A decentralized committee is a group of participants responsible for specific functions within a blockchain network, operating without a central authority. Its members are selected through a distributed, often algorithmic, process. This structure aims to reduce single points of failure and enhance censorship resistance. Such committees are crucial for maintaining the integrity and security of various decentralized protocols.
Context
The operational integrity of many proof-of-stake blockchains and decentralized autonomous organizations relies heavily on the design and performance of decentralized committees. Debates frequently concern the methods for committee selection and the incentives required to ensure honest participation. Future developments aim to enhance the robustness and fairness of these committees against various forms of collusion or attack.
The Threshold-Secret-Shared Block Construction mechanism uses distributed cryptography to transform centralized MEV extraction into a fair, cooperative process.
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