Explain How a Commit-Reveal Scheme Prevents a Transaction's Content from Being Front-Run ⎊ Path

Explain How a Commit-Reveal Scheme Prevents a Transaction’s Content from Being Front-Run.

A commit-reveal scheme involves two steps. First, the user submits a "commitment" (a hash of their intended transaction plus a random secret) to the blockchain.

This commitment is public but reveals nothing about the actual trade. Second, after a set time, the user submits the "reveal" (the original transaction and the secret).

The smart contract verifies the hash matches the commitment, then executes the trade. Since the trade details are hidden during the commit phase, front-running is impossible.

What Is a Commit-Reveal Scheme and How Does It Deter Malicious Transaction Ordering?

How Can Commit-Reveal Be Adapted for Use in a Decentralized Options Auction?

How Does a ‘Commit-Reveal’ Scheme Achieve Transaction Privacy?

What Is a “Commit-Reveal” Scheme and How Is It Used in Decentralized Finance (DeFi) Options?

What Is the ‘Commitment’ Step in a Commit-Reveal Scheme and What Information Does It Contain?

What Is the Disadvantage of Using a Commit-Reveal Scheme for High-Speed Trading?

How Do Private Transaction Relays Prevent the Visibility Required for Front-Running?

How Do ‘Commit-Reveal’ Schemes Mitigate Front-Running?

Glossar

Commit-Reveal

Mechanism ⎊ Commit-Reveal protocols, within decentralized finance, represent a staged disclosure of trading intentions, initially committing to a transaction and subsequently revealing the specifics.