Fairblock: Update for community

Fairblock: Update for community image 2000×1000 104 KB We’ve been fortunate to start our journey in the Cosmos ecosystem which has proven to be an ideal ecosystem for the most innovative ideas in the industry. We really appreciate the endless support from all teams in the Cosmos ecosystem since the announcement of Prop 72. We would love to share some updates with the community about Fairblock during the last six months: What’s Fairblock? Fairblock’s current focus is bringing “pre-execution privacy” to the Cosmos ecosystem (and other ecosystems in the future) for enabling more innovative applications which were previously limited and protecting users from on-chain exploits. We are using advanced cryptography schemes (distributed identity-based encryption, DKG, MPC, ZK) to encrypt transactions in the front-end of applications and decrypt them in a decentralized way after the finalization of inclusion and ordering of transactions in participating Cosmos chains. This can enable applications such as sealed-bid auctions, private governance, private trading, encrypted sequencing, and randomness generation and also protect users from bad-MEV and front-running strategies.…

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