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Auctions with Kshitij Kulkarni, Matheus V. X. Ferreira and Tarun

Zero Knowledge

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Is There a Tradeoff Between Public and Private?

The idea that posting the non-malleable commitments publicly on a blockchain reduces the set of possible bad actions the auctioneer can take is quite surprising. It says that like the auctioneer, you reduce it so much that the bidders can have wilder bidding strategies. So it's like sort of a tradeoff between the strategy space by forcing people to post commitments publicly and public posting mediates how much power is on each side in some way. The work you're describing there, it's entitled, I'm just going to say it for the listener, credible optimal auctions via blockchains.

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