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It's not "lottery as a banking system", because there are rules for validators for failing over and others replacing them. This is what complex consensus mechan
by miohtama 4y ago
It's not "lottery as a banking system", because there are rules for validators for failing over and others replacing them. This is what complex consensus mechanisms are about - how to have 100% uptime instead of few nines. The system has built in incentives for the operators to keep it running smoothly, but still not being unable to change or reject the transaction payloads, like PayPal or banking system could.