Blockchain Integrated Threshold Encryption Protocol (BITE) is a cryptographic mechanism that encrypts transactions before they enter the mempool and decrypts them only after block finalization.

Quotes that support claims

By encrypting transactions before they enter the mempool and decrypting them only after block finalization, BITE adds a layer of privacy that could level the playing field for all users.

The SKALE team says that BITE stands for ‘Blockchain Integrated Threshold Encryption’. It prevents anybody from accessing transaction contents before a block is finalized. The protocol encrypts transactions before they enter the mempool and decrypts them after block finalization.