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Example for a private OFA application #4

Merged
merged 9 commits into from
Nov 17, 2023
Merged

Example for a private OFA application #4

merged 9 commits into from
Nov 17, 2023

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ferranbt
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@dmarzzz dmarzzz left a comment

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LSTM - maybe we should make some distinction for local vs testnet versions since we don't need to do the funding portion of testnet version


This example features an [Order-flow-auction](https://collective.flashbots.net/t/order-flow-auctions-and-centralisation-ii-order-flow-auctions/284) application based on the [mev-share](https://github.com/flashbots/mev-share) protocol specification.

User transactions are stored in the confidential datastore and only a small hint it is leaked outside the Kettle. Then, searchers bid in an order-flow auction for the right to execute against users’ private transactions.
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"User transactions are stored in the Confidential Data Store. Whatever users chose to leak (i.e. the "to" address of their transaction, and/or all calldata) is emitted on chain as the "hint". Then, searchers bid in an order-flow auction for the right to execute against users’ confidential transactions."

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@ferranbt ferranbt merged commit 2c17a27 into main Nov 17, 2023
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@ferranbt ferranbt deleted the mev-share branch November 17, 2023 05:59
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4 participants