Ethereum Researchers Challenge LUCID Encrypted Mempool Design

A new critique argues that encryption-scheme-agnostic mempool proposals overstate their protection against the worst forms of transaction front-running.

A new post on Ethereum Research critiques Ethereum Improvement Proposal 8184 (EIP-8184), known as LUCID, a recent proposal for an encrypted mempool. Encrypted mempools aim to hide pending transactions until they are committed, protecting us…