In the year 2014, when Micheal Lewis released the book “Flash Boys”, who would have thought that the concept of latency arbitrage, prevalent in traditional finance, would find its roots deeply ingrained in an emerging technology called blockchains, allowing network participants to capitalize on super normal profits? Due to this latency arbitrage, who would have thought that a blockchain as grand as Ethereum would lose $1.3 B? Moreover, down the line, the latency arbitrage getting rebranded as...
