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
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