So from this video the system knows:
Where in the compression stroke
The throttle position
and it compares the front and rear wheel speed
Power is moderated by manipulating air & spark
Indirectly, we know that the ECU can know the speed-over-ground from the wheel speed. We don't know if the MPH is a controlling parameter for traction control.
We don't know if the system (when in mode 2) gives itself a head start for reaction at higher rpm, in higher gears.
Current Rides: '14 DL1000 ADV, '06 SV650N, '93 900CBRR, '74 Ducati 750GT ['02 BMW K1200rs SOLD Aug '17]