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The vast mining network is required to prevent a malicious party from double spending. If all the nodes are trusted then you can just assume nodes will not perf
by webkike 11y ago
The vast mining network is required to prevent a malicious party from double spending. If all the nodes are trusted then you can just assume nodes will not perform fraudulent bahviour
- sanswork 11y agoThey don't even have to be trusted just known. The mining is to distribute 'fairly' who can create the next block. If you know all the participants round robin works just as well.
- ATsch 11y agois being able to trust the network even with malicious actors not the whole purpose of the blockchain?