Shutter Integrates into Gnosis, Introducing Front-Running and Sandwich Attack Prevention

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Odaily2024/06/24 01:22

By:Odaily

Odaily News The Shutter team said the protocol has launched a new anti-front-running solution that uses memory pool encryption to combat MEV attacks that extract nearly $900 million from crypto transactions each year. In partnership with Gnosis, Shutter will be integrated into the fully EVM-compatible L1 Gnosis chain to protect end-user transactions from front-running and sandwich attacks, protecting traders from malicious MEV activity that can result in significant monetary losses and unfair impacts. Shutter is an open source protocol originally developed by Brainbot that focuses on preventing malicious MEV attacks. (CoinDesk)

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