BITE Protocol tackles MEV at the consensus layer using cryptographic guarantees, setting it apart from earlier mitigation strategies such as private mempools and fair transaction processing.
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While various solutions have emerged to address MEV - including private mempools and ‘fair transaction processing’ - SKALE CEO Jack O’Holleran argues that BITE represents a step forward by tackling the issue at the consensus layer itself.
Rather than applying band-aid solutions to the MEV problem, BITE addresses it at its root through cryptographic guarantees in the consensus layer itself.
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BITE’s strategic design and ecosystem benefits
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