Private transactions are now >30% of all confirmed transactions. When I wrote a post on this topic 3 months ago they were just 10%

We're heading to 100% 🫡 

The end game of the public mempool is a niche tool to provide near guaranteed censorship resistance

https://x.com/mcutler/status/1808281859463565361

/ethereum foundation | control the memes control the minds paragraph.xyz/@chaskin

Exactly. So for example flashbots protect submits transactions directly to selected builders shielding them from frontrunning searchers. Builders share limited details to facilitate inclusion allowing only backrunning

Users can also additionally opt into MEV Share, an integrated order flow auction, where the right to execute backrunning opportunities on your transaction is auctioned off and a portion of the MEV extracted is returned back to the user

If you're interested I wrote about this in depth: paragraph.xyz/@chaskin/private-transactions-where-mev-and-the-public-mempool-go-to-die

Blob apreciatoooor.
Other than crypto i'm Interested in technology, business, chess, running 

https://paragraph.xyz/@oliverk120

what are private transactions? like they're directly sent to a builder or something?

Developer 🤓 build, develop and operate Farcaster solutions @ dtech.vision also love tech, decentralization, fitness and oldschool rap 😎

private in this case meaning not revealed before being on the network. not private in the sense a user would think what they do in the tx to be private e.g. how much money they send where

Building and publishing Farcaster growth playbooks. Chief builder @percs.

Sent to a private rpc and not directly to the public mempool

People think the most recent spike was caused by metamask including a feature similar to flashbots protect called smart transactions

I like baking /goodbread and building apps on web3 protocols. DevRel @ ENS Labs. gregskril.com

People think the most recent spike was caused by metamask including a feature similar to flashbots protect called smart transactions
https://www.coindesk.com/tech/2024/05/06/popular-crypto-wallet-metamask-rolls-out-smart-transactions-to-combat-ethereum-front-running/

Different kind of privacy than I'm referring to here but am a fan of railgun and increasing that kind of privacy on ethereum

and we've complained about 21 BP back then...

The transaction broadcast is private, the transactions aren’t. 

“Privately Broadcast Ethereum Transactions”?

I can start feel sorry for jaredfromsubway ?