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I think it's an important detail to point out that legitimate transactions mostly aren't vulnerable to the "Dark Forest" issue. A lot of comments I'd seen on th
by AgentME 6y ago
I think it's an important detail to point out that legitimate transactions mostly aren't vulnerable to the "Dark Forest" issue. A lot of comments I'd seen on the original "Ethereum is a Dark Forest" blog post seemed to be under the impression that this was a general Ethereum issue affecting normal users.
- 3np 6y agoArbitrage trades and related activities like MakerDAO keepers would be legitimate transactions vulnerable to this (essentially someone else extracting the value from their discovery). Granted that is a very small subset of users.
- nonsens3 6y agoLiquidation contracts and Arbitrage contracts do check the caller and would not allow to be executed by non-approved senders. This raises the bar, so that you can front run only contracts that you can implement and deploy. If anyone could just replace an address and execute a profitable transaction by being first on existing contracts, surely miners would be doing it already, no?
- 3np 6y ago> If anyone could just replace an address and execute a profitable transaction by being first on existing contracts, surely miners would be doing it already, no? To a large degree not yet.