'Backrunning' bots are driving up Ethereum transaction costs as they chase the best trades
August 12, 2020, 6:09PM EDT · 3 min read
- Trading bots trying to get the best spot in Ethereum transaction blocks have resulted in a surge in gas expenditures.
- The result: transaction prices on the network are hitting new highs.
Ethereum transaction costs are soaring, and bots trying to obtain the best possible trades are being blamed.
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