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ETM2026-02-18_000

Encrypt The Mempool #000

2026-02-18 219 transcript lines

Transcript

Call summary

Highlights
  • Lucid Design:
    • ·Gas limit set to 1/8 block for sealed transactions (was 1/4 in research) - 00:18:17
    • ·Limit ensures two payloads fit if one missing (liveness guarantee) - 00:21:11
    • ·Non-guaranteed bundling via same top-of-block fee; deterministic bundling possible later - 00:28:10
  • Organizational:
    • ·First kickoff call; focus on stabilizing EIP-8105 and Lucid specs - 00:07:18
    • ·Lucid EIP expected in a few more days - 00:22:46
  • Eip 8105 Updates:
    • ·Two-slot execution design: encrypted tx (block N) + decrypted tx (block N+1) - 00:08:47
    • ·Execution context references previous block to prevent builder communication - 00:09:55
    • ·Envelope signer reference added to prevent envelope stripping attacks - 00:10:16
    • ·EIP-8105 PR merged yesterday with all new changes - 00:12:04
  • Gas Metering Design:
    • ·Encrypted tx consumes all gas; decrypted tx consumes none - 00:12:24
    • ·Gas charged at block N prices for execution in block N+1 - 00:13:26
    • ·Builder knows next block base fee; no dangerous incentives identified - 00:17:09
Action Items
  • EIP-8105 team (Jannik) - Review gas metering approach and compare with Lucid design - 00:22:02
  • MEV researchers/analysts (call for volunteers) - Analyze real-world block data: shuffle private mempool txs to test ordering dependencies - 00:23:14
  • Justin - Open GitHub issue for next meeting agenda items - 00:31:11

Key decisions

No key decisions recorded for this call.

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