MEV Wiki
  • Introduction
  • Resource List
  • Terms and Concepts
    • DeFi
    • Automated Market Maker
    • Arbitrage
    • Lending Platforms
    • Slippage
    • Liquidations
    • Priority Gas Auctions
    • Transaction Ordering
  • Attack Examples
    • Front-running
    • Sandwich attack
    • Back-running
    • Liquidations
    • Time bandit attack
    • Uncle bandit attack
  • Attempts to trick the bots
    • Salmonella
    • Kattana
    • Other attempts
  • Solutions
    • Front-running as a Service (FaaS) or MEV Auctions (MEVA)
      • Private Transactions
      • BackRunMe by bloXroute
      • Flashbots
      • mistX by alchemist
      • KeeperDAO
      • EDEN Network (ArcherSwap)
      • Optimism
      • MiningDAO
      • BackBone Cabal
    • MEV Minimization
      • Conveyor (Automata Network)
      • SecretSwap (Secret Network)
      • Fair sequencing service (Chainlink)
      • Arbitrum (Offchain Labs)
      • Vega protocol
      • CowSwap
      • Veedo (StarkWare)
      • LibSubmarine
      • Sikka
      • Shutter Network
    • Other solutions
      • B.Protocol
  • Miscellaneous
  • Contributions
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  1. Solutions
  2. MEV Minimization

Shutter Network

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Last updated 3 years ago

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Shutter Network

Shutter Network is an open-source project that aims to prevent frontrunning and malicious MEV on Ethereum by using a threshold cryptography-based distributed key generation (DKG) protocol.

A Shutter transaction is a transaction protected from frontrunning in the target smart contract system. It therefore passes through a sequence of stages before it is executed.

A Shutter transaction flow:

  1. Created and encrypted in the user's wallet;

  2. Sent to the batcher contract as a standard Ethereum transaction;

  3. Picked up and decrypted by the keypers;

  4. Sent to the executor contract, and

  5. Forwarded to the target contract.

Links:

  • Website:

  • GitHub:

https://shutter.ghost.io/
https://github.com/brainbot-com/shutter