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Author

Ruo-Ran Lai

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Preprint Sep 2026

When One Leak Pays Forever: Context Binding and the Price of Deterring Collusion

A coalition that deviates once can profit many times when what it sells keeps working. In a threshold-encrypted mempool, a leading defense against maximal extractable value (MEV), a quorum of the decryption committee that sells its decryption capability to a front-runner exposes every later block that the capability st...

Ting-Yi Lin, Shawn Yu, Ruo-Ran Lai et al. · 0 citations

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