We might walk together, but I run faster: Network Fairness and Scalability in Blockchains

Blockchain-based Distributed Ledgers (DLs) promise to transform the existing financial system by making it truly democratic. In the past decade, blockchain technology has seen many novel applications ranging from the banking industry to real estate. However, in order to be adopted universally, blockchain systems must be scalable to support a high volume of transactions. As we increase the throughput of the DL system, the underlying peer-to-peer network might face multiple levels of challenges to...