Skale launches the BITE Protocol to combat MEV attacks.

According to the Gate.io News bot, TheBlock reports that the blockchain network Skale has officially launched the BITE Protocol protocol. This protocol employs data encryption technology to encrypt data before transactions enter the memory pool and only decrypts it once the block is finalized. This design prevents validators and MEV Bots from profiting through front running, sandwich attacks, or sniper trades at the consensus level.