According to ChainCatcher news reported by The Block, Ethereum sidechain SKALE has announced the launch of the consensus-level transaction privacy solution BITE protocol, aimed at eliminating maximal extractable value (MEV) attacks.
The BITE protocol encrypts transaction data to prevent validators and MEV attackers from front-running, sniping transactions, or excluding transactions for their own benefit, in order to protect user interests.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
Ethereum sidechains SKALE launched the BIT protocol to prevent MEV attacks.
According to ChainCatcher news reported by The Block, Ethereum sidechain SKALE has announced the launch of the consensus-level transaction privacy solution BITE protocol, aimed at eliminating maximal extractable value (MEV) attacks. The BITE protocol encrypts transaction data to prevent validators and MEV attackers from front-running, sniping transactions, or excluding transactions for their own benefit, in order to protect user interests.