Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

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

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)
0

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

Solana network has two Doge meme prototypes. The owner of the Shiba Inu Kabosu has a new pet with the same name. The transaction volume of the meme c

Odaily2024/07/28 02:14

Snowden: Beware of the privacy risks of Bitcoin, its transactions are not anonymous and can be traced back to individuals

Odaily2024/07/28 02:14

Vitalik: The key goal of validators is to avoid concentration of power, especially in areas such as consensus rule verification

Odaily2024/07/28 02:14

Trump: If elected, I will make the US the country with the lowest energy and electricity costs

Odaily2024/07/28 02:14