The honest majority assumption posits that more than half of the participants in a decentralized network will act honestly and follow the protocol rules. This fundamental principle underpins the security of many blockchain consensus mechanisms, particularly in proof-of-work and proof-of-stake systems. It guards against malicious actors attempting to subvert the network.
Context
News reports frequently reference the honest majority assumption when discussing the security and decentralization of various blockchain protocols. Debates often center on the practical feasibility of maintaining such a majority in large-scale networks. Concerns arise if economic incentives or political pressures could compromise this crucial security premise.
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