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The Sybil attack doesn't work against SCP because, unlike proof-of-stake, the validators are not anonymous. E.g., are you using Stronghold dollars? Then put their validators in all of your quorum slices and you will be guaranteed not to be forked from them. Eventually, every exchange and issuer should designate one or more validators. By including the validators of the institutions you care about in your quorum slices, you know you will be able to redeem and trade the tokens at those places.

Now what makes SCP different from traditional BFT replication is not just that the quorums are defined in a decentralized way, but that they require a transitive closure of dependencies. So if you depend on stronghold and stronghold depends IBM and binance also depends on IBM, then even if you don't think you care about binance, you will still remain in sync with them.



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