Fairness Notions in DAG-based DLTs. (arXiv:2308.04831v1 [cs.CR])

This paper investigates the issue of fairness in Distributed Ledger
Technology (DLT), specifically focusing on the shortcomings observed in current
blockchain systems due to Miner Extractable Value (MEV) phenomena and systemic
centralization. We explore the potential of Directed Acyclic Graphs (DAGs) as a
solution to address or mitigate these fairness concerns. Our objective is to
gain a comprehensive understanding of fairness in DAG-based DLTs by examining
its different aspects and measurement metrics. We aim to establish a shared
knowledge base …

address blockchain centralization current distributed distributed ledger dlt fairness graphs issue ledger mev miner solution systems technology value