Lei Yang

to interested traders and market makers to enjoy low latency.

And MegaEth is uniquely positioned to build such a service because of the low block time.

Because if you think about say Ethereum or even many other layer twos and of course other layer ones, their block times are on the order of at least several hundred milliseconds.

And if you put that within the respect of the network latency, the network latency is not actually too much.

Say from New York to Tokyo, the round trip is maybe 150 milliseconds.

So compared to that, the 200 millisecond block time might dominate the entire end-to-end latency.

Whereas on MegaEth, because we have 10 millisecond block time, suddenly the network latency becomes much more important.

So then it's kind of the incentive for market makers and for serious traders to want to minimize that network latency so that they get an edge in trading.

Yeah, so this is kind of the whole motivation of having this protocol.

And the mechanism is basically people can

participate in biddings.

And I think we have multiple tiers designed.

I think the closest tiers, the tiers that are closest to the sequencer will be a bidding process to determine who can get access.

And then we have like an outer ring where people can just pay some upfront predetermined amount to participate.

And once they get the seat, they will be able to hold a seat for some predetermined amount of time.

They can set up their infrastructure.

We also plan to provide them with low latency RPC and low latency data indexing.

It's kind of an all-in-one suite of services so that even individual traders who are just interested in, say, market making Omega, they do not need to hire a 10-person team to build out the data pipeline.

They can just come and connect to our pipeline and start trading.

So, yeah, so this is kind of the paradigm.