Description
Shutter Network is a blockchain-based platform enhancing the privacy and security of smart contract transactions through its Threshold Cryptography MPC (Multiparty Computation) mechanism. This innovative solution aims to protect transactions from front-running attacks by concealing their details until finalized on the blockchain, thereby bolstering the integrity and fairness in the DeFi sector. Emphasizing decentralization and trustlessness, Shutter Network is addressing critical challenges within blockchain and DeFi environments by ensuring transaction orders and specifics remain undisclosed to prevent manipulation. Its deployment on Ethereum leverages a DKG protocol based on threshold cryptography to circumvent frontrunning and is prepping for a testnet release on Goerli, illustrating a commitment to developing secure, privacy-preserving tools for the broader ecosystem.
Shutter Network is a blockchain-based platform enhancing the privacy and security of smart contract transactions through its Threshold Cryptography MPC (Multiparty Computation) mechanism. This innovative solution aims to protect transactions from front-running attacks by concealing their details until finalized on the blockchain, thereby bolstering the integrity and fairness in the DeFi sector. Emphasizing decentralization and trustlessness, Shutter Network is addressing critical challenges within blockchain and DeFi environments by ensuring transaction orders and specifics remain undisclosed to prevent manipulation. Its deployment on Ethereum leverages a DKG protocol based on threshold cryptography to circumvent frontrunning and is prepping for a testnet release on Goerli, illustrating a commitment to developing secure, privacy-preserving tools for the broader ecosystem.
