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Comment by snake_plissken

I still don't understand what's happening at the core of this and the other dark forest post from a few weeks ago. How exactly are these bots front-running/stealing the ethereums?

My understanding:

   -these bots scan the smart contracts that are waiting to be executed by the miners
   -the bots find vulnerabilities (another grey area in my mind) in the contract
   -the bots adjust the destination address of where the contract is supposed to send the the ethereums
   -then the bots continually execute the vulnerable smart contract code

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