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Skale launches BITE Protocol, aiming to prevent MEV attacks from the consensus layer.
Skale launched the BITE Protocol, which aims to eliminate maximal extractable value (MEV) attacks from the consensus layer. The BITE Protocol encrypts data before transactions enter the memory pool and decrypts it after the block is finalized, preventing validators and MEV Bots from profiting through front running, sandwich attacks, or sniper trades. (TheBlock)