Plain meaning
Start with the shortest useful explanation before going deeper.
A transaction sent directly to the current block producer or through a private relay rather than being broadcast through public RPC nodes, reducing the window for MEV searchers to observe and exploit it before inclusion. On Solana, private transactions can be routed through Jito's Block Engine or via staked connections with direct TPU access. While no transaction is truly private on a public blockchain once confirmed, private submission minimizes the pre-inclusion observation window.