Interview with Paradigm - with Charlie Noyes, Georgios Konstantopoulos, and Hasu
Uncommon Core 2.0
00:00
The Main Negattive Externality
The main negative externality is that when there is many, let say, arbitrage boats that would go after the same op arbitrate opportunity, only one of them will be able to take it. The implication of that is that the block chain ends up having lots of junck transactions, which don't do anything. And that's redundant computation. That's redundant storage. It's not great. Second one is that, due to m v, and again, m v creates these prioriti gas auctions, the bots end up paying exorbitant amount a in gas prices for including the transactions. And this ends up pushing up the average gas prices of the network. So in a way
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