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Episode 243: Dive Back into MEV with Alex Stokes and Chris Hager

Zero Knowledge

What's the Difference Between a Threshold Encryption and an Auction?

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I generally think any claim that you have a clear reduction mechanism should be assumed to be false because it kind of assumes that the entire system is exactly the same like mutatus and I don't know my Latin well enough to remember the exact phrase. The question is we don't even have the basic lingua fraca mathematically to compare what's the difference between me giving you prices versus you bidding in an auction for these types of things. Until you have that you can't even really say like hey we're doing any reduction because we haven't proven that the mechanism changing mechanisms has any economic impact.

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