Fairblock Network
Updated 70 days ago
104 Followers
Updated 70 days ago
- BUIDLs
- Grants
- Bounties
- Hackathons
- Ideas
- Live
Back Updated 70 days ago Updated 70 days agoVision
Modular and Programmable Privacy for All Cosmos Chains and L2s
Description
Fairblock is building a chain-agnostic framework that makes it easy for developers to implement privacy-preserving transactions at critical paths. We think of cryptographic schemes as different tools in a toolbox, and there is no one-size-fits-all solution when building privacy into applications. Leveraging advanced cryptographic schemes including identity-based encryption (IBE), witness encryption (WE), and fully homomorphic encryption (FHE), Fairblock is building blockchain infrastructure for programmable privacy and conditional decryption. These technologies help protect the content of transactions from bots, competitors, and other adversaries.
This can be useful for a wide range of decentralized applications where asymmetric information limits the design space, including:
- Encrypted on-chain intents (limit orders, stop-loss orders, programmable trading)
- Bad-MEV prevention
- Private governance
- Censorship-resistant shared sequencing
- On-chain gaming
- On-chain legal contracts
- Randomness generation oracles
- Privacy-preserving rollups
- Institutional conditional payment
With Fairblock, any Cosmos chain can integrate with Fairblock, which allows their users to have the option for encrypted transactions in the same frontend, and enable their developers to enjoy the unlock the wide range of applications.
To show capacities of our technology, we have already implemented three different applications that can be used by Cosmos chains:
- Private Governance module: Keeps votes private when you are voting for proposals e.g. for Cosmos Hub, and saves the ecosystem from manipulations
- Private limit orders: Stores limit orders on-chain and keeps them private until execution on chians like Osmosis.
- Randomness generation: Can be used for a wide range of applications including DeFi e.g. Injective, gaming e.g. Saga, NFT e.g. Stargaze etc
Team Information
Founders Peyman Momeni Peyman graduated with a Master’s of Computer Science in Cryptography, Security, and Privacy from the University of Waterloo. During his thesis under the supervision of Sergey Gorbunov (Founder and CEO of Axelar), he completed extensive research on applied cryptography, privacy, and blockchain Maximal Extractable Value (MEV). He has surveyed the trade-offs of harmful MEV prevention methods and published his thesis and two academic papers (one accepted and one under review) on using identity-based encryption and threshold cryptography to protect user transactions in various blockchain architectures. He also leads the R&D team of the UWaterloo Blockchain Club, and has previous industry experience in advanced cryptography, specifically Zero-Knowledge Virtual Machines (zkVMs).
Bowen You: Bowen graduated with a Master's of Mathematics in Statistics at the University of Waterloo focused on deep learning. He developed his technical expertise in blockchain by working as a quantitative researcher at e^{i} Ventures and from running his own trading and MEV bots on various L1s (Solana, Ethereum) and L2s (Optimism, Arbitrum). As a quantitative researcher, he played a vital role in incubating early-stage protocols in the Solana and Ethereum ecosystems. Working collaboratively with teams, Bowen applied his statistical and analytical skills to identify valuable insights and opportunities for these protocols. His additional accomplishments include winning multiple prizes at AI and Web3 hackathons, including ETH Denver and the Toronto AI Hackathon.
Advisors: Sergey Gorbunov (cryptography, engineering, business and operations mentorship) Co-founder and CEO of Axelar, UWaterloo Professor
Fig (strategy, technical design, business development) Co-founder and CEO of Squid Experienced in business, DeFi, blockchain infrastructure, and product strategy
Nas (tokenomics): Partner at e^{i} Ventures Experienced trader with a strong background in financial engineering
Jacob Arluck (business development, product, and strategy): Head of Strategy at Celestia, Founder and CEO of TQ Tezos Leadership expertise of financial and blockchain companies
Development Team:
Setareh Ghorshi - Security and Cryptography Engineer Setareh earned a Master's in Computer Science from the University of Waterloo. Setareh gained prior experience in cryptography and blockchain by working as a Security Engineer assessing the security of Solidity smart contracts at Quantstamp. She has also contributed to the development of multiple decentralized applications involving supply chain management, on-chain auctions, and identity and access management as part of her academic research.
Nibir Pal - Blockchain and Protocol Engineer Nibir completed his master’s from the Indian Institute of Technology, Kharagpur, in Network System Engineering. He has over three years of experience designing and developing a decentralized wagering application using the Cosmos SDK with Six Sigma Sports, and prior experience as a Research Assistant at Intel working on a 5G technology stack.
Martin Cheuk - Devops and Protocol Engineer Martin graduated with a Bachelor of Science in Computer Science from the Hong Kong Polytechnic University. He has 5 years of blockchain experience as a smart contract developer and blockchain engineer building a DEX with yield farming, an EVM trading bot, as well as NFT marketplaces and a DAO platform.
Sandy Nguyen - Full-Stack Engineer Sandy has a Bachelor of Science in Computer Science from the Asia Pacific University of Technology. He has over a decade of experience in web application development and in 2019 he transitioned to crypto, developing a substantial portfolio of decentralized applications including a bug bounty platform and P2E games for Look Labs.
Liam McDonald - Technical Business Developer Liam graduated from Loyola University Maryland with a degree in Economics and Finance. He's been working in crypto for 5 years across a number of different startups in business development, strategy and product roles. These companies include Sarson Funds (liquid crypto fund), Photon Finance (Stablecoin protocol), and most recently Movement Labs (Ethereum L2). Liam spends his free time researching and writing about the intersection of modularity, cryptography, and DeFi.
Crispz Community Manager
pememoni
@U_4c2cded853f759
Owner
Share