Kevin Greene [ARCHIVE] on Nostr: 📅 Original date posted:2015-06-16 📝 Original message:On Mon, Jun 15, 2015 at ...
📅 Original date posted:2015-06-16
📝 Original message:On Mon, Jun 15, 2015 at 8:41 PM, Luke Dashjr <luke at dashjr.org> wrote:
> On Tuesday, June 16, 2015 3:30:44 AM Kevin Greene wrote:
> > Would SPV wallets have to pay to connect to the network too? From the
> > user's perspective, it would be somewhat upsetting (and confusing) to see
> > your balance slowly draining every time you open your wallet app. It
> would
> > also tie up outputs every time you open up your wallet. You may go to pay
> > for something in a coffee shop, only to find that you can't spend your
> > bitcoin because the wallet had to create a transaction to pay to sync
> with
> > the network.
> >
> > Also, users of centralized wallet services like Coinbase would not have
> to
> > pay that fee; but users of native wallets like breadwallet would have no
> > such option. This incentivizes users to use centralized wallets.
> >
> > So this is kind of imposing a worse user experience on users who want to
> > use bitcoin the "right" way. That doesn't seem like a good thing to me :/
>
> SPV isn't the "right" way either ;)
>
Hah, fair enough, there is no such thing as the "right" way to do
anything. But I still think punishing users who use SPV wallets is a
less-than-ideal way to incentive people to run full nodes. Right now SPV is
the best way that exists for mobile phones to participate in the network in
a decentralized way. This proposal makes the user experience for mobile
wallets a little more confusing and annoying.
>
> If you're running a full node (the real "right way"), you should be able to
> earn more bitcoins than you pay out.
>
> Luke
>
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📝 Original message:On Mon, Jun 15, 2015 at 8:41 PM, Luke Dashjr <luke at dashjr.org> wrote:
> On Tuesday, June 16, 2015 3:30:44 AM Kevin Greene wrote:
> > Would SPV wallets have to pay to connect to the network too? From the
> > user's perspective, it would be somewhat upsetting (and confusing) to see
> > your balance slowly draining every time you open your wallet app. It
> would
> > also tie up outputs every time you open up your wallet. You may go to pay
> > for something in a coffee shop, only to find that you can't spend your
> > bitcoin because the wallet had to create a transaction to pay to sync
> with
> > the network.
> >
> > Also, users of centralized wallet services like Coinbase would not have
> to
> > pay that fee; but users of native wallets like breadwallet would have no
> > such option. This incentivizes users to use centralized wallets.
> >
> > So this is kind of imposing a worse user experience on users who want to
> > use bitcoin the "right" way. That doesn't seem like a good thing to me :/
>
> SPV isn't the "right" way either ;)
>
Hah, fair enough, there is no such thing as the "right" way to do
anything. But I still think punishing users who use SPV wallets is a
less-than-ideal way to incentive people to run full nodes. Right now SPV is
the best way that exists for mobile phones to participate in the network in
a decentralized way. This proposal makes the user experience for mobile
wallets a little more confusing and annoying.
>
> If you're running a full node (the real "right way"), you should be able to
> earn more bitcoins than you pay out.
>
> Luke
>
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