Fair Sequencing Services in Action | Ari Juels and Pawel Szalachowski at SmartCon 2022

In this SmartCon 2022 presentation, Chainlink Labs Chief Scientist Ari Juels explains the "sandwich attack" problem on decentralized exchanges and describes how decentralized oracle networks can sequence transactions through Fair Sequencing Services (FSS) to power a more equitable Web3 environment for users. Chainlink Labs Research Engineer Pawel Szalachowski then demonstrates how FSS can prevent sandwich attacks by comparing a "non-FSS Swap" DEX with an "FSS Swap" DEX.

Featuring:
Ari Juels, Chief Scientist at Chainlink Labs
Pawl Szalachowski, Research Engineer at Chainlink Labs

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

Learn more about Chainlink:
Website: https://chain.link
Docs: https://docs.chain.link
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