Network fairness refers to the equitable distribution of opportunities and outcomes among all participants within a decentralized network. This concept ensures that no single entity or group holds undue influence or receives preferential treatment. In blockchain systems, it relates to fair access to transaction processing, block proposal opportunities, and governance mechanisms. Achieving network fairness is a core objective for decentralized technologies.
Context
Discussions surrounding network fairness are common in crypto news, particularly when evaluating the decentralization and integrity of various blockchain protocols. Concerns about mining centralization, validator cartelization, or unequal token distribution often highlight challenges to achieving true fairness. Ongoing research and protocol upgrades frequently aim to enhance these aspects, influencing the long-term viability and public perception of digital assets.
This research introduces a novel blockchain consensus mechanism leveraging publicly verifiable randomness to ensure unbiased participant selection, fostering greater network fairness and integrity.
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