Note: Transaction Distribution Network has been discontinued as of March 31, 2023
San Francisco, August 11th, 2022
Blocknative, the real-time Web3 infrastructure company, has released Transaction Distribution Network. This tool allows Web3 users to respond to pre-chain risks and opportunities faster than ever, ensuring each transaction has the best chance of getting into the next block. The result is better, more predictable outcomes when submitting or replacing transactions.
Transaction Distribution Network works by simultaneously injecting a transaction into multiple Ethereum nodes located around the world. This accelerates Ethereum’s peer-to-peer propagation, reducing the time it takes for the transaction to reach every node in the network, including miners and validators post merge.
To achieve this, the Transaction Distribution Network uses a low-latency, self-optimizing peer-to-peer overlay that automatically finds and exploits the fastest network routes. This allows Transaction Distribution Network to respond to changes in network conditions in real-time, for example routing around congestion caused by a bidding war. When combined with our highly-optimized networking stack, Transaction Distribution Network provides propagation speeds close to the theoretical limit, even under adverse conditions. This gives users a significant advantage for inclusion in the next block.
Transaction Distribution Network is the highly-anticipated capstone component of Blocknative’s end-to-end pre-chain toolkit. With the release of Transaction Distribution Network, Blocknative users now have access to complete, real-time transaction control, and can respond faster than ever to every risk and opportunity in the mempool. Transaction Distribution Network users receive real-time alerts as their transactions race across our global network, providing insight well beyond the acknowledgment of single-point injection provided by standard RPCs.
Chris Meisl, Blocknative CTO, added, “Transaction Distribution Network gives users a competitive edge by rapidly propagating their transactions to Ethereum nodes so that they have a higher probability of inclusion. Transactions are simultaneously injected into multiple global nodes through our private, geographically optimized network, so there is no need to wait for peer-to-peer propagation.”
Users without access to the pre-chain layer can be vulnerable to its inherent uncertainty. This includes volatile gas fees, inaccurate transaction previews, and adversarial actors. These can all result in less-than-favorable settlement outcomes, including failed transactions or increased MEV exposure.
Blocknative Transaction Distribution Network adds the ability to write to the pre-chain layer with confidence. Users can now respond to the pre-chain risks and opportunities they already monitor with Blocknative.
To learn more about the Transaction Distribution Network, visit blocknative.com/transaction-distribution-network
For media inquiries, please contact Phil LeRoy at (310) 260-7901 or Phil(at)MelrosePR(dot)com
Blocknative is the real-time Web3 infrastructure company that enables users to see the future and act on pre-chain insights. Blocknative delivers Web3’s most accurate gas fee prediction, enables prescient decisions, and improves transaction outcomes. Blocknative democratizes access to mempool data across multiple chains, including Ethereum, Polygon, and Gnosis Chain, empowering users to see what is happening and what will happen next on leading public blockchain networks. Founded in 2018, Blocknative powers many forward-thinking Web3 developers, Defi protocols, and core infrastructure projects, including Curve, Ledger, MetaMask Compound, Synthetix, Bancor, Gitcoin, Aavegotchi, Polygon Foundation, and the Ethereum Foundation.
Blocknative's proven & powerful enterprise-grade infrastructure makes it easy for builders and traders to work with mempool data.Visit ethernow.xyz