Shutter

Shutter aims to prevent front-running and malicious MEV on Ethereum by providing a decentralized and efficient solution that allows users to send encrypted transactions, ensuring fairness and security in the network.

Users can participate by engaging with the Shutter Network's applications, such as private voting and sealed bid auctions. Additionally, individuals can contribute by becoming keypers, who play a critical role in maintaining the network's security and integrity.

Shutter's unique implementation of threshold encryption and encrypted mempools on Ethereum mainnet distinguishes it from competitors, effectively preventing malicious MEV and real-time censorship while supporting a range of applications.

Shutter employs a threshold cryptography-based distributed key generation protocol, ensuring that transactions are encrypted and secure. This mechanism prevents exploitation and maintains fair markets and censorship resistance on Ethereum and Layer 2 solutions.

As with any cryptocurrency project, potential risks include market volatility, regulatory changes, and technological challenges. However, Shutter's implementation of threshold encryption and decentralized governance aims to mitigate these risks by ensuring security and community involvement.