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Front-running, flash bots and keeping things fair in the crypto market -Breaking

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The potential for Decentralized Finance (DeFi), to open up financial markets previously only available to the wealthy and the powerful, is a great opportunity. DeFi cannot survive without institutional and retail investors. When faced with predatory market behaviors such as miner extractable value (MEV) and front-running attacks it opens up old wounds to a “Flash Boys” era of traditional finance.

DeFi should and can do more by not allowing past failures to creep back in the future. Implementing cryptographic methods that incorporate transactional privacy in public blockchains allows information to be proved with order books without having to reveal the source. This mathematical magic trick protects transactions against the above behavior and allows auditability. However, it does not compromise the privacy or confidentiality of any individual or institution accounts. This will create a deferred market that is more easily accessible and more liquid for everyone.