Arbitrum has introduced a new transaction ordering policy called Timeboost, aimed at democratizing Miner Extractable Value (MEV) on its chains, Arbitrum One and Arbitrum Nova. The proposal, which is now live on the forums, allows users to bid for faster transaction processing. Bids can be collected in ARB, which can be burned, or in ETH, which can be sent to the DAO. Timeboost is seen as a significant innovation for Arbitrum, attracting interest from venture capitalists and researchers. It is expected to enhance the sequencing of transactions on the platform and potentially generate millions of dollars.
Giga morning thread from the π Timeboost is the right fit for Arbitrum and here's why https://t.co/FwvdvVIhsH
Timeboost is a game changer for Arbitrum sequencing. Must read threadπ https://t.co/L3OtAxRjvz
Thereβs been lots of interesting commentary on the Arbitrum timeboost proposal. Letβs talk about why timeboost is the right fit for Arbitrum. π§΅
market boring? jump into all the convo happening around Timeboost, a new transaction ordering policy proposed to the ArbitrumDAO for MEV-capture. seems like it's caught interest from vcs and researchers alike. π https://t.co/qAgvzWUUnU
With all the innovation coming to Arbitrum (Stylus, BoLD etc.), it can be hard to follow everything. But donβt sleep on Timeboost Hereβs a quick primer 𧡠https://t.co/m6XW4u7eMm
Now that the Timeboost proposal is live, which essentially gives @arbitrum the ability to print (or burn) millions of dollars, here is my gentle introduction to MEV and transaction ordering on L2s for those wanting to learn why Timeboost is important https://t.co/5elF8C0Glq
Timeboost democratizes MEV for Arbitrum by allowing bidding for faster tx processing. Best Part? Bids can be collected in: 1β£ ARB can be collected and burned. 2β£ or ETH can be collected and sent to the DAO. https://t.co/HYOeIzvRbQ
Introducing Timeboost; a new tx ordering policy for Arbitrum chains. Check out the AIP that just went live on the forums for the inclusion of Timeboost on Arbitrum One and Arbitrum Nova. https://t.co/nTZ9zuAXyZ https://t.co/nd8EH0fSJE