The benefits of zero-knowledge for mechanism design
Since software started eating the world more than a decade ago, the scale of available information has never been greater. As a result, developers now have the opportunity to prove quite a lot of things using verifiable computing, creating succinct proofs about almost all of the world's interactions and software. However, since the possibilities are so great, we need to focus on the most practical applications, where privacy can make the biggest impact. Verifiable compute offers us two unique properties: Privacy and scalability. First, proofs can be made about computations or data without revealing anything other than the desired property. And second, the validity of truly enormous statements can be verified in seconds, making them quite useful. However, the advantages of verifiable compute are still quite abstract and technical, and suggests we address the search for concrete use cases by staying in a technical domain: mechanism design. Mechanism design is the mathematical study of de
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