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> If yes, how could this manifest itself if a bad actor had a lot of ETH and tried to manipulate the chain?

With the current price of ETH, it’s unlikely that a single entity could gain enough of the supply to do anything like this, but it is a valid concern for smaller chains.

> Could they theoretically jump favored transactions to the front of the line and/or charge less fees for their own transactions?

Block proposers can already do this. How often you get to be block proposer, is proportional to the amount of stake you have.



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