What Is Manifold Finance?
Manifold Finance is a platform that provides access to high-value transaction pools on Ethereum Virtual Machine (EVM)-compatible chains. This is accomplished through their infrastructure called SecureRPC.
Background
Sam Bacha founded Manifold Finance in 2021.
How It Works
Manifold Finance operates where Ethereum transitions from a Proof of Work (PoW) to a Proof of Stake (PoS) consensus protocol. This shift changes the network’s security from miners to validators who stake security deposits and vote to reach a consensus. Manifold Finance believes that access to transaction sets will be a defining factor for block builders in this new Ethereum environment.
Manifold Finance’s SecureRPC infrastructure aggregates multiple endpoints and maintains direct access to various mining pools/validator nodes. It leads to a situation where a single block builder possesses the highest-value transaction pool, gaining a significant advantage. The platform also provides a suite of production-ready subsystems and services upon which applications like OpenMEV are built. These subsystems, however, do not offer end-to-end connectivity or service availability, necessitating additional network subsystems for data availability requirements.
Key Takeaways
- Manifold Finance provides access to high-value transaction pools on Ethereum Virtual Machine-compatible chains.
- The platform was founded by Sam Bacha in 2021.
- Manifold Finance operates in the context of Ethereum shifting from a Proof of Work to a Proof of Stake consensus protocol.
- Their SecureRPC infrastructure aggregates multiple endpoints and maintains direct access to various mining pools/validator nodes.
- The platform provides a suite of production-ready subsystems and services, such as OpenMEV, but requires additional network subsystems for data availability requirements.
