• Transactions in Ethereum can now be sent privately. This Is What It Means

  • Ethermine, a top-tier mining pool for Ethereum (ETH), Ethereum Classic (ETC), Ravencoin (RVN), ZCash (ZEC), and Beam (BEAM), has announced the launch of the Ethermine Private RPC Endpoint.

    Sending Ethers without letting anyone know

    A novel feature of Private Remote Procedure Call Endpoint for Ethereum (ETH) mainnet has been added to Ethermine’s toolkit, according to an official announcement shared on the Ethermine team’s social media channels.

    When this feature is enabled, an Ethereum (ETH) user can send transactions directly to Ethermine nodes without exposing them to the public mempool.

    As a result, sophisticated traders can improve the privacy and security of their strategies and operations. The Private RPC Endpoint of Ethermine has already been integrated into the popular Ethereum (ETH) wallet Metamask.

    To send a transaction using the novel method, a user should use Metamask and configure Ethermine’s data endpoint.

    Mining pools are under attack as China tightens its grip.

    As a result, “private” transactions will be included in the Ethermine pool’s first block. If it is a “uncle block” for this specific transaction, it will leak back into the public mempool. Currently, the risk of such a leak is less than 5%.

    As previously reported by ULTCOIN365, the largest Ethereum mining pool, Sparkpool, has been forced to suspend all services for Chinese clients as yet another wave of governmental witchhunts gathers steam.

    F2Pool, a popular Bitcoin (BTC) mining pool, was also forced to halt all operations for Chinese clients.

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