Mainz, Germany, May 21, 2025 (GLOBE NEWSWIRE) -- Shutter Network, a leading innovator in decentralized privacy solutions, has announced a proposal to implement a threshold-encrypted mempool on BNB Chain to eliminate front-running, sandwich attacks, and other forms of malicious MEV (Maximal Extractable Value) activity, that have cost users over $1bn over the last 5 years.
The encrypted mempool would provide several critical benefits for BNB Chain: Complete protection from front-running and sandwich attacks – By encrypting transactions until ordering is finalizedEnhanced censorship resistance – Reducing opportunities for transaction interferenceFair transaction ordering – Ensuring finalized order before content is visibleOpt-in compatibility – Supporting both encrypted and regular transactionsReduced centralization – The system employs a decentralized approach where no single party can decrypt or manipulate transactions.
For more details on the proposal and to participate in the discussion: Read the full BEP: ENDS About Shutter NetworkShutter Network is an open-source threshold encryption protocol initially developed by brainbot GmbH that brings fairness and information symmetry to blockchain systems.
The story "Shutter Network Proposes Encrypted Mempool Solution to End Sandwich Attacks on BNB Chain" has 597 words across 22 sentences, which will take approximately 3 - 5 minutes for the average person to read.
Which news outlet covered this story?
The story "Shutter Network Proposes Encrypted Mempool Solution to End Sandwich Attacks on BNB Chain" was covered 14 hours ago by GlobeNewswire, a news publisher based in China.
How trustworthy is 'GlobeNewswire' news outlet?
GlobeNewswire is a fully independent (privately-owned) news outlet established in 1998 that covers mostly technology news.
The outlet is headquartered in China and publishes an average of 79 news stories per day.
It's most recent story was published 8 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
