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Shutter Network Community Update - December 2024

Shutter Network Community Update - December 2024

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.

ShutterTEE: Layered Security via Meshing Threshold Cryptography and State-Of-The-Art TEE
ShutterTEE tackles the challenges of secure computation and decentralization through a layered security approach.

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.

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.

Community

Updates regarding community events, initiatives, and developments from December 2024.

Better MPC: Addressing the Threshold Trust Assumption in Refreshing New Ways

Ethereum Cypherpunk Congress Aftermovie

MEV Space: An Offer Builders Can't Refuse: The Searcher Integration Saga

How to minimize centralization risks while enhancing cryptographic resilience?

2024privacyproof awards to @bezzenberger x @ShutterNetwork

The Retro Rewards are back!

Big milestone for fairness and decentralization: @NethermindEth's v1.30.0 now supports Shutter's Shielded Trading on @GnosisChain!

Gnosis Year in Review: Technical Milestones

What is your 🔥 take on MEV?

MEV = Bad?

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.

Initial Payment Request: AI-Agent MEV and Transaction Ordering Simulator (Isotropic Solutions)
We intend to post this proposal to Decent on Monday December 23, 2024. Summary: Subsequent to a previous Snapshot approval by the DAO to initiate this project, we are requesting $10,000 USDC for project initiation. While projects typically raise funds upfront, we opted to ensure smooth early progress before requesting payment. With significant progress already achieved, this installment will cover the costs of starting the project. Additional payments will follow upon delivery of Phase 1 and P…
Proposal: [onchain] Deposit $2.3m USDC from the Shutter DAO 0x36 treasury into the Avantgarde DeFi Yield Vault
Proposal Title Author(s) Phase Type Date Created Deposit $2.3m USDC from the Shutter DAO 0x36 treasury into the Avantgarde DeFi Yield Vault Avantgarde Finance II Fractal onchain 15 December 2024 Deposit $2.3m USDC from the Shutter DAO 0x36 treasury into the Avantgarde DeFi Yield Vault Proposal Proposal to deposit $2.3m USDC from the Shutter DAO 0x36 treasury into the Avantgarde DeFi Yield Vault on Enzyme, which is a mirror of the Avantgarde DeFi Yield Fund, currently yielding around…

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

https://snapshot.box/#/s:shutterdao0x36.eth/proposal/0x63571e343cddc8fc6c11228e7fb7aeef77e7cd211fa482d5107d5413d6c213b9

[RFC] Governance Guardians Trial - The Shutter Knights

https://snapshot.box/#/s:shutterdao0x36.eth/proposal/0x2fd13f52d8a77063fcb5f870eb92abac31b4c9f972685bb7c535578003d87f67

Avantgarde Finance to Support Treasury Management for Shutter DAO 0x36

https://snapshot.box/#/s:shutterdao0x36.eth/proposal/0x9181b434949c18bbb6baaecd3534b581b379c118d6a71a17a33c211a72a83816

Finalize Extension of ShutterDAO 0x36's Keyper Set

Decent
Decent enables transparent, accountable governance that evolves as fast as you do.

More Coming Soon!

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