I'm mostly a lurker here, so this is my first post.
I'm sure everyone is following all the crypto action these days. One of the topics that I have not seen come up before is the potential impact that distributed exchanges will have on HFT algos.
The folks at RippleLabs had a thought provoking blogpost about it: https://ripple.com/blog/ripples-distributed-exchange-and-the-high-frequency-trading-arms-race/
Anyone worried yet?