ETM2026-02-18_000
Encrypt The Mempool #000
2026-02-18 219 transcript lines
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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
Meeting chat6
- nixo
gonna drop off in a sec, just wanted to make sure everything was set up OK!
- Matteo
👌🏻
- Anders Elowsson
Hi
- Justin Florentine (Besu)
- Justin Florentine (Besu)
hi kev, we were just discussing how to charge for gas use that is deferred
- Justin Florentine (Besu)
bundle detection?
Key decisions
No key decisions recorded for this call.