Cryptocurrency: Miners Frontrun Unencrypted Trades, Signal Chat Adopts MOB Shitcoin

[grarpamp]

> 	infinite self parody here :
>
> 	https://www.mobilecoin.foundation/about
> 	"At MobileCoin, we believe governments have a legitimate interest in
> regulating the economic lives of their citizens.
> Good monetary policies help keep economies healthy and currency controls
> help fight criminals and terrorists."

Lol.

> https://www.coindesk.com/miners-front-running-service-theft

https://www.coindesk.com/ethermine-adds-front-running-software-to-help-miners-offset-eip-1559-revenue-losses
https://ieeexplore.ieee.org/document/9152675 Flashboys 2.0 - Miner
Extractable Value (MEV)
https://medium.com/@danrobinson/ethereum-is-a-dark-forest-ecc5f0505dff
https://medium.com/flashbots/quantifying-mev-introducing-mev-explore-v0-5ccbee0f6d02
https://www.coindesk.com/bad-sandwich-defi-trader-poison-front-running-ethermine-miners
https://medium.com/offchainlabs/meva-what-is-it-good-for-de8a96c0e67c

Alice can simply limit order, until limit users get censored out,
leading tokens, markets, and networks to collapse and die
due to friction, graft, high cost diminishing returns, etc.

Some class of miner attacks are mitigated with
zk / homomorphic / encryption, leaving miners nothing
to see and preferentially mine but the txfee.
Only the set of AMM+seller+buyer would be parties that
can see the market tx data.
Some crypto could even avoid prefs on txfee by contracting to release
a hidden mining fee as second stage mine after the trade tx is mined,
forcing miners to mine all tx equally, or starve and exit mining biz.

Bitcoin-BTC is obviously subject to mining games based on
its 100% cleartext content... censorship there by statistical mass,
no cryptographic guarantee of unfettered unobserved fair access.

https://eprint.iacr.org/2021/139
https://link.springer.com/content/pdf/10.1007/3-540-44647-8_31.pdf
http://users.ece.cmu.edu/~reiter/papers/1994/TOPLAS.pdf

Early days.