I'm unclear on this. I don't know enough to be sure it's not, but I know enough to know that the tech it's potentially offering is something that would be extremely useful, and it would be more profitable to not be a scam.
ok this makes more sense for me would we expect to start seeing a ... slowdown? if more transactions take place on one or a few computers? what is the impact on a blockchain if the processing power is more limited?
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so the issue isn’t processing power, but consensus and transparency if there aren’t other nodes validating the work, they could be doing anything they want to change bitclout transactions
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That would be the least of the issues with their setup. The larger possibility is that from one day to the other Bitclout disappears and people lose money or source of income by having the rug pulled from under their feet.
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