Smart Transactions
summary
Argues that Ethereum transactions become context-aware by exposing secure MEV-time interactions that let transactions read and react to mid-execution values, enabling just-in-time liquidity, zero-capital trading, and automated collective bargaining. Presents a formal model using duplicate/speculate/validate transitions to speculatively execute and later validate based on future outcomes. Claims a working method to secure search results (details withheld) and outlines a three‑phase rollout (semi-atomic prefixes, trusted proposer phase, then trustless locking). Notes high computational cost, DOS risks, and multi-block composition challenges.
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chapters (4)
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