Georgios Konstantopoulos
Jul 16 · 1 min read

Pools also determine the order of transactions, so if any DeFi action is happening on such a chain, they can get virtually risk-free profit by injecting their own transactions in order to front run profitable trades. Relevant paper: https://arxiv.org/abs/1904.05234

Might not be an important factor for now in Bitcoin, maybe in the future.

Georgios Konstantopoulos

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Independent consultant & engineer focused on blockchain scalability, infosec and mechanism design. That Layer 2 guy. Aspiring Rustacean. me@gakonst.com

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