The First Beta Release of the Shutterized Gnosis Chain Is Now Live!

Encrypted transactions are now live on the Gnosis Chain in a beta release, the first mainnet implementation of Shutter's threshold encryption for transactions, announced by the Gnosis, Nethermind and Shutter teams. The launch adds an encrypted mempool intended to protect users from malicious MEV attacks such as front running and sandwich attacks. The initial phase has a smaller set of participating validators, which leads to longer transaction inclusion times, and the initial Keyper set consists of 7 Keypers. The article also notes there are no significant consequences for misbehaving validators yet, as slashing is planned for a later phase.