Trezor Suite launches Mev protection: more no fear of bots!

Trezor, a cult company and a pioneer of hardware wallets since 2013, just took a new step in protecting their users. In addition to the offer of safer wallets, the company has launched a new feature in the Trezor Suite software interface: Mev protection (maximum mining). This service is aimed at protecting transactions in Ethereum, BNB Chain and Base blockchains from malefactors manipulation. We explain!

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To evaluate the scale of progress offered by Trezor, you need to understand what MEV is (maximum extraction value).

MEV concerns the profit that validators can obtain by manipulating the order, switching on or exclusion of transactions in blockchain blocks. This is due to the fact that when you sign the transaction, it is not checked immediately . Initially, it is sent to a public space called “Mempool”, where all transactions that are expected for consideration are grouped. The validators then choose from it those who are most interested in inclusion in the block.

But instead of just picking those that bring them the highest profit (with high tariffs for gasoline), Some have found some dishonest ways to make a profit on them. Their goal? Earn more and more. The methods are varied, but always harmful to the average user. Here are the most common manipulations they use:

• Frontal selling : placement of the agreement before the target agreement (for example, the sale of expensive token to the target agreement);

• Reverse performance : placement of the agreement after the target agreement (for example, to use the creation of a new pool of liquidity);

• Sandwiching : a combination of frontal and reverse warrant (for example, if the bot noticed a large warrant for the purchase of a token, it places an agreement to buy just before it (raising the price) and the sale agreement immediately after it (using artificial growth), thus intercepting the victim’s agreement, which receives a much less favorable price).

Thus, MEV creates a fundamental problem of security and justice. Moreover, according to Flashbots, Mev is the biggest problem that limits the scale of blockchain. It was in this context that Trezor integrated protection against these predatory practices into his package.

How does Mev’s defense work: Invisibility that saves life

Trezor just added a new safety event to their wallets

The decision proposed by Trezor Suite thanks to partnership with Merkle.io is at the same time effective and practical . It is based on a simple principle: if the transaction is not reflected in the public membrane, it cannot be attacked. Thus, Trezor directs user transactions through a private and safe channel directly to the proven validators. This process is completely invisible to the user, undermines the possibilities of booths.

The great advantage of this realization Trezor is complete absence of obstacles . No complex configuration is required. When the user initiates swap or transfer of funds to the supported blockchain (Ethereum, BNB Chain and Base), anti-mEV protection is automatically activated. Specifically it means:

• Sliding: Avoiding a sandwich attack, users get a price that is much closer to the one they saw during the start of trade;

• Significant decrease in the number of unsuccessful transactions: Transactions are no longer amenable to malicious competition, which significantly reduces the risk of failed completion and loss of fuel commissions.

• Predictable and fair experience: The transaction result again becomes predictable, as it should be in a reliable financial system.

A holistic vision of user safety For Trezor, this function is not just a technical improvement, but a specific expression of its fundamental philosophy. Since its creation, the company has consistently promotes self -control and financial sovereignty. However, this sovereignty would be incomplete if the user remained vulnerable during the active use of their funds. Mev protection fills this gap. It expands the safety of popular brand hardware wallets (which protect closed keys) to a dynamic and risky phase of interaction with decentralized applications (defi).

Don’t use hardware wallet yet? Check out Trezor’s proposals. The safety of your cryptocurrency is not what you should treat!

Source: Journalducoin.com