Front running is an artificial issue created by those with an entitlement attitude. They want everyone to be "equal" and believe that just because they see an order book they are automatically entitled to get their order in.
If you remove any sense of entitlement from the equation, then what you have are a set of rules where the profits go to those who can react the fastest. Some people are just jealous of others who seem to get "free money" simply by being fast. But this is not the case. Front runners are competing against each other and are still exposed to market risk.
Let those who are able pick up pennies in front of a steamroller and don't hate them for their speed. They provide liquidity and the profits they earn help everyone.
ASIC Mining is an artificial issue created by those with an entitlement attitude. They want everyone to be "equal" and believe that just because they see a block reward they are automatically entitled to a fair shot at it.
If you remove any sense of entitlement from the equation, then what you have are a set of rules where the profits go to those who can mine the fastest. Some people are just jealous of ASIC miners who seem to get "free money" simply by being fast. But this is not the case. ASIC miners are competing against each other and are still exposed to market risk.
Let miners who are able pick up pennies in front of a steamroller and don't hate them for their speed. They provide security and the profits they earn help everyone.
So if someone steals from you tough luck. Get better locks.
Just create a system that excludes them. It's the investors and traders that make the market and though I'm not a big trader personally, nearly all seem to agree that front-runners don't provide enough additional value in the form of liquidity to compensate for the value they take.