We are committed to keeping the community informed by providing regular updates on the latest developments and ongoing activities within the Shutter Network ecosystem. Your engagement is important to us, and we appreciate your support.
These updates will be your go-to resource for everything happening in the Shutter community. We'll highlight significant milestones, the latest proposals, and achievements from our community—all thanks to your hard work and dedication.
In this edition, we're pleased to provide a comprehensive summary of the key events and highlights from December 2024. Our goal is to keep you well-informed and up-to-date!
Blog
Here are the most recent blog posts published in December.
ShutterTEE: Layered Security via Meshing Threshold Cryptography and State-Of-The-Art TEE
A Trusted Execution Environment (TEE) is a secure area within a processor that safeguards sensitive data and operations even if the main system is compromised. In blockchain applications, TEEs are increasingly used for privacy-preserving computations, decentralized oracles, secure random number generation, and mitigating Maximal Extractable Value (MEV).
Building on this foundational concept, PolyCrypt GmbH has proposed integrating Intel SGX capabilities into the Shutter protocol through a novel approach called ShutterTEE. This innovation aims to strengthen Shutter's cryptographic backbone by leveraging SGX's secure enclaves to ensure that Keypers—the nodes managing cryptographic keys—operate transparently and securely. The current threshold encryption scheme in the Shutter protocol establishes a strong foundation by requiring trust in only a subset of Keypers to act honestly. To further enhance this security and reduce trust assumptions, a "layered security" approach can be implemented by running Keypers within TEEs.
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Shutter Network Community Update - November 2024
In this edition, we're pleased to provide a comprehensive summary of the key events and highlights from November 2024.
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Community
Updates regarding community events, initiatives, and developments from December 2024.
Better MPC: Addressing the Threshold Trust Assumption in Refreshing New Ways
Better MPC: Addressing the Threshold Trust Assumption in Refreshing New Ways https://t.co/zT3fsyEYn2
— Shutter 🛡️⚔️ (@ShutterNetwork) December 2, 2024
Let's meet the cryptography experts speaking today.
— Shutter 🛡️⚔️ (@ShutterNetwork) December 2, 2024
1/7🧵 pic.twitter.com/nbyRtSHfh2
Ethereum Cypherpunk Congress Aftermovie
Ethereum Cypherpunk Congress 🎥Aftermovie
— Web3Privacy Now (@web3privacy) December 2, 2024
Watch it now → https://t.co/SpgMLeG76W
2500+ Attendees, 51 Speakers, same values.
The wind of change is blowing through @ethereum 🌬️💨 #privacy #decentralisation #freedom pic.twitter.com/hHdc39JtFs
MEV Space: An Offer Builders Can't Refuse: The Searcher Integration Saga
💪 Less than 3 hours to go: https://t.co/7bZ08Z22WJ.
— EigenPhi HQ 🎯 Wisdom of DeFi (🔭, 🎙) 🦇🔊 (@EigenPhi) December 3, 2024
Meanwhile, announcing our next MEV Space:
An Offer Builders Can't Refuse: The Searcher Integration Saga.
Co-hosted by @blairlmarshall, MEV Solutions Architect at @0xFastLane.
Excited to have brilliant speakers:
⭐️… https://t.co/2MZrCqZ2sr pic.twitter.com/XbD96I1IbI
How to minimize centralization risks while enhancing cryptographic resilience?
How to minimize centralization risks while enhancing cryptographic resilience?@PolyCrypt_ will soon finish the 1st milestone of their grant. ShutterTEE, a mechanism that layers security via meshing threshold cryptography and state-of-the-art TEE.
— Shutter 🛡️⚔️ (@ShutterNetwork) December 5, 2024
🧵1/7https://t.co/x3BLRz6N3G
1/ What are Trusted Execution Environments (TEEs), and why are they a game-changer for secure computing? Let’s dive into this fascinating tech! 🧵👇
— PolyCrypt (@PolyCrypt_) December 11, 2024
2024privacyproof awards to @bezzenberger x @ShutterNetwork
+1 to #2024privacyproof awards from @bezzenberger x @ShutterNetwork
— Web3Privacy Now (@web3privacy) December 10, 2024
Favourite pro-privacy project of 2024: @ollama
Major news or event:
- TEE GPUs becoming viable faster than initially thought - OFAC overstepping their mandate in @TornadoCash case https://t.co/vPL0uhTtbQ… pic.twitter.com/VOspzGUTSy
The Retro Rewards are back!
— Shutter 🛡️⚔️ (@ShutterNetwork) December 11, 2024
Big milestone for fairness and decentralization: @NethermindEth's v1.30.0 now supports Shutter's Shielded Trading on @GnosisChain!
Big milestone for fairness and decentralization: @NethermindEth's v1.30.0 now supports Shutter's Shielded Trading on @GnosisChain! 🛡️⚔️ https://t.co/az8YyNj7A2
— Shutter 🛡️⚔️ (@ShutterNetwork) December 11, 2024
Milestone Achieved: Shielded Trading on @GnosisChain is now available to all @NethermindEth validators!
— Shutter 🛡️⚔️ (@ShutterNetwork) December 13, 2024
🧵1/6 pic.twitter.com/anSk65F1Vb
Our partnership with @ShutterNetwork introduces a revolutionary feature to @gnosischain: a protected transaction system that shields users from malicious #MEV attacks.
— Nethermind (@NethermindEth) December 16, 2024
See more on shutterized transactions here: https://t.co/2UNkKx9ObY https://t.co/e5oWh96R1i
Join us Dec 17, 9AM CET for a livestream on X/Twitter!
— Shutter 🛡️⚔️ (@ShutterNetwork) December 13, 2024
Shielded Trading on @GnosisChain is now on @NethermindEth main release—safer Tx, faster inclusion, & a step toward encrypted mempools on other chains!
Featuring @marchhill1, @filoozom, @ulope. Don’t miss it! pic.twitter.com/zdHv6whm9p
Gnosis Year in Review: Technical Milestones
Technical Milestones
— Gnosis (@GnosisDAO) December 18, 2024
• March 11: Successfully implemented Dencun upgrade ahead of Ethereum mainnet, a historic first demonstrating technical leadership
• July 11: Launched Shutterized Gnosis Chain, revolutionizing MEV protection and transaction privacy @ShutterNetwork…
What is your 🔥 take on MEV?
MEV = Bad?
What is your 🔥 take on MEV?
— Shutter 🛡️⚔️ (@ShutterNetwork) December 17, 2024
Shutter DAO 0x36 Proposals and Discussions
The following are proposals and discussions shared on the Shutter Forum, specifically intended for the members of Shutter DAO 0x36. These topics are open for review and debate, encouraging members to engage and provide their insights and feedback.
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Shutter DAO 0x36 Votes
In December 2024, the Shutter DAO 0x36 carried out several votes, shaping the organization's future direction. These votes reflected the collective decision-making process of the community members.
Conclude Grant to Artis for Market Making Services
[RFC] Governance Guardians Trial - The Shutter Knights
Avantgarde Finance to Support Treasury Management for Shutter DAO 0x36
Finalize Extension of ShutterDAO 0x36's Keyper Set
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More Coming Soon!
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