Re: Transparent mining 2, or What part of Legacy should be left behind
Maybe non-critical ones?
And this is something that makes me wonder about the value of the AE. If we aren't going to trust it for "time-critical" trades (which would be pretty much *all* trades if you are a day trader) then what exactly are these *important* but non-time critical trades that it is needed for?
(some concrete examples would be very helpful here)
I'm curious, how does the AE interact with instant transactions? With instant transactions, you could theoretically have semi-HFT (not as fast as off-chain... but pretty fast)?
I also assume that by instant transactions, this actually means instant confirmations (up to a certain point)? Say you can predict 5 blocks in the future with 99.99% accuracy, so if you perform an instant transaction from your special account, you would get an instant 5 confirmations. Even if a single rogue forger decides not to include you, you will still have 4 confirmations.
Or am I getting this completely wrong, c-f-b? I know you explained this somewhere before, but I'll be honest, I did not understand it
