Shutter Network launches the Ether mempool encryption plan on the ETH network

ChainCatcher message, Shutter Network collaborates with Block infrastructure provider Chainbound, MEV Blocker, Gnosis, and Nethermind to announce a practical roadmap today, planning to introduce the first encryption transaction pool for Ethereum to bring privacy protection and fairness to the network. The proposal outlines a clear path to change the way transactions are processed, ensuring that all transactions are treated fairly while maintaining the core principles of verifiability and decentralization of the Ethereum network. Shutter Network proposes an encryption transaction pool (encrypted mempool) that allows transactions to remain private before being processed formally. The proposal of Shutter Network has put forward three phases to introduce the encryption transaction pool into Ethereum:

Integrated with existing infrastructure, allowing users to trade using encryption Enhance protection measures by improving Block building Fully integrated into the core Ethereum protocol

Shutter Network’s core contributor and brainbot CEO Heiko Franßen said, ‘Current transactions are visible to everyone before execution, which makes unfair trading possible. We are creating a system to ensure that transactions are only disclosed at the right time, providing a fair competitive environment for all network users.’