The co -founder of Binance Changpeng “CZ” Zhao has suggested creating a permanent non -group exchange for the dark group to prevent market treatment.
On June 1 x mail“He was always confused that everyone could see your orders in the actual time on DeX,” Zhao said.
“The problem is worse on Perp Dex, where there is a filter,” he said.
“If you are looking for a billion dollar buying, you do not generally want others to notice your request until it is completed,” Zhao added. This is the prevention of robot attacks in the forehead and extractable extract (MEV), which leads to increased slip, worse prices and high costs.
His comments follow the liquidation of approximately $ 100 million on the long Bitcoin sites on Hyperlivriid, according to what was held by a merchant known as James Wynn. The event, which occurred after bitcoin decreased less than $ 105,000, Ignite X allegations that some users have coordinated “Hunt” to liquidate Wynn.
X user Claim Justin Sun, co -founder of Tron, has shown interest in participation, but the claim is still unconfirmed. He also went further Call Eric Trump, son of US President Donald Trump, to the group.
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What are the dark swimming pools?
Zhao said, “The adult merchants in Tadfi are using dark bathrooms, which are often 10 times the transparent traditional gatherings,” Zhao said. Dark swimming pools are private commercial places where large requests are hidden from the general offer even after their implementation.
This prevents fronts, slip and Mev attacks by hiding the volume of demand, price and intention. However, the implementation of decentralized dark gatherings requires complex systems, such as Zk-PROBLing or late settlement mechanisms.
“The primary challenge in building PEPD Dex, similar to the swimming pool, achieves both privacy and verification,” Maria Carola, CEO of Estant Exchange Stealthex, told CointeleGraph. She noted that the ZK-PROBLARIRINS and the matching of encrypted requests are promising methods of development. She added:
“I think a tangible approach is to take advantage of the ZK-Snarks or ZK-Starks to check the implementation of trade and settlement without revealing trade details.”
Obstacles are not only a technique by nature. “The launch of a dark pool on Onchain, especially for the permanent, is entering a complex organizational scene.”
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Commercial privacy is crucial for derivatives
Zhao has argued that privacy is especially important in the markets of derivatives. He said that the general vision of the liquidation levels exposes adult merchants to coordinated attacks that can force the early liquidation:
“If others can see your filtering point, they may try to pay the market to liquidate you. Even if you get one billion dollars, others can wander on you.”
The co -founder of Binance has admitted that there are counter -arguments for such designs, as the additional transparency of the market makers company will allow the absorption of large demands. He said this is “perhaps true.”
“I will not go into an argument right or wrong. Different traders may prefer different types of markets,” he said.
“Ostrich is a double -edged sword,” Carolla of Stealthex added, noting that it reduces the front side, but “also blocks the attempts to manipulate, especially in a blowing environment.” She said: “To address this matter, Perp Dex” Dark “she must implement adaptive risk engines and detect behavioral anomalies, perfectly with the accountability of the encryption.”
Zhao concluded by encouraging developers to launch a disgraceful exchange of an unhach gathering with permanent bares. He said this can be achieved “either by not showing the request book, or even not to display deposits in smart contracts at all, or even later.”
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