
MON · 2026-11-14 23:33 UTC
The Big Four blockchain properties
The article argues that a blockchain should meet four properties: MEV-resistance, scalability, quantum-resistance, and privacy, which it calls the 'Big Four'. It says these expectations are ordinary in traditional finance, such as prohibitions on front-running and not requiring customers to publish their accounts to make payments. On MEV-resistance, it describes encrypted mempools with threshold decryption, where validators release decryption shares only after the block is finalized, so transaction order is fixed before execution.
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