public(7)

What is hidden, from whom, and until when. These lines are exact; nothing else is promised.

Who sees what

	before the close	after the close
public	nothing	can remove the time lock, still faces the room-key layer
the room	nothing: it holds the inner key but not the drand round	reads every order of the batch
you	your own order	your own order

Hidden from everyone until the close, the operator included: market, side, size, limit.

Hidden from the public forever, for unmatched orders: all four. The room reads them after the close to match the batch and publishes nothing about them.

Public after settlement, for matched orders: owner, market, side, size, limit and fill. These are the prints, as dark pools report prints after execution.

Public for void orders: an order whose limit crossed but whose balance did not cover it is void, and voiding it publishes its market, side and size. The contract checks the balance claim. The order form refuses to seal an order your balance does not cover.

Always public

that your address sealed an order in batch N, and when;
your deposits and withdrawals, per asset (balances are onchain).

Hiding side and size

what a balance suggests

balance in the room          what an observer can guess
USDG only                    a buy, at most this large
NVDA only                    a sell of NVDA
USDG + several stocks        side and market unclear
more than you trade          size unclear

Balances are decoupled from orders: an order never names an amount at submission, and every market shares one batch and one contract, so a seal shows neither the stock nor the side. Keep both kinds of asset in the room, and spare balance, to blur what your balance alone suggests.

/ search · [ ] previous and next page