3min chapter

Good Game cover image

Is DeFi Ready for Mainstream Adoption? | EP 20

Good Game

CHAPTER

The Front-Running Problem With Ethereum

The world has some consensus price of gold that it's got somehow, right? You know, across all the different markets that it's trading. And just inherently in that process of the world deciding the price, a group of people getting together,. observing that price, working out amongst themselves if they all agree on what the actual price is and then pushing it into there - this can take 30 seconds or 40 seconds. The solution is to read that price off-chain to say, anyone wants to trade on the price of gold, we've got a price at the moment, it's $2,000. But you actually need to go out and ask for the price over here, which you

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