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Look at how certificate transparency is done.. a few servers using same protocol is all it takes. Most crypto-things have this idea that they servers validatin
by jopsen 8y ago
Look at how certificate transparency is done.. a few servers using same protocol is all it takes.
Most crypto-things have this idea that they servers validating transactions have to be compensated and that anyone can do this validation. (validation == mining)
Having a few well regulated entities do all the mining is a centralized system that can be verified externally. Without all the cost of decentralization. And with the added security that validators are trusted entities.