An Absolute Honest Majority signifies that over half of a decentralized network’s participants are operating truthfully and adhering to established protocol rules. This collective integrity is fundamental for ensuring the security and validity of transactions on a blockchain. It assumes that a substantial portion of network participants will not collude to compromise the system. The overall resilience of the system depends on this assumption to prevent malicious actors from gaining control.
Context
Discussions frequently concern the practical attainability of an absolute honest majority in expansive, open networks. Concerns arise regarding potential centralization or vulnerabilities if a significant portion of computational power or staked assets becomes controlled by a single entity. Future developments concentrate on consensus mechanisms that can sustain security even with a lower honest majority threshold.
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