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Arbitrum’s Proposal for Modified Transaction Sequencing Strategy

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On March 2, Arbitrum released a new proposal today, proposing a modified transaction sequencing strategy for the Arbitrum sequencer, adding \”time boost\” to the…

Arbitrums Proposal for Modified Transaction Sequencing Strategy

On March 2, Arbitrum released a new proposal today, proposing a modified transaction sequencing strategy for the Arbitrum sequencer, adding “time boost” to the current first-come-first-served strategy, which will allow users to pay priority fees to obtain small advantages or “time weight” in multiple orders.

Arbitrum launched a new transaction sequencing strategy proposal to add time weight to the current “first come, first served” strategy

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Arbitrum, the advanced layer2 scaling solution for Ethereum, recently announced a proposal for a modified transaction sequencing strategy for its sequencer. The proposal introduces a new feature called “time boost” that allows users to pay priority fees and get a small advantage in the order of multiple transactions. This modification aims to improve the user experience while maintaining the network’s security and decentralization.

Currently, Arbitrum’s sequencer operates on a first-come-first-served system for transaction sequencing. It guarantees the fairness of the network, but it could lead to slower transaction times and higher gas fees, especially during network congestion. The introduction of the “time boost” feature provides a solution for this problem, giving users the option to obtain priority over other transactions by offering a higher fee.

The proposal suggests a change in the current sequencer’s algorithm, which will allow the time boost to work without disrupting network security or decentralization. The transaction fees will provide priority for the next three to five transactions, after which the time boost will expire, and the next prioritized transaction will follow the same system.

The implementation of “time boost” will enable users to distinguish between urgent and non-urgent transactions and contribute to decreasing network congestion, leading to lower gas fees and faster transaction times. It will provide an opportunity for those who require timely execution of their transactions to avail themselves of quicker and more reliable service.

In conclusion, Arbitrum’s proposal for a modified transaction sequencing strategy is a significant move towards improving user experience while keeping the network’s security and decentralization intact. The implementation of the “time boost” feature provides a practical solution to address network congestion issues by enabling users to prioritize their transactions. The new proposal is yet another example of Arbitrum’s commitment to enhancing the Ethereum ecosystem and the wider blockchain community.

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