AgoristView on Nostr: If you run a node then you are the bank updating & auditing the whole system for ...

If you run a node then you are the bank updating & auditing the whole system for yourself. It's a ledger & the rules cannot be changed on your instance without your voluntary participation. If anyone attempts to make a change that is incompatible with the many thousands of nodes then they simply exclude themselves from the network.

If you mine (participate in the number guessing lottery that the network uses for coordination) & are successful then the rules unlock some portion of the remaining tokens yet to be moved (of the total 21mil) just for you. You are also rewarded with some transaction fees from those who made transactions in the block (page of the ledger) you assembled when you won the mining lottery.