Typically, transactions are broadcast to the mempool where they remain pending until miners pick them and add to the block. Private transactions however, are only visible to the pool and are not broadcast to other nodes (pay more for faster transactions).
Private Transactions offered by Taichi Network
- 1.Front-runners don't need these services to outpace regular users, who are slower by seconds. They need it to outpace one another, where improving speed 0.8->0.15 sec matters.
- 2.When a transaction is privately sent to pools other frontrunners can't attempt to front-run it. This helps avoid fierce escalation of fees.