📅 Original date posted:2015-08-17
📝 Original message:On Mon, Aug 17, 2015 at 7:16 PM, Hector Chu via bitcoin-dev
<bitcoin-dev at lists.linuxfoundation.org> wrote:
> 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).
One can mine without running a node, unfortunately, thats where the
comments about pooled mining come from.
Also, this distionction between full nodes that "Validate" and
(presumably) SPV wallets that don't validate isn't consistent with the
design of Bitcoin.
> enter the mining game. A bit like making P2Pool the one and only pool
> allowed on the network.
Thats been suggested, though scalablity reasons make this hard: in the
P2Pool design there is a substantial tradeoff in variance reduction vs
communicatoin costs.
Gregory Maxwell [ARCHIVE] /
npub1f2…crwet
2023-06-07 17:35:44
in reply to nevent1q…jg2c
Author Public Key
npub1f2nvlx49er5c7sqa43src6ssyp6snd4qwvtkwm5avc2l84cs84esecrwetSeen on
wss://relay.nostr.bandPublished at
2023-06-07 17:35:44Event JSON
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"content": "📅 Original date posted:2015-08-17\n📝 Original message:On Mon, Aug 17, 2015 at 7:16 PM, Hector Chu via bitcoin-dev\n\u003cbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\u003e On 15 August 2015 at 18:43, Satoshi Nakamoto via bitcoin-dev\n\u003e \u003cbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\u003e\u003e\n\u003e\u003e I suspect we need a better incentive for users to run nodes instead of\n\u003e\u003e relying solely on altruism.\n\u003e\n\u003e\n\u003e Is he talking about \"full nodes\" i.e. validating-only, or nodes in the sense\n\u003e of the original whitepaper (i.e. miners)? Because there is already plenty of\n\u003e incentive for running a node (i.e. the coinbase).\n\nOne can mine without running a node, unfortunately, thats where the\ncomments about pooled mining come from.\n\nAlso, this distionction between full nodes that \"Validate\" and\n(presumably) SPV wallets that don't validate isn't consistent with the\ndesign of Bitcoin.\n\n\u003e enter the mining game. A bit like making P2Pool the one and only pool\n\u003e allowed on the network.\n\nThats been suggested, though scalablity reasons make this hard: in the\nP2Pool design there is a substantial tradeoff in variance reduction vs\ncommunicatoin costs.",
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