Austin Federa, co-founder of Double Zero and former strategy lead at Solana, recently sparked an intriguing discussion on X (formerly Twitter) with a thought-provoking post. He asked: "If there was an objective and verifiable way for a blockchain to operate on First In First Out (FIFO) ordering, as opposed to fee based or dictator based (which is every major blockchain, including Base, Ethereum, Solana, etc) would you opt to use that over fee-based?" You can check out the original post here.

For those new to the jargon, FIFO stands for First In, First Out. It's like a queue at a coffee shop—transactions get processed in the order they arrive, not based on who tips the barista more (that's the fee-based system most blockchains use today). In current setups, users can pay higher gas fees on Ethereum or priority fees on Solana to jump the line, which often favors big players over everyday traders.

This idea hits close to home for meme token enthusiasts. Meme coins thrive on hype and rapid trading, but fee-based ordering can lead to front-running, where bots or whales snag the best deals by outbidding others. Imagine launching a new meme token on Solana—under FIFO, everyone gets a fair shot without needing to crank up fees during a pump. No more getting sandwiched by MEV (Miner Extractable Value) exploits, where validators reorder transactions for profit.

Federa's question challenges the status quo. Most blockchains rely on fees to incentivize validators and prevent spam, but what if we could verify FIFO objectively? It could make networks more democratic, reducing the "pay-to-win" aspect that frustrates retail investors in the meme space. Projects like Pump.fun on Solana already aim for fair launches, but FIFO could take it network-wide.

Of course, it's not without hurdles. How do you enforce true arrival order in a decentralized system? Timestamps can be faked, and network latency varies. Still, innovations in consensus mechanisms or zero-knowledge proofs might make verifiable FIFO possible, potentially boosting adoption for meme tokens by ensuring equitable access.

As meme token markets evolve, ideas like this could shape the next wave of blockchain tech. If you're trading memes on Ethereum or Solana, keep an eye on discussions around transaction ordering—it might just make your next moonshot fairer for all. What do you think—would you switch to a FIFO-based chain?