Ethereum researchers have introduced a new encrypted mempool Ethereum Improvement Proposal (EIP) aimed at enhancing the network's resistance to Maximal Extractable Value (MEV) and censorship. This proposal suggests implementing a protocol-level encrypted mempool, which would allow users to submit transactions that remain hidden until they are included in a block. The system supports various decryption key schemes and is compatible with existing plaintext transactions.
The proposed EIP aligns with Ethereum's ongoing development roadmap, including initiatives like ePBS, and seeks to address challenges such as sandwich attacks and builder centralization. By improving transaction privacy and decentralization, the proposal aims to strengthen Ethereum's overall network security and user experience.
Ethereum Proposes Encrypted Mempool EIP to Boost MEV and Censorship Resistance
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