Ethereum Sidechain SKALE Launches BITE Protocol to Prevent MEV Attacks
According to TheBlock, Ethereum sidechain SKALE has announced the launch of the consensus-level transaction privacy solution BITE protocol, aiming to eliminate Maximum Extractable Value (MEV) attacks. The BITE protocol will encrypt transaction data to prevent validators and MEV attackers from front-running, sniping, or excluding transactions for their own benefit, thereby protecting user interests.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The three major U.S. stock indexes closed mixed
Federal Reserve Vice Chair Recommends Allowing Staff to Hold Small Amounts of Cryptocurrency
Trending news
MoreCrypto prices
More
