Elektrik’s Solution to Onchain Iceberg Order Challenges

Elektrik’s Solution to Onchain Iceberg Order Challenges

1
Onchain Iceberg Orders in the DeFi segment sizable trades into multiple smaller deals to maintain trader anonymity and minimize market disturbances.
2
The presence of centralized middlemen introduces risks to privacy and opens the door for potential front-running, compromising the secure processing of on-chain iceberg orders.
3
By leveraging encrypted private mempools, a secure, confidential, and decentralized handling of iceberg orders is achieved.
4
Elektrik integrates Fairblock’s SDK to bypass centralized go-betweens in iceberg orders, merging block identifiers with public keys to bolster transaction safety.
Blockchain technology has invented new ways of how financial operations can be performed and by changing the landscape permanently, it has also brought some new challenges. One such challenge in DeFi is the execution of on-chain iceberg orders. Elektrik, a next-gen DEX, offers a solution to this problem using ad

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We współpracy z: https://www.thecoinrepublic.com/2023/10/25/elektriks-solution-to-onchain-iceberg-order-challenges/

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