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Diving Into Dark Pools
By
Anil Lulla•
CEX volume is, on average, 10 times higher than DEXs. Is this just because of a better UI? We think there is more to it. Making financial moves in open, transparent blockchains is not free of consequence. Institutions and individuals alike prefer to keep their dealings private. This pain point is not new to crypto. In TradFi, we’ve had private financial systems such as dark pools that have existed since the 1960s.
In this report, we dive into dark pools and how they preserve trader and order privacy before execution and after settlement. We look at how dark pools leverage different PETs (Privacy Enhancing Technologies) such as ZK FHE, MPC, and TEE to accomplish their purpose.

A Look At Dispute Resolution Protocols in Optimistic Rollups
By
Anil Lulla•
The report discusses dispute resolution mechanisms in optimistic rollups, focusing on Arbitrum's new protocol called Bounded Liquidity Delay (BoLD). It contrasts centralized and decentralized systems, highlighting that decentralized systems depend on multiple entities for consensus, leading to potential disputes. BoLD is designed to counter attacks such as delay, economic, and censorship attacks while being permissionless.
The report outlines the dispute resolution process, which involves proposers posting assertions that challengers can contest during a challenge period. It compares Arbitrum's method to those of other optimistic rollups like Optimism, Cartesi, and Fuel, detailing their differing approaches to resolving disputes. Compliance with set timelines and financial stakes is emphasized as crucial to deter malicious activities.
The report concludes that all dispute resolution protocols are still under development, with ongoing research aimed at improving their resilience against various attack vectors.

Getting a BIT Mantle
By
Anil Lulla•
Mantle Network positions itself as a modular L2 that brings together features like modular data availability, MPC, and decentralized sequencers to achieve high scalability and improved user experience. Its distinctive incorporation of EigenDA promises a reduction in gas fees by as much as 70%, providing significant cost benefits to end users.

The Year Ahead for Infrastructure
By
Anil Lulla•
A popular takeaway regarding the FTX drama has been that this was not a DeFi problem, but a TradFi one. It’s absolutely true that custody risks apply to CEXs and not DeFi. Yet, given the size of the collapse, we find it important to ask why, despite all their inherent custodial risks, CEXs continue to attract capital at such higher orders of magnitude.

Was Optimism's Airdrop a Success?
By
Anil Lulla•
L2s Got Room to Grow: Optimism’s Growth Stats Optimism garnered quite a bit of attention recently due to the popularity […]

The Complete Guide to Rollups
By
Anil Lulla•
The ultimate deep dive on every rollup stack possible across Ethereum and Celestia. This includes incredibly detailed technical and economic breakdowns.
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