[Whitepaper Wednesday] Frontrunning in Decentralized Exchanges

This week, we're reading "Flash Boys 2.0:Frontrunning, Transaction Reordering, andConsensus Instability in Decentralized Exchanges": https://arxiv.org/pdf/1904.05234v1.pdf

The paper examines how arbitrage bots bid to get their transactions into blocks first, and suggests that these bots might threaten consensus-layer security.

Bring your lunch, questions and comments to Crypto NYC, where we'll talk through it together.

All levels of experience are welcome. No coding required. We're here to learn from each other!