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It doesn't let me post a comment so I'll post as an answer instead to dioyziz's answer. I don't see how this is secure because private keys are free to make. So the person with the most private keys and running the most nodes has an advantage as they can generate the most hashes for that particular timestamp. Which essentially turns it into proof-of-work ...


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Nodes follow the chain with the most cumulative work, not the lowest hash of the latest block (which would be most work for the current block).


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