Building Fair Markets: A New Censorship-Resistant Consensus

TL;DR: The Aptos global trading engine works best if the markets are maximally fast, fair, and efficient. A new paper from Aptos Labs researchers Zhuolun Xiang, Andrei Tonkikh and Alexander Spiegelman breaks new ground with Prefix Consensus, the first leaderless consensus primitive with formalized anti-censorship and fairness guarantees. Today’s centralized markets still reward proximity: those closest to the matching engine see and act on information first.