Timeboost for beginners — Offchain Labs’ latest transaction ordering policy protocol

Timeboost for beginners — Offchain Labs’ latest transaction ordering policy protocol Timeboost is a transaction ordering policy protocol designed for Arbitrum chains, which allows anyone to bid for the right to have their transactions sequenced faster than other transactions. When it comes to Layer 2 scaling, various moving parts work together to help ensure that transactions are cheap, can be confirmed quickly, and remain secure from harmful forms of Maximum Extractable Value (MEV) while avoiding reorganization after confirmation. While some forms of MEV can negatively impact users, other typ