ROI by design. Such Layer1 is the DMD Diamond blockchain!
The DMD Diamond blockchain is EVM-compatible. Therefore, there is no need to study a new programming language. What you need is a better foundation to be on top. Bring your Solidity smart contracts to the only chain (the DMD Diamond blockchain) where its native protocol is your shield.
