Why it's not possible to MEV on TC:. 1) Nodes observe inbound L1 tx. when 67% "agree" the swap goes into a queue.
26 Sep 2023, 00:37
Why it's not possible to MEV on TC:
1) Nodes observe inbound L1 tx; when 67% "agree" the swap goes into a queue
> No node can elect to fast-track a tx, since they unilaterally can't control when 67% consensus is achieved
* A single node can only withhold *their* observation
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Same news in other sources
526 Sep 2023, 00:37
THORChain's execution environment is far different to EVM. It is a live state machine and has mechanisms in place to ensure
1) Collusion profits defectors
2) Margins are shared with all
3) Artificial price-action has to be paid for
THORChain's execution environment is far different to EVM. It is a live state machine and has mechanisms in place to ensure.
THORChain's execution environment is far different to EVM. It is a live state machine and has mechanisms in place to ensure
1) Collusion profits defectors
2) Margins are shared with all
3) Artificial price-action has to be paid for
26 Sep 2023, 00:37
Recently treasury conducted in public some very large swaps (up to $1m) - if front-running was easily possible then these swaps could have been moved against - but none was observed.
Recently treasury conducted in public some very large swaps (up to $1m) - if front-running was easily possible then these swaps
Recently treasury conducted in public some very large swaps (up to $1m) - if front-running was easily possible then these swaps could have been moved against - but none was observed.
26 Sep 2023, 00:37
In practice, no front-running has been observed (note, price-discovery is not considered front-running, where the entire market moves up, we consider only market-dislocations, where one market is pushed artificially against the wider)
In practice, no front-running has been observed (note, price-discovery is not considered front-running, where the entire market
In practice, no front-running has been observed (note, price-discovery is not considered front-running, where the entire market moves up, we consider only market-dislocations, where one market is pushed artificially against the wider)
26 Sep 2023, 00:37
In summary, there is no *easy* way to unilaterally control when L1s get placed in the queue, and once they are in the queue, they are ordered deterministically in a way that queue-jumpers have all their margins taken as fees, and all fees shared with everyone.
In summary, there is no *easy* way to unilaterally control when L1s get placed in the queue, and once they are in the queue, the
In summary, there is no *easy* way to unilaterally control when L1s get placed in the queue, and once they are in the queue, they are ordered deterministically in a way that queue-jumpers have all their margins taken as fees, and all fees shared with everyone.
26 Sep 2023, 00:37
...because the very next node can then process all L1 observations together, pushing all L1s back into the queue again, where they are ordered deterministically.
because the very next node can then process all L1 observations together, pushing all L1s back into the queue again, where they
...because the very next node can then process all L1 observations together, pushing all L1s back into the queue again, where they are ordered deterministically.