Gabozago
Proving an algorithm was ran fairly, without revealing what the algorithm actually is. This is the first implementation of ZK Mechanisms, a new cryptographic construction from a reserch paper in 2023.
Created on 4th June 2023
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Gabozago
Proving an algorithm was ran fairly, without revealing what the algorithm actually is. This is the first implementation of ZK Mechanisms, a new cryptographic construction from a reserch paper in 2023.
The problem Gabozago solves
Our project solves a fundamental misalignment of incentives between the need for transparency to foster trust, and the need for secrecy to protect sensitive information. For example, tech companies need to gain trust from users that they are following appropriate data protection, content moderation procedures and etc., while not exposing their algorithmic process for it is their proprietary rights and trade secret.
In this specific demo using an art auction, the misalignment of incentives would look like:
- What if potential buyers want to be sure that the auction process is fair—that the seller won't accept a lower bid from a favored buyer, for instance?
- Buyers might not want to reveal their maximum willingness to pay for an item, for fear of being taken advantage of in future auctions.
- Sellers might not want to reveal their reserve price or the details of how they are running the auction, as this could be commercially sensitive information.
Challenges we ran into
A very high level of advanced level of cryptography was demanded to make Gabozago come true. Challenges were solved with a lot of effort.
Tracks Applied (5)
Impact Application
Most innovative dApps on Gnosis Chain
GnosisChain
Develop Near dApps specialized for Mass Adoption
NEAR Protocol
Criteria
Filecoin
Best New Subgraph & Best Use Of Existing Subgraphs
The Graph
Technologies used
Discussion
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