Arbitrum Launches New Transaction Sequencing Strategy Timeboost on Arbitrum One and Nova

Arbitrum announced the launch of a new transaction sequencing strategy called Timeboost on Arbitrum One and Nova. This new strategy allows users to bid for fast-track access, providing quicker transaction inclusion while maintaining Arbitrum as a private mempool. The new sequencing strategy reduces network congestion by suppressing wasteful latency competition and creates new potential revenue sources for the DAO. Through the private mempool, users remain protected from front-running and sandwich attacks.