Also whats to stop a bad actor from creating as many wallets/nodes as he/she wishes and capturing the data / stealing incoming transactions. This was done with XC rev 1.0 and the same applies to Cloak's design.
A system we have put in place to require a small investment to be a node thus stopping unlimited bad nodes by investment deterrence.
small investment...isnt that the same as masternodes for DRK???
additionally, how will you blacklist - XC had its dynamic learning trust system which went down the drain....any black listing system is easily flawed and centralized.