BITE Protocol’s transaction ordering system is inspired by traditional finance methods that ensure fairness by eliminating front-running, sandwich attacks, and sniping.

Quotes that support claims

The new tool, called the BITE Protocol (short for Blockchain Integrated Threshold Encryption), draws inspiration from the way traditional finance typically handles transaction ordering to eliminate front-running, sandwich attacks, and sniping.

It brings blockchain transactions in line with that of traditional finance transactions, eliminating front-running tactics that have plagued the industry as more traditional institutions enter the space.