What Is a “Zero-Knowledge Proof” and How Can It Address Mempool Transparency?

A zero-knowledge proof (ZKP) is a cryptographic method where one party can prove to another that a statement is true without revealing any information beyond the validity of the statement itself. In the context of mempool transparency, ZKPs can be used to prove that a transaction is valid and meets all requirements without revealing the transaction's content, such as the asset, amount, or price.

This prevents front-running bots from seeing the profitable trade details, thus removing the necessary information for the attack.