Neo will release MEV-resistant EVM-compatible sidechains by the end of the year

On October 27th, Neo founder Da Hongfei announced at the Neo Asia-Pacific Hackathon Hong Kong Finals that Neo is creating a sidechain that can resist Miner Extractable Value (MEV) attacks and is compatible with the Ethereum Virtual Machine (EVM). The new sidechain will inherit the NeoN3 economic model and dBFT consensus mechanism, while also having the feature of resisting malicious MEV attacks. The sidechain is currently under development and is expected to be released by the end of 2023.