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SKALE Unveils BITE Protocol to Combat $2 Billion MEV Threat in Blockchain
SKALE Unveils BITE Protocol to Combat $2 Billion MEV Threat in Blockchain
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SKALE Labs has launched the BITE Protocol, a groundbreaking solution designed to eliminate Miner Extractable Value (MEV) vulnerabilities at the consensus level. The MOVE addresses an industry-wide issue that has drained over $1.8 billion from blockchain networks since 2020 through front-running and sandwich attacks.
The protocol represents the first technical approach to fully prevent transaction exploitation by validators or other parties before block finalization. Unlike previous partial solutions, BITE’s cryptographic innovation brings blockchain transaction security in line with traditional financial standards—a critical development as institutional adoption accelerates.
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