A Consensus Fairness Protocol is a set of rules and mechanisms within a distributed ledger system designed to ensure equitable participation and outcome for network participants. This protocol seeks to minimize advantages for specific actors, such as validators or miners, in transaction ordering or block production. It promotes a level playing field, aiming to prevent manipulation or undue influence over the network’s operation. The objective is to uphold the integrity and impartiality of the consensus process.
Context
Debates surrounding consensus fairness protocols are prominent in discussions about blockchain decentralization and resistance to censorship. Researchers actively investigate mechanisms to counter issues like Maximal Extractable Value (MEV) and validator collusion. The pursuit of perfect fairness often involves trade-offs with other protocol properties like efficiency or security. Continuous research and development aim to refine these protocols for more robust and equitable distributed systems.
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