Innovative Per-Transaction Encryption to Combat MEV Frontrunning

A groundbreaking approach introduces per-transaction encryption as a defense against malicious MEV practices, aimed at safeguarding traders.

In a bid to tackle the rampant issues associated with malicious miner-extractable value (MEV) practices, a new proposal titled 'Flash Freezing Flash Boys' has emerged. This innovative concept advocates for the implementation of per-transaction encryption, designed specifically to thwart frontrunning activities.

Frontrunning, a tactic where traders exploit knowledge of pending transactions to gain an unfair advantage, has long plagued decentralized finance. By employing encryption at the transaction level, this new method aims to secure trading activities and level the playing field for all participants involved.