Ethereum’s Upcoming “Hegota” Update to Introduce FOCIL for Fairer On-Chain Trading

The planned “Hegota” upgrade aims to integrate FOCIL technology, promising more equitable transaction processing on the Ethereum blockchain.

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Summary

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Terms & Concepts
  • FOCIL: A new technology designed to improve fairness in blockchain transactions by optimizing order inclusion and sequencing.
  • On-chain trading: The execution and settlement of transactions directly on a blockchain network instead of using off-chain or centralized systems.
  • Ethereum upgrade: A planned change to the Ethereum blockchain’s protocol intended to enhance functionality, performance, or security.