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QUESTION: Will validator nodes have some sort of discretion in

the validation of transactions or data? Or, if one simply keeps his node software up to date and running he should be OK and not get booted? Sorry, not quite understanding.

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Right now you just install the node software and are done. With node spectrums being released this could change though because we can have nodes with lower hardware requirements that could be specialised in certain transactions or data processing.

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