Post
Topic
Board Development & Technical Discussion
Re: A new consensus that promises high levels of security (PoH)
by
Wind_FURY
on 31/08/2018, 07:59:03 UTC
seems pretty interesting but how would you know a dishonest node over an honest node what evidence would there be, and also as a miner would you only get a reward if people choose your node?

From what I have read Dishonest and honest nodes are selected based on unanimity of users who has inserted their transactions for validation.A miner still gets reward if he is honest but still not selected. It feels like you are rewarded for keeping the system "Honest".

That suggests that the network should trust other users to act in good faith which is already a security hole itself in my opinion. A decentralized network should never require third party trust. This is why Bitcoin robustly works.