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How are the trades ordered before the ledger closes?

Looking from a "high frequency trading" perspective, is it possible to execute some attacks like front running on Stellar? If my node receives a trade, can I outrun it by submitting my trade faster to other nodes?

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up vote 1 down vote

I asked the same question earlier.

Jed mentioned that trades are applied in random (actually, pseudo-random) order, and transaction fees do not affect the order in which transactions are applied within the ledger. So larger fees do not prioritize trading operations, preventing Low Latency HFT manipulations.

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  • 1
    If the validators know how to calculate this randomness, I should be able to do the same. In this case I can just generate a bunch of transactions until the final pseudo-random state suites me. I will read a bit through the stellar-core code just to try to understand it completely. – bkolobara Aug 7 at 15:04

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