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by mhluongo 3117 days ago
Not quite. You have to trust that they aren't colluding. It's fine if they're malicious as long as they aren't aligned
1 comments

It's not fine if 51% of miners are maliciously mining empty blocks. no collusion necessary.
If 51% are simply mining empty blocks then tx rate drops by ~1/2 and tx fees double. tx would still go through unless they are colluding.