A large order only needs to be seen once to be beaten. On a public chain it waits in the mempool in full view, and bots position ahead of it before it ever executes. The fill you get is worse than the price you saw. Cocoon keeps the order book off any shared mempool, so there is nothing to race, and zero-knowledge proofs keep the matching provably fair. https://t.co/ZEPsuieOcf #Cocoon #Ethereum
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