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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.

Prove It: Shared Provers, Proof Aggregation & Prover Marketplaces
By
Anil Lulla•
zk proofs boost application scalability but their generation can be costly and slow, and while zk rollups present a solution, they can lead to centralization and liveness issues. We explored the alternatives that emerged to solve this: prover markets to decentralize proofs, and proof aggregation to reduce costs

ZK (Validity) Rollups: Entering the General Purpose Era
By
Anil Lulla•
While the privacy benefits of ZKPs are clear, the scaling benefits may be less so. So what is their purpose in blockchains?

L1 vs L2: Entering The Endgame
By
Anil Lulla•
Introduction On-chain activity is taking off at warp speed, and with it so is demand for blockspace. While Ethereum’s blocks […]
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