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Comment by runeks

Is the intended purpose of the Tendermint protocol to solve the double spend problem, thus allowing the creation of digital tokens?

And, if so, wouldn’t the market value of these tokens be limited to whatever it costs to bring 2n dishonest nodes, where n is the current number of nodes in the network (thus reaching 2/3 majority), and hereby allowing you to define the transaction history (and assigning all tokens to yourself and sell them in the open market — which will be profitable if the market value of the tokens exceeds the cost of bringing up the dishonest nodes)?

parent runeks 9 years ago

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