The MEV-less module is developed as part of our Versechain to resist MEV (Miner Extractable Value) attacks, aiming to enhance the chain's security and prevent MEV exploitation.
Versechain Verse builds a modular infrastructure and economic layer for on-chain games with CairoVM and EVM compatibility.
Crypto games, especially fully on-chain games, are vulnerable to MEV attacks. In these attacks, miners can reorder, include, or exclude transactions within a block to their advantage, potentially exploiting players' game actions.
Versechain's Solution: Transaction Hash Submission: Users first send the transaction hash (TxHash) to Verse with a small advance payment (to prevent DOS attacks). Sorting and Broadcasting: Verse sorts these transaction hashes and broadcasts the packaging and execution order of the transactions to the entire network. Transaction Completion: Users then send the specific transaction content to Verse, along with a signature that matches the previously broadcasted order. This step completes the transaction with the necessary details.
By using this approach, we ensure that the transaction order is predetermined and publicly known before the actual content is revealed. This prevents miners from exploiting the transaction content through MEV attacks, thus enhancing the fairness and security of gaming on our Verse chain.