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<p>[QUOTE="InfleXion, post: 2970170, member: 29012"]It isn't about being king of the hill. It's about the totality of those in the pool determining which transactions are valid and which are bogus. If it takes X amount of miners to validate a transaction, and it takes Y amount of miners to invalidate the same transaction, all it takes is for X to be continually greater than Y to have control where X is acting as a unit (a worm) and Y is the existing market. The worm being comprised of countless other independent devices means that you wouldn't be able to exclude them by any sort of filtering method. The distributed system could be primarily comprised of counterfeiters. It's not a fox in the henhouse. It's more like a wolf pack where the number of wolves outnumbers the number of sheep.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 2970170, member: 29012"]It isn't about being king of the hill. It's about the totality of those in the pool determining which transactions are valid and which are bogus. If it takes X amount of miners to validate a transaction, and it takes Y amount of miners to invalidate the same transaction, all it takes is for X to be continually greater than Y to have control where X is acting as a unit (a worm) and Y is the existing market. The worm being comprised of countless other independent devices means that you wouldn't be able to exclude them by any sort of filtering method. The distributed system could be primarily comprised of counterfeiters. It's not a fox in the henhouse. It's more like a wolf pack where the number of wolves outnumbers the number of sheep.[/QUOTE]
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