BITE Protocol Whitepaper Released: A Consensus-Layer Solution to MEV
BITE Protocol Whitepaper Released: A Consensus-Layer Solution to MEV
🔐 MEV's Cryptographic Kryptonite
The BITE (Blockchain Integrated Threshold Encryption) Protocol whitepaper has been released, introducing a novel approach to eliminate MEV (Maximal Extractable Value) attacks that have cost users nearly $2B since 2020.
Key features:
- Implements threshold encryption at consensus layer
- Encrypts transactions before mempool entry
- Decryption occurs only after finalization
- No reliance on secondary networks
The protocol's roadmap includes: 1. Transaction encryption 2. Smart contract data protection 3. Selective disclosure capabilities 4. Fully homomorphic encryption integration
Read the whitepaper: BITE Protocol Whitepaper
Thirdweb Calls x402 the Universal Standard for Internet Payments
**Thirdweb's Joe defines x402 as the universal standard for internet payments** in SKALE School Episode 7. The session covered: - **Pay-per-use model shift** from traditional subscriptions - **Building payment rails** for autonomous AI agents - **x402 implementation** using HTTP 402 status codes Key benefits include: - Instant micropayments for API calls, data, and services - **Gasless transactions** on SKALE's zero-fee network - **Agent-friendly payments** without wallet complexity [Read the full recap](http://skale.space/blog/skale-school-episode-6-thirdweb---recap-copy)
🚗 Roads Get Smarter
**LETST0P launches on SKALE Network**, bringing smart driving rewards to the blockchain. The app incentivizes safe driving with **zero gas fees** and real rewards: - **1M+ downloads** already achieved - **80M+ kilometers** tracked by users - **Global scale** deployment ready Built on SKALE's infrastructure, drivers earn rewards for safe behavior without transaction costs. The platform aims to improve road safety through blockchain-based incentives. **Key benefits:** - Zero gas fees for all transactions - Real rewards for safe driving - Proven user adoption SKALE's AppChain model provides dedicated blockchain lanes for each application, ensuring fast, traffic-free performance unlike traditional Ethereum. [Learn more about LETST0P](https://link.skale.network/LETSTOP)
🎮 Gas-Free Fundraising
**Pixpel launches on SKALE Network**, introducing gas-free fundraising for Web3 games. The platform enables game developers to: - Raise capital without transaction fees - Maintain full control over their projects - Provide trustless protection for backers Pixpel's integration with SKALE eliminates the barrier of gas fees that traditionally complicate Web3 fundraising. Developers can now focus on building games rather than worrying about transaction costs eating into their funding rounds. The platform operates on SKALE's zero-fee infrastructure, making fundraising accessible to both developers and investors. This removes a significant friction point in Web3 game development funding. [Learn more about Pixpel's fundraising solution](https://skale.space/blog/pixpel-brings-fair-and-secure-game-fundraising-to-skale)
SKALE Network Reaches 100+ Games and 48M Monthly Active Users
SKALE Network has emerged as a significant force in blockchain gaming, according to recent CoinGecko data. The network now hosts: - Over 100 active games - 48M unique active wallets (UAW) - Gas-free transaction environment The platform's success is attributed to its *invisible blockchain experience*, making Web3 gaming accessible to mainstream users. Key features include: - Zero gas fees - High throughput capacity - Seamless user experience This growth follows SKALE's strong 2024 performance, where its gaming hub Nebula saw a 1,000% year-over-year increase in daily active users.