According to BlockBeats news on March 19, Neo X’s anti-maximal extractable value (MEV) feature has been launched on the testnet, as announced officially. Neo X employs “sealed transactions” technology to encrypt transaction information, ensuring that no one can identify potential profit opportunities. Consensus nodes will process transactions fairly. Once the transaction order is determined, the threshold decryption feature is activated, requiring at least two-thirds (⅔) of consensus nodes to collaborate in decrypting the transaction and ultimately confirming the block. This function fundamentally eliminates the value extraction of users by MEV attacks.
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Neo X anti-MEV feature launched on Testnet
According to BlockBeats news on March 19, Neo X’s anti-maximal extractable value (MEV) feature has been launched on the testnet, as announced officially. Neo X employs “sealed transactions” technology to encrypt transaction information, ensuring that no one can identify potential profit opportunities. Consensus nodes will process transactions fairly. Once the transaction order is determined, the threshold decryption feature is activated, requiring at least two-thirds (⅔) of consensus nodes to collaborate in decrypting the transaction and ultimately confirming the block. This function fundamentally eliminates the value extraction of users by MEV attacks.