Latency-Agnostic Ordering
Latency-Agnostic Ordering is a design principle where the sequence of transactions is determined by factors other than the speed at which they arrive at the validator. This removes the advantage of low-latency infrastructure, effectively neutralizing the mempool arms race.
Techniques such as batching, randomized sequencing, or time-stamping at the point of entry are used to achieve this. By decoupling execution order from network speed, the protocol creates a fairer market environment for all participants.
This is essential for protecting retail users and ensuring that price discovery is based on fundamental market forces rather than technical exploits. It requires a fundamental rethinking of how transactions are handled from the moment they are broadcast.
Implementing this is a significant challenge, but it is necessary for the long-term sustainability of decentralized financial markets.