How Tolerance Cryptography Helps With MEV

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The main thing that we actually are is for us, it's like, what is the security budget here? Right? Maybe it'll cost $10 million. You hire a team of 10 top notch engineers or like researchers and you know, give them a year, they could probably break it,. But MUB is so much more than $10 million right now. I have a feeling breaking SGX might be a bit more expensive. It depends on me and my break, right? Because there are, what you need is just you can get the key out of one and we see like or take one to be able to do whatever you want. Like you just need to break one SGX

This week, Anna and Tarun chat with Sunny Aggarwal and Dev Ojha about their new project Osmosis, an AMM built into the Cosmos ecosystem using the IBC interoperability protocol.

Osmosis brings some interesting innovations to the AMM table, starting from the seamless IBC integration to customizable bonding curves and per-pool governance to promote experimentation. Sunny and Dev are also very passionate about the topic of MEV, diving into the various types of value extraction, how MEV is mitigated on other networks and how it could be largely eliminated on Osmosis through threshold cryptography.

Here are some links for this episode:

Anoma’s Adrian Brink on Validity Predicates, Ferveo DKG & More, Zero Knowledge Episode 184
CowSwap & DAO Tech with Gnosis’s Martin Köppelmann, Zero Knowledge Episode 183
Arkworks SNARK libraries with Pratyush Mishra, Zero Knowledge Episode 169
Threshold Decryption for mempool privacy with Dev Ojha, the ZKV event where Dev spoke earlier.
Flashbots with Phil Daian and Stephane Gosselin, Zero Knowledge Episode 168
General intro to Osmosis.

ZK Validator now supports OSMO staking delegation, so if you’re interested in supporting the network check out the info here: https://zkvalidator.com/osmosis

Thanks to this week’s sponsor, Least Authority!

Least Authority will soon be releasing a whitepaper on ZKAPs – Zero-Knowledge Access Passes. ZKAPs is an anonymous, token-based authorization protocol that facilitates an online exchange of value while disconnecting the necessary payment data from the day-to-day usage service data of customers.

If you'd like to be notified of the ZKAPs whitepaper and the latest security research projects, sign up for their monthly newsletter at https://leastauthority.com/newsletter/

If you like what we do:
Subscribe to our podcast newsletter to not miss any event!

Follow us on Twitter - @zeroknowledgefm
Join us on Telegram
Catch us on Youtube
Read up on the r/ZKPodcast subreddit
Give us feedback! -https://forms.gle/iKMSrVtcAn6BByH6A
Support our Gitcoin Grant
Support us on the ZKPatreon
Donate through coinbase.commerce

Or directly here:
ETH: 0xC0FFEE1B5083230a5154F55f253B6b6ae8F29B1a
BTC: 1cafekGa3podM4fBxPSQc6RCEXQNTK8Zz
ZEC: t1R2bujRF3Hzte9ALHpMJvY8t5kb9ut9SpQ
DOT: 14zPzb7ihiBeaUn9jdPW9cHKGBd9qtTuJE75hhW2CvzLh6rT