Economic fairness pertains to the equitable distribution of resources, opportunities, and outcomes within an economic system. In the context of digital assets, this often relates to issues such as fair token distribution, resistance to centralization of wealth or control, and transparent access to financial services. It addresses whether participants receive a just share of value proportional to their contributions. This concept is central to many decentralized movements.
Context
Debates surrounding economic fairness are prominent in discussions about initial coin offerings (ICOs), decentralized finance (DeFi) protocols, and proof-of-stake reward mechanisms. News reports frequently analyze whether new digital asset models genuinely democratize finance or inadvertently replicate existing wealth disparities. Achieving economic fairness is a stated goal for many blockchain projects, though its realization remains a complex challenge.
Introducing the SAKA mechanism, this work circumvents TFM impossibility results by integrating MEV searchers to align incentives and guarantee approximate welfare.
A new two-step submission algorithm for zero-knowledge proofs fundamentally decentralizes the ZK-Rollup prover role, eliminating single-node failure risk and distributing economic rewards.
A novel Proof-of-Learning mechanism replaces Byzantine security with incentive-security, provably aligning rational agents to build a decentralized AI compute market.
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