4 ms·
For crypto you pay the miners to put your transaction first. You don't need millisecond precission reaction time.
by charcircuit 1y ago
For crypto you pay the miners to put your transaction first. You don't need millisecond precission reaction time.
- KK7NIL 1y agoCrypto trading takes place on exchanges, not the blockchain though?
- scrlk 1y agoIn crypto, you have centralised (e.g. Coinbase) and decentralised exchanges (e.g. Uniswap). Decentralised exchanges operate onchain via smart contracts. This article from a16z explains the mechanics of reordering transactions for profit (MEV): https://a16zcrypto.com/posts/article/mev-explained/ https://a16zcrypto.com/posts/article/mev-explained/