Tuesday, 28 August 2018

Clarification: Omni and Wormhole do not benefit from canonical transaction ordering

It has come to my attention that a quote from me, explaining Omni on GitHub, ended up in an article from CoinGeek, claiming it makes a case for canonical transaction ordering. In addition, statements like "Omni and WHC benefit from CTO" were repeated in this sub over the past days.

However, this isn't the case. We do not benefit from canonical transaction ordering.

The global state of Omni and Wormhole is derived from all previous actions of the system, like "Bob sends 100 Omni to Alice" and "Alice sends 50 Omni to Carol". And when a new block arrives, transactions are evaluated one by one, one after the other. If transaction A comes before B, then it's effect is applied before the other.

If anything, canonical transaction ordering makes things more unforeseeable for systems like Omni or Wormhole.

submitted by /u/dexX7
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source https://www.reddit.com/r/btc/comments/9awqff/clarification_omni_and_wormhole_do_not_benefit/

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