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Proof of Alpha

Prove your trading success and swap history without revealing your wallet address

Screenshots

Proof of Alpha screenshot 1
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Problem Statement

This project combines privacy and trustlessness in order to build a decentralized future that a billion users will want to join.The influencer economy is valued at over $22 billion, with trading & crypto influencers making 10% of this. However, this entire industry is built on guesses, trusts, and easily fabricated screenshots. People don't want to reveal their wallet address because it gives away their entire blockchain identity and opens them up to even more scams. So we rely on what they say.Proof of Alpha allows anyone to prove their on-chain and off-chain trades and swaps and generates a QR code for anyone to easily verify the claim. It is made for web2 & web3 natives, and doesn't even need to stop at crypto. Currently it works with Uniswap but we will add 1inch, AAVE, and cefi such as Binance very soon.

Solution

The user logs in with WalletConnect to select any wallet with trades they would like to proveProof of Alpha fetches their trades using The Graph (currently Uniswap)They see their trades on the screen and can select them to generate a proofWhen selected, the transaction information is sent to a ZK oracle to compare with on-chain data also taken from The Graph or other sourcesIf the transaction data matches up, a signature is created and ZK proof generated with Mina SnarkyJS. This all happens in the browser to keep privacyThe ZK proof is put onto the Mina blockchainA QR code is generated to allow the user to post it anywhere irl or virtual so that their trade can be verifiedThe QR code fills in the verification ID taken from Mina after the ZK proof was generated, and checks with the blockchain to verify the proof

Hackathon

ETHGlobal Paris

2024

Prizes

  • 🏆

    🏊 Mina Protocol — Pool Prize

  • 🏆

    🏊 The Graph — Pool Prize

Contributors