has been one of the most popular Layer-2 protocols in the DeFi space, having managed to retain its dominance despite multiple new entrants coming into the market.One such development is the proposed adoption of “Timeboost,” a transaction ordering policy. Under the current system, Arbitrum transactions adhere to a first-come, first-served approach.
This mechanism bears similarities to the priority fee system employed on OP Mainnet, where users can pay additional fees to expedite their transactions., the proceeds from the Timeboost auction would be directed towards the Arbitrum DAO treasury, potentially generating a significant revenue stream. Time-sensitive transactions, like arbitrage opportunities or critical DeFi actions, can be expedited through the use of Timeboost. This can lead to a more responsive and user-friendly platform, attracting a wider range of users.At the time of writing, Arbitrum was having trouble attracting and retaining users.
Source: Digital Coin News (digitalcoinnews.net)
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