Description: Shutter is a project to prevent front-running and malicious MEV on Ethereum by using threshold encryption
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Menu blog contact Preventing front running and malicious MEV on Ethereum Shutter Network is an open-source project that aims to prevent front running on Ethereum by using a threshold cryptography-based distributed key generation (DKG) protocol.
Maximally Extractable Value or MEV is the revenue the block producer (e.g. validator, miner, sequencer) can extract via front running, injecting, reordering or censoring transactions. The MEV extracted in 2020 alone was worth more than $314M — and that is only a lower bound.
The Shutter Network uses a threshold cryptography-based distributed key generation (DKG) protocol .