#threshold-encryption

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#mev-maximal-extractable-value #blockchain-security #transaction-ordering #shutter-protocol #mev #mempool
Cryptocurrency
fromCointelegraph
5 months ago

Applied MEV protection via Shutter's threshold encryption

MEV enables value extraction through transaction ordering control, costing users approximately 11% of Ethereum block rewards, with threshold encryption like Shutter offering a deployed cryptographic solution.
fromcointelegraph.com
5 months ago

Applied MEV protection via Shutter's threshold encryption

Transparency is one of the foundational features of blockchains, but it enabled value extraction by controlling the order and inclusion of transactions within a block, known as MEV, or maximal extractable value. This problem is common on most blockchains and is rooted in the public nature of mempools, a ledger that stores pending transactions data. This information allowed block producers and other actors to benefit from frontrunning transactions.
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