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What are the effects of running a stellar-core node on slow/weak hardware, e.g. not meeting stellar-core hw requirements?

Does that create a problem for consensus? If so, are only those affected, who use this slow node as validator?

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If the node cannot catch up, it will fall behind in the ledger state. This is a problem for anyone who uses horizon on that node. However, it would only be a problem for consensus if other nodes placed the slow node in their quorum slices, which they are unlikely to do if you can't keep up with the network.

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