Leading Ethereum (ETH) mining pool Ethermine has released an eccentric privacy-focused feature. After this update, ETH now has the feature of anonymous transaction, so what does this mean for ETH?
Ethermine, a top-tier mining pool for Ethereum (ETH), Ethereum Classic (ETC), Ravencoin (RVN), ZCash (ZEC) and Beam (BEAM); Introduced Ethermine Private RPC Endpoint.
According to the announcement shared by the Ethermine team on their social media channels, Ethermine has now added a new feature of the “Private Remote Procedure Call Endpoint” for Ethereum (ETH).
Want to keep your dex trades away from the public mempool?👀
We are proud to announce the Ethermine Private RPC endpoint.🥳
Simply add the RPC to your Metamask & send your transaction privately to our mining nodes, bypassing the public mempool!
👉https://t.co/hXnSDt2Xqc pic.twitter.com/F4zaoGCgL9
— Ethermine (@ethermine_org) September 30, 2021
With this functionality enabled, an Ethereum (ETH) user can now send transactions to Ethermine without making them public in the public mempool. Thus, key investors can increase the privacy and security of their strategies and activities. Ethermine’s Private RPC Endpoint has been implemented on the mainstream Ethereum (ETH) wallet Metamask
To send a transaction with the new method, the user simply selects “Custom RPC” in Metamask and sets Ethermine’s data endpoint.
Mining Pools Under Attack as Chinese Government Intensifies Pressure
Due to pressures in China, these “private” transactions are expected to be included in the first block mined by Ethermine. However, if there is an “uncle block” for this particular transaction, it will leak back into the public mempool. Currently, the risk of such a leak is known to be below 5%.