all InfoSec news
Travelers: A scalable fair ordering BFT system. (arXiv:2401.02030v1 [cs.CR])
cs.CR updates on arXiv.org arxiv.org
Many blockchain platform are subject to maximal value extraction (MEV), and
users on the platform are losing money while sending transactions because the
transaction order can be manipulated to extract value from them. Consensus
protocols have been augmented with different notion of fair ordering in order
to counter the problem. Out of all practical protocols, the most efficient BFT
consensus requires $O(nTL + n^2T)$ communication complexity, where $n$ is
number node, $T$ is number of transactions and $L$ is average …
blockchain counter extract extraction fair mev money notion order platform problem protocols system transaction transactions travelers value