Felt this be a better question to ask here for

Question

Felt this be a better question to ask here for

anyone who can answer lol. I love the fact that were the only blockchain that prevents block producers from engaging in frontrunning, as its something financial regulars will be looking into. But on that note, is that something proprietary to only us? Or are other networks able to easily adjust to the changes if such regulation be put in place?

#blockchain #cryptocurrency #english #telos

0

23.01.2022

3 ответов

17 просмотров

Unknown_ Error

@foflexity

0

23.01.2022

Jesse | Telos

It’s a fundamental part of most Ethereum based networks… you pay a higher gas price to incentivize the miners to pick your transaction first. The off the shelf go-Ethereum software picks the highest gas price transactions first. So you pay more to cut in line… and the line (mempool of pending transactions) is public so you can see what other transactions you’re cutting in front of. Add to that, 12 seconds per block, and there is a lot of time to find good opportunities to front run against others in line. It’s perfectly fine for miners to order transactions however they want, so they can put theirs (or friends or people who pay them) transactions in for low/no gas price, in front of retail folks who are trying to make a trade.z

0

23.01.2022

ELON MUSK · Accepted Answer

ELON MUSK

Good question

0

23.01.2022

210 похожих чатов

Felt this be a better question to ask here for

3 ответов

Похожие вопросы