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My assumption is that FAILURE_SAFETY refers to how many nodes in your quorum slice you allow to fail while QUORUM_THRESHOLD refers to the percentage of nodes in an quorum that's necessary to come to a consensus?

So I if configure 3 validator nodes with FAILURE_SAFETY=1 and QUORUM_THRESHOLD=66, that means if more than one of the 3 nodes fail I will fail while QUORUM_THRESHOLD may contain other nodes that are not part of my configuration?

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