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by dreit1 3145 days ago
This is called delegated byzantine fault tolerance, and what blockchains like NEO and ARK use this, or a variation of it to provide consensus. Token holders basically "elect" the super nodes, and if any begin to act untrustworthy they are "voted out." I'm a fan of this consensus styles because blockchains become semi centralized over time. Maybe not in the technical full validating node way, but certainly politically centralized.