Last night again, I was reconciling in the middle of the night, staring at the sequence of a few swap transactions for a long time. The more I looked, the more I felt that the so-called "fairness" on the blockchain is a bit of a luxury. You think that pressing confirm puts you in line, but in reality, someone behind you is watching you and directly jumping ahead to eat the spread. The impact, frankly, is on the average person's slippage budget and mindset: even though there's no extra trading, why does it feel like I lost a bit more? What's more annoying is that this kind of experience pushes people to set higher and higher slippage, and in the end, everyone ends up worse.

By the way, it made me think of the recent collapse rhythm of chain games, inflation + studio + coin price spiral, which is essentially quite similar to a "who runs first wins" sorting game... just replaced with a larger scope of cutting in line. Anyway, I now have only one principle in doing things: I’d rather move fewer times, go slower, and not give others too much predictable space. That’s all for now.