There is still a speed advantage. You can look at correlated markets for example and trade at the end of the time window with 5 seconds more info than anyone trading at the start of the time window.
Except with the randomness you won't know if the window is 5 seconds or 10 or anything in between. So sure you could send in your bit at 4.99 seconds but it won't matter if you're a few microseconds off.
Except with the randomness you won't know if the window is 5 seconds or 10 or anything in between. So sure you could send in your bit at 4.99 seconds but it won't matter if you're a few microseconds off.