Ethereum Transactions Can Now Be Sent Privately. Here’s What This Means

Leading Ethereum (ETH) mining pool, Ethermine, releases an eccentric privacy-focused feature

Ethermine, a leading mining pool for Ethereum (ETH), Ethereum Classic (ETC), Ravencoin (RVN), ZCash (ZEC) and Beam (BEAM), has unveiled Ethermine Private RPC Endpoint.

Sending Ethers without anyone knowing

According to the official announcement by the Ethermine team shared in its social media channels, a novel feature of Private Remote Procedure Call Endpoint for Ethereum (ETH) mainnet has been added to Ethermine’s toolkit.

With this feature enabled, an Ethereum (ETH) user can send transactions directly to Ethermine nodes without having exposed them to the public mempool.

Thus, sophisticated traders can improve the privacy and security of their strategies and activity. Ethermine’s private RPC endpoint has already been implemented in the Metamask consumer Ethereum (ETH) wallet.

To send a transaction via the novel method, a user should choose “Custom RPC” in Metamask and set up Ethermine’s data endpoint.

Mining deposits attacked as China intensifies crackdown

Thus, “private” transactions will be included in the first block mined by the Ethermine pool. However, should it be an “uncle block” for this particular transaction, it will leak back into the public mempool. Currently, the risk of such a leak does not exceed 5%.

As previously covered by U.Today, Sparkpool, Ethereum’s largest mining pool, has been forced to shut down all services for Chinese customers as another wave of government witch hunts gains momentum.

Popular Bitcoin (BTC) mining pool F2Pool was also forced to seize all operations for Chinese clients.

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