Mempool confidentiality refers to the privacy properties surrounding transactions awaiting inclusion in a blockchain block, specifically regarding their content or order. It concerns preventing front-running or transaction manipulation by malicious actors observing the public mempool. This aims to protect users from predatory trading practices. Achieving it is a goal for many protocols.
Context
In decentralized finance, mempool confidentiality is a critical discussion point for mitigating Maximal Extractable Value (MEV) attacks and ensuring fair transaction ordering. News reports on new privacy-enhancing technologies often address their ability to improve mempool security. Protocols are developing mechanisms to obscure transaction details or randomize ordering to bolster user protection.
This research introduces Batched Identity-Based Encryption, a novel primitive enabling selective transaction decryption to advance blockchain mempool privacy and efficiency.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
