{"id":60866,"date":"2026-06-21T22:50:36","date_gmt":"2026-06-21T14:50:36","guid":{"rendered":"https:\/\/nightfame.com\/style\/?p=60866"},"modified":"2026-06-21T23:05:34","modified_gmt":"2026-06-21T15:05:34","slug":"chapter-6-a-fair-ordering-protocol-the-front-running-fencer","status":"publish","type":"post","link":"https:\/\/nightfame.com\/style\/chapter-6-a-fair-ordering-protocol-the-front-running-fencer\/","title":{"rendered":"Chapter 6: A Fair Ordering Protocol &#8211; The Front-Running Fencer"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"333\" src=\"https:\/\/nightfame.com\/style\/wp-content\/uploads\/2026\/06\/The-Front-Running-Fencer-Chapter-6-A-Fair-Ordering-Protocol-500x333.jpg\" alt=\"\" class=\"wp-image-60867\" srcset=\"https:\/\/nightfame.com\/style\/wp-content\/uploads\/2026\/06\/The-Front-Running-Fencer-Chapter-6-A-Fair-Ordering-Protocol-500x333.jpg 500w, https:\/\/nightfame.com\/style\/wp-content\/uploads\/2026\/06\/The-Front-Running-Fencer-Chapter-6-A-Fair-Ordering-Protocol-200x133.jpg 200w, https:\/\/nightfame.com\/style\/wp-content\/uploads\/2026\/06\/The-Front-Running-Fencer-Chapter-6-A-Fair-Ordering-Protocol-768x512.jpg 768w, https:\/\/nightfame.com\/style\/wp-content\/uploads\/2026\/06\/The-Front-Running-Fencer-Chapter-6-A-Fair-Ordering-Protocol.jpg 1500w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/figure><\/div>\n\n\n<p><\/p>\n\n\n\n<p>The virtual meeting room felt different after Jesse spoke.<\/p>\n\n\n\n<p>Not warmer, exactly\u2014the DAO wasn&#8217;t the kind of place where warmth happened easily. But there was a crack in the wall of technical jargon and economic despair. A sliver of light that hadn&#8217;t been there before.<\/p>\n\n\n\n<p>Jesse felt it as the meeting officially ended and the other validators dropped off one by one. Their avatars faded\u2014the brick wall of BlockGuild, the cartoon cat of ValleyValidator, the generic silhouette of half a dozen others. Soon only three remained: Cipher&#8217;s featureless gray icon, Nia&#8217;s validator logo (a stylized fox with a key), and Jesse&#8217;s default guest avatar.<\/p>\n\n\n\n<p>&#8220;You stayed,&#8221; Nia said to Cipher.<\/p>\n\n\n\n<p>&#8220;I wanted to talk to your friend.&#8221; Cipher&#8217;s voice modulator made their tone hard to read, but Jesse thought he heard something like curiosity. &#8220;Jesse. You said you play strategy games.&#8221;<\/p>\n\n\n\n<p>&#8220;I do. Mostly real-time strategy and turn-based tactics. Why?&#8221;<\/p>\n\n\n\n<p>&#8220;Because designing a fair ordering protocol is like designing a game. You have to anticipate every possible exploit. Every way a rational actor might try to game the system.&#8221; Cipher paused. &#8220;Most coders think in code. They build something and then test it. But strategists think in&nbsp;<em>moves<\/em>. They imagine what the opponent will do before the opponent even knows they&#8217;re playing.&#8221;<\/p>\n\n\n\n<p>Jesse leaned toward the microphone. &#8220;So you want me to think like The Seeker.&#8221;<\/p>\n\n\n\n<p>&#8220;I want you to think like The Seeker&#8217;s&nbsp;<em>creator<\/em>. The person who programmed it. What would they do to break our system?&#8221;<\/p>\n\n\n\n<p>Nia pulled up a blank document on her screen. &#8220;This is what we&#8217;ve been missing. We&#8217;ve been so focused on building&nbsp;<em>something<\/em>&nbsp;that we haven&#8217;t been asking the right question.&#8221;<\/p>\n\n\n\n<p>&#8220;And what&#8217;s that?&#8221; Jesse asked.<\/p>\n\n\n\n<p>Cipher answered. &#8220;How does the attacker defeat it before we even write a line of code?&#8221;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>The three of them talked for another hour.<\/p>\n\n\n\n<p>Nia shared her screen, filling the document with ideas, objections, counter-ideas, and counter-counter-ideas. Cipher was relentless\u2014every time someone proposed a solution, they immediately poked holes in it. But it wasn&#8217;t the angry, dismissive energy that BlockGuild brought. It was surgical. Precise. Like a doctor cutting out a tumor.<\/p>\n\n\n\n<p>Jesse found himself keeping up. He didn&#8217;t understand the cryptography\u2014the hash functions, the zero-knowledge proofs, the elliptic curves that Cipher mentioned in passing. But he understood&nbsp;<em>incentives<\/em>. He understood that any system could be gamed if the rewards of gaming exceeded the costs.<\/p>\n\n\n\n<p>&#8220;Okay,&#8221; Cipher said finally. &#8220;Let&#8217;s start from scratch. Assume we can design any ordering system we want. What are our goals?&#8221;<\/p>\n\n\n\n<p>Nia typed:<\/p>\n\n\n\n<p><strong>GOAL 1: No front-running.<\/strong>&nbsp;The Seeker cannot see a transaction and submit a competing transaction before it confirms.<\/p>\n\n\n\n<p><strong>GOAL 2: No sandwich attacks.<\/strong>&nbsp;The Seeker cannot buy before and sell after the same user in the same block.<\/p>\n\n\n\n<p><strong>GOAL 3: Verifiable fairness.<\/strong>&nbsp;Anyone can check that the ordering was honest.<\/p>\n\n\n\n<p><strong>GOAL 4: Economic viability.<\/strong>&nbsp;Validators must still earn enough to stay in business.<\/p>\n\n\n\n<p>Jesse stared at the list. &#8220;Goal 4 is the trap. Everything fair seems to cost money.&#8221;<\/p>\n\n\n\n<p>&#8220;Because fairness usually means giving up profitable opportunities,&#8221; Cipher said. &#8220;In the current system, validators earn extra revenue from MEV\u2014front-running, sandwich attacks, arbitrage. A fair system would eliminate most of that revenue.&#8221;<\/p>\n\n\n\n<p>&#8220;Unless we replace it with something else,&#8221; Nia said slowly. &#8220;Like\u2026 reputation. Or long-term user loyalty. Or lower risk of network collapse.&#8221;<\/p>\n\n\n\n<p>Cipher&#8217;s avatar tilted slightly\u2014the closest they ever came to a nod. &#8220;Those are real economic benefits. They&#8217;re just harder to measure than immediate fee revenue.&#8221;<\/p>\n\n\n\n<p>Jesse picked up a marker from Nia&#8217;s desk\u2014he was still in her apartment, after all\u2014and walked to the whiteboard. He wrote the four goals in big letters, then stepped back.<\/p>\n\n\n\n<p>&#8220;Okay. How do we actually&nbsp;<em>order<\/em>&nbsp;transactions? Not the hiding part yet. Just the ordering.&#8221;<\/p>\n\n\n\n<p>Nia joined him at the whiteboard. &#8220;The simplest way is by gas fee, which is what we have now. That&#8217;s bad because it encourages front-running.&#8221;<\/p>\n\n\n\n<p>&#8220;Or by timestamp,&#8221; Jesse said. &#8220;First come, first served.&#8221;<\/p>\n\n\n\n<p>&#8220;That&#8217;s better, but it&#8217;s still predictable. The Seeker could watch the mempool and time its transactions to arrive just before yours. If it&#8217;s faster\u2014and it is\u2014it still wins.&#8221;<\/p>\n\n\n\n<p>&#8220;So we need something unpredictable.&#8221;<\/p>\n\n\n\n<p>Cipher&#8217;s voice came through the laptop speaker. &#8220;Verifiable Random Function. VRF.&#8221;<\/p>\n\n\n\n<p>Nia&#8217;s eyes lit up. She grabbed the marker from Jesse and drew a new diagram.<\/p>\n\n\n\n<p>&#8220;A VRF takes a secret seed\u2014known only to the network\u2014and a transaction ID, and produces a random number. That number determines the transaction&#8217;s position in the block. No one can predict it in advance. But anyone can verify it after the fact.&#8221;<\/p>\n\n\n\n<p>Jesse studied the diagram. &#8220;So instead of ordering by gas fee or timestamp, we order by random number.&#8221;<\/p>\n\n\n\n<p>&#8220;Plus a small time priority,&#8221; Nia added. &#8220;Completely random ordering would be unfair to people who actually submitted early. So we give a slight boost to earlier transactions\u2014maybe a 10% better chance of being earlier in the block. Not enough to dominate, but enough to reward speed.&#8221;<\/p>\n\n\n\n<p>Jesse thought about it. The Seeker would still see the transactions in the mempool, but it wouldn&#8217;t know which order they&#8217;d end up in. It couldn&#8217;t guarantee that its transaction would land ahead of Jesse&#8217;s, even with a higher gas fee.<\/p>\n\n\n\n<p>&#8220;The gas fee becomes almost meaningless for ordering,&#8221; he said.<\/p>\n\n\n\n<p>&#8220;Almost. Validators still earn gas fees\u2014they just can&#8217;t use them to reorder transactions. The fees become payment for inclusion, not priority.&#8221;<\/p>\n\n\n\n<p>Cipher spoke again. &#8220;This solves front-running. But it doesn&#8217;t solve sandwich attacks. For that, we need to hide the transaction contents entirely. The Seeker can&#8217;t front-run what it can&#8217;t see, and it can&#8217;t sandwich what it can&#8217;t predict.&#8221;<\/p>\n\n\n\n<p>Jesse nodded. &#8220;So VRF ordering is one piece. Commit-reveal is another. Encrypted mempool is a third.&#8221;<\/p>\n\n\n\n<p>&#8220;Three pieces,&#8221; Nia said. &#8220;And we need all of them.&#8221;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>The next DAO meeting was scheduled for Thursday, four days away. Nia proposed that they present the VRF ordering protocol as a concrete proposal\u2014not just an idea, but something with math and code and test results.<\/p>\n\n\n\n<p>Cipher agreed to help write the technical specification. Nia would handle the validator economics\u2014how much they might earn, how it compared to the current system. And Jesse?<\/p>\n\n\n\n<p>&#8220;What do you want me to do?&#8221; he asked.<\/p>\n\n\n\n<p>Cipher&#8217;s answer surprised him. &#8220;Write the user perspective. Explain why this matters to someone who just wants to buy an artifact without getting robbed. The validators in the DAO are technical. They understand the code. But they don&#8217;t always understand the people.&#8221;<\/p>\n\n\n\n<p>Jesse thought about the empty display frame on his wall. The sword he should have had. The sick feeling in his stomach when he saw that failed transaction.<\/p>\n\n\n\n<p>&#8220;I can write that,&#8221; he said.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>Four days later, Jesse sat in Nia&#8217;s apartment again, staring at the document he&#8217;d written. It was short\u2014only two pages\u2014but it had taken him hours to get the words right.<\/p>\n\n\n\n<p>He&#8217;d called it&nbsp;<em>&#8220;Why I Almost Quit.&#8221;<\/em><\/p>\n\n\n\n<p>It started with the Emberheart sale. The countdown. The click. The spinning wheel. The confirmation that never came. Then it widened out\u2014not just his story, but the stories he&#8217;d read in forums, the messages from other collectors who had lost to The Seeker, the slow erosion of trust in a system that was supposed to be fair.<\/p>\n\n\n\n<p>He ended with a question:&nbsp;<em>&#8220;If you were a validator, would you want to run a network that drives people away? Or would you want to build something they actually want to use?&#8221;<\/em><\/p>\n\n\n\n<p>Nia read it over his shoulder. &#8220;That&#8217;s good,&#8221; she said quietly. &#8220;Really good.&#8221;<\/p>\n\n\n\n<p>&#8220;It&#8217;s just the truth.&#8221;<\/p>\n\n\n\n<p>&#8220;Sometimes that&#8217;s enough.&#8221;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>The DAO meeting started at eight, just like last week. The same avatars filled the virtual room\u2014BlockGuild&#8217;s brick wall, ValleyValidator&#8217;s cartoon cat, ValidatorMom&#8217;s generic headshot, and a dozen others.<\/p>\n\n\n\n<p>Cipher led the presentation. They walked through the VRF ordering protocol step by step, with Nia chiming in on the validator implementation details. The math was dense\u2014Jesse understood about half of it\u2014but the core idea was simple:<\/p>\n\n\n\n<p><em>Transactions would be ordered by verifiable random numbers, not gas fees. No one could predict or manipulate the order. Fairness was enforced by cryptography, not goodwill.<\/em><\/p>\n\n\n\n<p>When Cipher finished, the room was quiet.<\/p>\n\n\n\n<p>Then BlockGuild spoke. &#8220;How much does this cost?&#8221;<\/p>\n\n\n\n<p>Cipher&#8217;s answer was immediate. &#8220;In terms of computation? About fifteen percent more overhead per block. The VRF generation and verification add work for validators.&#8221;<\/p>\n\n\n\n<p>&#8220;Fifteen percent.&#8221; BlockGuild&#8217;s avatar seemed to loom larger. &#8220;That&#8217;s not nothing. And what about revenue? You&#8217;ve eliminated gas fee priority. That&#8217;s a huge chunk of our income.&#8221;<\/p>\n\n\n\n<p>Nia stepped in. &#8220;We&#8217;ve modeled the revenue impact. In the short term, yes, we&#8217;ll earn less from priority fees. But in the long term, we&#8217;ll earn more from&nbsp;<em>volume<\/em>. Users will come back because they trust the system. They&#8217;ll submit more transactions because they won&#8217;t be afraid of getting front-run.&#8221;<\/p>\n\n\n\n<p>&#8220;That&#8217;s speculation.&#8221;<\/p>\n\n\n\n<p>&#8220;It&#8217;s economics,&#8221; Nia shot back. &#8220;Trust has value. Reliability has value. Right now, this network has neither. That&#8217;s why users are leaving. That&#8217;s why&nbsp;<em>you&#8217;re<\/em>&nbsp;losing revenue every month.&#8221;<\/p>\n\n\n\n<p>BlockGuild was silent.<\/p>\n\n\n\n<p>ValidatorMom raised a virtual hand. &#8220;I have a question. The VRF ordering\u2014how do we know the random seed isn&#8217;t manipulated? If someone controls the seed, they control the order.&#8221;<\/p>\n\n\n\n<p>Cipher answered. &#8220;The seed is generated collectively by validators using a distributed randomness protocol. No single validator can influence it. It&#8217;s the same technology used in fair lotteries and random beacon networks.&#8221;<\/p>\n\n\n\n<p>&#8220;So it&#8217;s been tested?&#8221;<\/p>\n\n\n\n<p>&#8220;On test networks. Not at this scale. But the math is sound.&#8221;<\/p>\n\n\n\n<p>ValidatorMom nodded slowly. &#8220;I&#8217;d like to see the test results. But I&#8217;m not opposed.&#8221;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>The discussion continued for another hour. Some validators raised technical objections\u2014latency, bandwidth, the risk of bugs. Others raised economic objections\u2014revenue loss, competitive disadvantage against validators who didn&#8217;t adopt the protocol. A few just seemed tired, worn down by months of failure.<\/p>\n\n\n\n<p>Then Jesse&#8217;s turn came.<\/p>\n\n\n\n<p>Nia shared her screen and opened his document. &#8220;One of our guests has written something I think everyone should hear. Jesse?&#8221;<\/p>\n\n\n\n<p>Jesse&#8217;s heart pounded. He&#8217;d spoken to the DAO before, but that was just a few sentences. This was different. This was his story, out loud, in front of people who could actually do something about it.<\/p>\n\n\n\n<p>He read.<\/p>\n\n\n\n<p>He started with the countdown. The three hours of waiting. The click that should have changed everything. The spinning wheel that never stopped.<\/p>\n\n\n\n<p>He described the moment he realized the sword was gone. The sick feeling in his stomach. The way he&#8217;d thrown his phone across the room.<\/p>\n\n\n\n<p>Then he talked about the forums. The other victims. The people who had given up entirely. The ones who still tried, knowing they&#8217;d probably lose, because they didn&#8217;t know any other way.<\/p>\n\n\n\n<p>&#8220;I&#8217;m not a validator,&#8221; he said near the end. &#8220;I&#8217;m not a coder. I&#8217;m not a cryptographer. I&#8217;m just someone who wanted to buy a sword and got robbed by a bot. And I know\u2014I&nbsp;<em>know<\/em>\u2014that there are thousands of people like me. We&#8217;re not experts. We&#8217;re just users. And we&#8217;re losing faith.&#8221;<\/p>\n\n\n\n<p>He paused.<\/p>\n\n\n\n<p>&#8220;You have the power to change that. Not with goodwill. Not with promises. With&nbsp;<em>code<\/em>. With protocols. With math that makes front-running impossible. If you build it, we will come. Not because we&#8217;re loyal to you, but because we have nowhere else to go. And that&#8217;s what a network is supposed to be\u2014a place where everyone can participate, not just the fastest bots.&#8221;<\/p>\n\n\n\n<p>He stopped reading. The room was silent.<\/p>\n\n\n\n<p>Then ValidatorMom said, &#8220;I&#8217;m in.&#8221;<\/p>\n\n\n\n<p>ValleyValidator said, &#8220;Show me the test results again. But\u2026 I&#8217;m leaning yes.&#8221;<\/p>\n\n\n\n<p>One by one, the other validators voiced their support. Not all of them\u2014BlockGuild was conspicuously quiet, and a few others expressed reservations\u2014but enough. Enough to move forward.<\/p>\n\n\n\n<p>Cipher spoke last. &#8220;We have a direction. VRF ordering, commit-reveal, and encrypted mempool. Three components. We&#8217;ll build them one at a time, starting with VRF. Any objections?&#8221;<\/p>\n\n\n\n<p>None came.<\/p>\n\n\n\n<p>&#8220;Then let&#8217;s get to work.&#8221;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>After the meeting, Jesse and Nia sat in the dim glow of her monitor. The validator nodes hummed. The city outside was quiet.<\/p>\n\n\n\n<p>&#8220;You did it,&#8221; Nia said.<\/p>\n\n\n\n<p>&#8220;We did it,&#8221; Jesse corrected. &#8220;I just read some words.&#8221;<\/p>\n\n\n\n<p>&#8220;You wrote the words. That matters.&#8221; She stretched her arms above her head. &#8220;But we&#8217;re not done. VRF ordering is just the first step. We still need commit-reveal and encryption. And we need to actually&nbsp;<em>build<\/em>&nbsp;this stuff, not just talk about it.&#8221;<\/p>\n\n\n\n<p>&#8220;How long will that take?&#8221;<\/p>\n\n\n\n<p>&#8220;Months, if we&#8217;re lucky. A year, if we&#8217;re not.&#8221;<\/p>\n\n\n\n<p>Jesse thought about the empty display frame. The sword he still didn&#8217;t have. The Seeker, still scanning, still taking.<\/p>\n\n\n\n<p>&#8220;Then we&#8217;d better start now.&#8221;<\/p>\n\n\n\n<p>Nia nodded. She opened a new document and typed:<\/p>\n\n\n\n<p><strong>VRF ORDERING PROTOCOL &#8211; IMPLEMENTATION PLAN<\/strong><\/p>\n\n\n\n<p>Underneath, she started listing tasks. Code review. Testnet deployment. Performance benchmarks. Security audits.<\/p>\n\n\n\n<p>Jesse added a task at the bottom:&nbsp;<em>User documentation &#8211; explain why this matters.<\/em><\/p>\n\n\n\n<p>They worked until midnight, the only sound the clicking of keyboards and the hum of the nodes.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>Three weeks later, the testnet went live.<\/p>\n\n\n\n<p>It wasn&#8217;t much to look at\u2014just a command-line interface, a few dozen transactions per minute, and a dashboard showing block production. But it was&nbsp;<em>real<\/em>. The VRF ordering protocol was actually running, actually ordering transactions by random numbers, actually preventing front-running in a controlled environment.<\/p>\n\n\n\n<p>Jesse watched the testnet from Nia&#8217;s apartment, refreshing the dashboard every few seconds. The transactions scrolled past\u2014green for included, blue for pending, red for failed.<\/p>\n\n\n\n<p>No front-running. No sandwich attacks. Just fair, verifiable ordering.<\/p>\n\n\n\n<p>&#8220;It&#8217;s beautiful,&#8221; Nia said.<\/p>\n\n\n\n<p>&#8220;It&#8217;s slow,&#8221; Jesse admitted. The testnet was processing about ten transactions per second, compared to the main network&#8217;s hundred.<\/p>\n\n\n\n<p>&#8220;Speed comes later. First, correctness.&#8221;<\/p>\n\n\n\n<p>Cipher joined their virtual room. &#8220;The VRF is working as designed. No statistical anomalies in the random distribution. No validator has found a way to manipulate the seed.&#8221;<\/p>\n\n\n\n<p>&#8220;So what&#8217;s next?&#8221;<\/p>\n\n\n\n<p>Cipher&#8217;s voice modulator crackled slightly. &#8220;Next, we add commit-reveal. But before we do, I need to warn you about something.&#8221;<\/p>\n\n\n\n<p>Jesse felt a chill. &#8220;What?&#8221;<\/p>\n\n\n\n<p>&#8220;The Seeker has been watching the testnet. We&#8217;re seeing anomalous traffic\u2014bots probing the protocol, looking for weaknesses. It knows what we&#8217;re building.&#8221;<\/p>\n\n\n\n<p>&#8220;Can it stop us?&#8221;<\/p>\n\n\n\n<p>&#8220;Not if we&#8217;re careful. But it will adapt. It always does.&#8221; Cipher paused. &#8220;The commit-reveal scheme will help, but it won&#8217;t be enough. We need the encrypted mempool. And we need it soon.&#8221;<\/p>\n\n\n\n<p>Nia exchanged a look with Jesse. The encrypted mempool was the hardest piece\u2014the one that required the most research, the most testing, the most&nbsp;<em>trust<\/em>.<\/p>\n\n\n\n<p>&#8220;We&#8217;ll get there,&#8221; Nia said. &#8220;One step at a time.&#8221;<\/p>\n\n\n\n<p>Cipher&#8217;s avatar flickered. &#8220;I hope you&#8217;re right. Because if The Seeker finds a way to break this before we finish, everything we&#8217;ve built will be for nothing.&#8221;<\/p>\n\n\n\n<p>The call ended. Jesse stared at the testnet dashboard\u2014the green and blue and red, the quiet proof that fairness was possible.<\/p>\n\n\n\n<p>&#8220;It won&#8217;t be for nothing,&#8221; he said to the empty room.<\/p>\n\n\n\n<p>But he wasn&#8217;t sure he believed it.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong><em>Table of contents:<\/em><\/strong><br><a href=\"https:\/\/nightfame.com\/style\/the-front-running-fencer-science-fiction-story\/\">Introduction<\/a><br><a href=\"https:\/\/nightfame.com\/style\/chapter-1-the-mempool-the-front-running-fencer\/\">Chapter 1: The Mempool<\/a><br><a href=\"https:\/\/nightfame.com\/style\/chapter-2-a-transaction-in-the-dark-the-front-running-fencer\/\">Chapter 2: A Transaction in the Dark<\/a><br><a href=\"https:\/\/nightfame.com\/style\/chapter-3-the-gas-auction-the-front-running-fencer\/\">Chapter 3: The Gas Auction<\/a><br><a href=\"https:\/\/nightfame.com\/style\/chapter-4-the-sandwich-attack-the-front-running-fencer\/\">Chapter 4: The Sandwich Attack<\/a><br><a href=\"https:\/\/nightfame.com\/style\/chapter-5-the-priority-fee-war-the-front-running-fencer\/\">Chapter 5: The Priority Fee War<\/a><br><a href=\"https:\/\/nightfame.com\/style\/chapter-6-a-fair-ordering-protocol-the-front-running-fencer\/\">Chapter 6: A Fair Ordering Protocol<\/a><br><a href=\"https:\/\/nightfame.com\/style\/chapter-7-the-commit-reveal-scheme-the-front-running-fencer\/\">Chapter 7: The Commit-Reveal Scheme<\/a> <strong>&lt;&lt;&lt;&lt;&lt;&lt; NEXT<\/strong><br><a href=\"https:\/\/nightfame.com\/style\/chapter-8-the-encrypted-mempool-the-front-running-fencer\/\">Chapter 8: The Encrypted Mempool<\/a><br><a href=\"https:\/\/nightfame.com\/style\/chapter-9-the-time-weighted-consensus-the-front-running-fencer\/\">Chapter 9: The Time-Weighted Consensus<\/a><br><a href=\"https:\/\/nightfame.com\/style\/chapter-10-a-just-sequence-the-front-running-fencer\/\">Chapter 10: A Just Sequence<\/a><\/p>\n<div class=\"pvc_clear\"><\/div><p id=\"pvc_stats_60866\" class=\"pvc_stats all  \" data-element-id=\"60866\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/nightfame.com\/style\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p><div class=\"pvc_clear\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The virtual meeting room felt different after Jesse spoke. Not warmer, exactly\u2014the DAO wasn&#8217;t the [&hellip;]<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_60866\" class=\"pvc_stats all  \" data-element-id=\"60866\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/nightfame.com\/style\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60292],"tags":[60332,58994,60293,58992,60294,60295,60333,60335,60334,60297,60296,60336,61157,61158,61159,61160,61161,61163,61162,60330,60331],"class_list":["post-60866","post","type-post","status-publish","format-standard","hentry","category-science-fiction","tag-children-novel","tag-crypto","tag-crypto-story","tag-cryptocurrency","tag-cryptocurrency-story","tag-science-fiction","tag-science-fiction-novel","tag-science-fiction-novel-for-children","tag-science-fiction-novel-for-young-adult","tag-science-fiction-story","tag-science-fiction-story-for-children","tag-science-fiction-story-for-young-adult","tag-the-front-running-fencer","tag-the-front-running-fencer-science-fiction-novel","tag-the-front-running-fencer-science-fiction-novel-for-children","tag-the-front-running-fencer-science-fiction-novel-for-young-adult","tag-the-front-running-fencer-science-fiction-story","tag-the-front-running-fencer-science-fiction-story-for-children","tag-the-front-running-fencer-science-fiction-story-for-young-adult","tag-ya-novel","tag-young-adult-novel"],"_links":{"self":[{"href":"https:\/\/nightfame.com\/style\/wp-json\/wp\/v2\/posts\/60866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nightfame.com\/style\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nightfame.com\/style\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nightfame.com\/style\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/nightfame.com\/style\/wp-json\/wp\/v2\/comments?post=60866"}],"version-history":[{"count":2,"href":"https:\/\/nightfame.com\/style\/wp-json\/wp\/v2\/posts\/60866\/revisions"}],"predecessor-version":[{"id":60899,"href":"https:\/\/nightfame.com\/style\/wp-json\/wp\/v2\/posts\/60866\/revisions\/60899"}],"wp:attachment":[{"href":"https:\/\/nightfame.com\/style\/wp-json\/wp\/v2\/media?parent=60866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nightfame.com\/style\/wp-json\/wp\/v2\/categories?post=60866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nightfame.com\/style\/wp-json\/wp\/v2\/tags?post=60866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}