Cheap, Anonymous Vickrey Auctions on-chain
Intro to vickrey.xyz Thanks to an idea from @0xngmi, a team of @real_philogy, @outdoteth, and me recently prototyped the first maximally private Vickrey auctions on-chain (also shoutout to @0x_Beans and @rauchp_ for some additional analysis and help). Unlike past implementations of Vickrey auctions on-chain, vickrey.xyz leverages uninitialized CREATE2 addresses to not only conceal the size of bids, but their existence (more precisely, their association). This is unlike existing implementations, which only hide the amount, but disclose the other bidders’ identities and their maximum possible bids.
Nov 15, 2022 crypto Intro to vickrey.xyz Thanks to an idea from @0xngmi , a team of @real_philogy , @outdoteth , and me recently prototyped the first maximally private Vickrey auctions on-chain [ repo here ] (also shoutout to @0x_Beans and @rauchp_ for some additional analysis and help). Unlike past implementations of Vickrey auctions on-chain, vickrey.xyz leverages uninitialized CREATE2 addresses to not only conceal the size of bids, but their existence (more precisely, their association). This is unlike existing implementations, which only hide the amount, but disclose the other bidders’ ide
saved by
related reading
- Vickrey auction - Wikipediaen.wikipedia.org
- The MPC-ZKP Architecture | Renegadedocs.renegade.fi
- 20251202_haupt_hitzig_cp.pdfstatic1.squarespace.com
- GitHub - stealthdrop/stealthdrop: Anonymous Airdrops using ZK-SNARKsgithub.com
- [1904.05234] Flash Boys 2.0: Frontrunning, Transaction Reordering, and Consensus Instability in Decentralized Exchangesarxiv.org
- Censorship Resistance in On-Chain Auctionsarxiv.org
- Credible, Optimal Auctions via Public Broadcastarxiv.org
- Game-theoretic Model for MEV-boost Auctions (MMA) 🥊 - Economics - Ethereum Researchethresear.ch
- Priority Is All You Need - Paradigmparadigm.xyz
- Leaderless Auctionsparadigm.xyz
- Cross-Chain Order Flow Auctions – Variantvariant.fund
- Approaches to MEV: Ethereum vs Cosmos | Reveriereverie.ooo