Tom Zander [ARCHIVE] on Nostr: 📅 Original date posted:2017-03-30 📝 Original message:On Wednesday, 29 March ...
📅 Original date posted:2017-03-30
📝 Original message:On Wednesday, 29 March 2017 21:50:48 CEST Raystonn . via bitcoin-dev wrote:
> Low node costs are a good goal for nodes that handle transactions the node
> operator can afford. Nobody is going to run a node for a network they do
> not use for their own transactions. If transactions have fees that
> prohibit use for most economic activity, that means node count will drop
> until nodes are generally run by those who settle large amounts. That is
> very centralizing.
>
> Raystonn
The idea that people won’t run a node for a network they don’t use for their
own transactions is a very good observation and a good reason to get on-
chain scaling happening well before lightning hits.
--
Tom Zander
Blog:
https://zander.github.ioVlog:
https://vimeo.com/channels/tomscryptochannelPublished at
2023-06-07 17:58:26Event JSON
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"content": "📅 Original date posted:2017-03-30\n📝 Original message:On Wednesday, 29 March 2017 21:50:48 CEST Raystonn . via bitcoin-dev wrote:\n\u003e Low node costs are a good goal for nodes that handle transactions the node\n\u003e operator can afford. Nobody is going to run a node for a network they do\n\u003e not use for their own transactions. If transactions have fees that\n\u003e prohibit use for most economic activity, that means node count will drop\n\u003e until nodes are generally run by those who settle large amounts. That is\n\u003e very centralizing.\n\u003e \n\u003e Raystonn\n\nThe idea that people won’t run a node for a network they don’t use for their \nown transactions is a very good observation and a good reason to get on-\nchain scaling happening well before lightning hits. \n\n-- \nTom Zander\nBlog: https://zander.github.io\nVlog: https://vimeo.com/channels/tomscryptochannel",
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