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What prevents the rich validators from slashing non-rich users so they don't lose their majority?
by Cameri 4y ago
What prevents the rich validators from slashing non-rich users so they don't lose their majority?
- zeroclip 4y agoIt’s not the majority of stake that controls the chain, it’s the majority of honest users. Rich validators can collude to have 51% staking power and start to exert unwanted force, like censoring blocks for their own profit or doing something else unwanted, but the majority of honest users can decide to coordinate a soft fork and point their clients at a new chain. The controlling validators will only be rich on the old chain.