@shutter
Encrypted Mempools vs Private RPCs
Why it's time to end the status quo on Ethereum and finally tackle toxic MEV at the source 👇
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Encrypted mempools: temporarily encrypts your transactions, hiding its contents for everyone, making front-running nearly impossible
VS
Private RPCs: your transactions aren't on the public mempool, but they're visible to trusted 3rd parties who you hope won't leak your transaction
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Encrypted mempools: real-time censorship protection, preventing anyone from selectively blocking your trades
VS
Private RPCs: no additional protection
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Encrypted mempools: breaks the dominance private RPCs hold on toxic MEV protection, giving wallets and users another option
Private RPCs: wants to remain entrenched with little competition
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Encrypted mempools: aims to make Ethereum's public mempool usable again, keeping orderflow public and permissionless
VS
Private RPCs: concentrates orderflow to a few operators
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Encrypted mempools: helps smaller builders compete
VS
Private RPCs: reinforces the dominance of big builders
https://x.com/ShutterNetwork/status/2026677777358008349
🤝 The LUCID Encrypted Mempool EIP is now being debated for Ethereum's next upgrade, Hegotá
Share this post, and let others know that you want the LUCID EIP integrated on Ethereum
Encrypt the mempool!