Robinhood Chain is evaluating a transaction ordering system that would let users pay to have specific transactions processed ahead of others. The technology was developed by Arbitrum, which recently replaced its earlier Time Boost system with a Priority Gas Auctions model. Under that setup, traders can pay higher fees to give a single transaction priority in processing order. Robinhood Chain does not currently use Arbitrum’s original Time Boost application and still relies on a first-come, first-served ordering method. Since its launch in July, the chain’s total value locked has climbed into the top 10 among blockchains. The update was cited by Techub, which referenced CoinDesk.
Robinhood Chain is evaluating a transaction ordering system that would allow users to pay for priority processing of specific transactions, according to Techub, citing CoinDesk.
Paid priority model under review
The technology was developed by Arbitrum. Arbitrum recently replaced its original Time Boost system with a Priority Gas Auctions model, which allows traders to pay higher fees to give an individual transaction priority in processing.
Current ordering remains first come, first served
Robinhood Chain currently uses a first-come, first-served transaction ordering strategy and has not adopted Arbitrum’s original Time Boost application.
TVL has entered the top 10
Since launching in July, Robinhood Chain’s total value locked has moved into the top 10 among blockchains.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
