Hector Chu [ARCHIVE] on Nostr: đ
Original date posted:2015-08-17 đ Original message:On 15 August 2015 at ...
đ
Original date posted:2015-08-17
đ 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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Published at
2023-06-07 17:35:44Event JSON
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Original date posted:2015-08-17\nđ Original message:On 15 August 2015 at 18:43, Satoshi Nakamoto via bitcoin-dev \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\n\u003e I suspect we need a better incentive for users to run nodes instead of\n\u003e relying solely on altruism.\n\u003e\n\nIs he talking about \"full nodes\" i.e. validating-only, or nodes in the\nsense of the original whitepaper (i.e. miners)? Because there is already\nplenty of incentive for running a node (i.e. the coinbase).\n\nThe issue is that the reward is more or less like a decentralised lottery\nwith high entry cost. If the income could be smoothed like in a mining\npool, without actually being a mining pool, then perhaps more people would\npay to enter the mining game. A bit like making P2Pool the one and only\npool allowed on the network.\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150817/4c6230a0/attachment.html\u003e",
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