devrandom [ARCHIVE] on Nostr: 📅 Original date posted:2015-06-16 📝 Original message:On 2015-06-16 12:55 AM, ...

📅 Original date posted:2015-06-16
📝 Original message:On 2015-06-16 12:55 AM, Aaron Voisine wrote:
>> Suppose a billion mobile phones wanted to run SPV wallets tomorrow. Who
>> would provide the nodes they would need connect to?
>
> The SPV wallet author would if they wanted their wallet to function.

I would also guess that the cost to provide service to SPV wallets is
less than $0.01/mo per wallet and in any case less than long-term
transaction fees. This can either be taken up by the wallet author or
transparently through a payment channel by the user.

>
>
> Aaron Voisine
> co-founder and CEO
> breadwallet.com <http://breadwallet.com>;

--
devrandom / Miron