What Is Renegade?
Renegade is a private, non-custodial dark pool built on Starknet. It employs advanced cryptographic techniques to ensure user privacy in trading.
Background
Chris Bender founded Renegade Finance in 2023.
How It Works
Renegade is designed to offer traders privacy and speed. It ensures traders’ anonymity and protects their order data from both on and off-chain observers. The aim is to allow users to match and settle trades while maintaining complete confidentiality.
The platform employs multi-party computation (MPC) and zero-knowledge proofs (ZKPs) to protect user privacy. The order matching process is conducted via peer-to-peer MPC, and settlement is done via ZKPs, specifically collaborative zero-knowledge SNARKs. This ensures that no third parties can deduce information about traders’ identities, token balances, outstanding orders, or trade history.
Key Takeaways
- Renegade is a private, non-custodial dark pool built on Starknet, offering privacy and speed for traders.
- To ensure user privacy, The platform employs advanced cryptographic techniques such as multi-party computation (MPC) and zero-knowledge proofs (ZKPs).
- Traders’ anonymity and order data are protected from both on and off-chain observers.
- Order matching is conducted via peer-to-peer MPC, and settlement via ZKPs, specifically collaborative zero-knowledge SNARKs.
- No third parties can deduce information about traders’ identities, token balances, outstanding orders, or trade history.