The #OmniLedger paper makes me shake my head: the authors have no clue what security is. If your security depends on attackers controlling fewer than 25% nodes (or even 95%, even with some PoW requirements), you've never heard of botnets.
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Most people assume the comfort of an environment they can trust, then based on those assumptions fancy redesigns of the infrastructure that sustains this environment. In software as in politics, this attitude only leads to absurd designs that cause great suffering if implemented.
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