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A comment on On blockchains and why secure ledgers don't require proof-of-work. Parent comment
The block reward incentivizes participants. Why should I run a monitor node for this new cryptocoin? Who will allocate the coins and how?
> Am I certain that I need strict global consensus?
Perhaps not but IMO it makes things much simpler to design as a result.
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The block reward incentivizes participants. Why should I run a monitor node for this new cryptocoin? Who will allocate the coins and how?
> Am I certain that I need strict global consensus?
Perhaps not but IMO it makes things much simpler to design as a result.