đ
Original date posted:2013-08-18
đ Original message:Peter said:
"In any case given that SPV peers don't contribute back to the network
they should obviously be heavily deprioritized and served only with
whatever resources a node has spare."
This seems very much like a "cut off your nose to spite your face" solution.
SPV peers are INCREDIBLY IMPORTANT to the growth of Bitcoin; much more
important than nodes that have the bandwidth and disk I/O capability of
being a full node. Bitcoin will be just fine if there are never more than
10,000 big, beefy, full nodes forming the backbone of the network, but will
be NOTHING if we don't support tens of millions of lightweight SPV devices.
Ok, that's an exaggeration, Bitcoin would be just fine in an Electrum model
where tens of millions of lightweight devices rely 100% on a full node to
operate. But I would prefer the more decentralized, less-trust-required SPV
model.
--
--
Gavin Andresen
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Gavin Andresen [ARCHIVE] /
npub1s4âŚd44kw
2023-06-07 15:06:15
in reply to nevent1qâŚjd2n
Author Public Key
npub1s4lj77xuzcu7wy04afcr487f0r3za0f8n2775xrpkld2sv639mjqsd44kwPublished at
2023-06-07 15:06:15Event JSON
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"content": "đ
Original date posted:2013-08-18\nđ Original message:Peter said:\n\"In any case given that SPV peers don't contribute back to the network\nthey should obviously be heavily deprioritized and served only with\nwhatever resources a node has spare.\"\n\nThis seems very much like a \"cut off your nose to spite your face\" solution.\n\nSPV peers are INCREDIBLY IMPORTANT to the growth of Bitcoin; much more\nimportant than nodes that have the bandwidth and disk I/O capability of\nbeing a full node. Bitcoin will be just fine if there are never more than\n10,000 big, beefy, full nodes forming the backbone of the network, but will\nbe NOTHING if we don't support tens of millions of lightweight SPV devices.\n\nOk, that's an exaggeration, Bitcoin would be just fine in an Electrum model\nwhere tens of millions of lightweight devices rely 100% on a full node to\noperate. But I would prefer the more decentralized, less-trust-required SPV\nmodel.\n\n-- \n--\nGavin Andresen\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20130819/eb22a43d/attachment.html\u003e",
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