First Come First Serve (FCFS) is a scheduling or allocation principle where resources or services are provided in the order that requests are received. This method ensures fairness by prioritizing earlier submissions, without consideration for other factors. It is a straightforward approach to managing access or distribution.
Context
In the context of digital assets, First Come First Serve mechanisms are often applied in scenarios like initial coin offerings (ICOs), non-fungible token (NFT) mints, or access to limited-supply blockchain resources. News articles may report on the impact of FCFS on market dynamics, user experience, and potential for front-running or gas wars on congested networks. Understanding this principle helps interpret event outcomes in the fast-paced crypto landscape.
DPoS consensus decentralizes Layer 2 sequencers, replacing single points of failure with an elected committee and FCFS ordering for transaction fairness.
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