Ethereum sidechain SKALE launches BITE protocol to prevent MEV attacks

ChainCatcher news, according to The Block, the Ethereum sidechain SKALE has announced the launch of the consensus-level transaction privacy solution BITE protocol, aimed at eliminating Maximum Extractable Value (MEV) attacks.

The BITE protocol will encrypt transaction data to prevent validators and MEV attackers from front-running, sandwiching, or excluding transactions for their own benefit, in order to protect user interests.