Hector Chu [ARCHIVE] on Nostr: 📅 Original date posted:2015-08-17 📝 Original message:On 15 August 2015 at ...
📅 Original date posted:2015-08-17
📝 Original message:On 15 August 2015 at 18:43, Satoshi Nakamoto via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:
> I suspect we need a better incentive for users to run nodes instead of
> relying solely on altruism.
>
Is he talking about "full nodes" i.e. validating-only, or nodes in the
sense of the original whitepaper (i.e. miners)? Because there is already
plenty of incentive for running a node (i.e. the coinbase).
The issue is that the reward is more or less like a decentralised lottery
with high entry cost. If the income could be smoothed like in a mining
pool, without actually being a mining pool, then perhaps more people would
pay to enter the mining game. A bit like making P2Pool the one and only
pool allowed on the network.
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📝 Original message:On 15 August 2015 at 18:43, Satoshi Nakamoto via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:
> I suspect we need a better incentive for users to run nodes instead of
> relying solely on altruism.
>
Is he talking about "full nodes" i.e. validating-only, or nodes in the
sense of the original whitepaper (i.e. miners)? Because there is already
plenty of incentive for running a node (i.e. the coinbase).
The issue is that the reward is more or less like a decentralised lottery
with high entry cost. If the income could be smoothed like in a mining
pool, without actually being a mining pool, then perhaps more people would
pay to enter the mining game. A bit like making P2Pool the one and only
pool allowed on the network.
-------------- next part --------------
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