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Summary

Shutter and Gnosis partner to launch an anti-front running solution to protect traders from malicious MEV attacks in the crypto space, addressing the exploitation of nearly US$900 million annually.

Introduction

Shutter, an open-source protocol developed by brainbot, has introduced a new anti-front running solution using mempool encryption in collaboration with Gnosis to safeguard end-user transactions from MEV attacks.

Main Points

MEV attacks manipulate blockchain transactions for financial gain, with common tactics like sandwich attacks. Shutter integrates encryption within Gnosis Chain, preventing exploitation and ensuring transaction integrity. This approach enhances censorship resistance and protects traders from monetary losses.

Conclusion

Shutter’s encrypted mempool combats malicious MEV attacks, promoting fair trading in the crypto landscape. Through strategic integration with Gnosis Chain, Shutter aims to create a more equitable blockchain ecosystem, fostering transparency, equal access, and security for users.

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