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Private, Anonymous, Collateralizable Commitments vs. MEV
March 25, 2024, 4:11 a.m. | Conor McMenamin, Vanesa Daza, Xavier Salleras
cs.CR updates on arXiv.org arxiv.org
Abstract: In this work, we introduce the private, anonymous, collateralizable commitments (PACCs) framework. PACCs allow any smart contract wallet holder to collateralize a claim, request, or commitment in general, in a private and anonymous manner. PACCs can prove arbitrarily much or little about the wallet generating the commitment, and/or the transaction which is being committed. We demonstrate that PACCs can be applied to effectively eliminate maximal-extractable value (MEV) in DeFi where it currently occurs, shifting MEV …
anonymous arxiv can claim contract cs.cr framework general mev private prove request smart smart contract wallet work
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