From: Tamas Blummer <tamas@bitsofproof•com>
To: Jameson Lopp <jameson.lopp@gmail•com>
Cc: Bitcoin Dev <bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] A solution to increase the incentive of running a node
Date: Fri, 21 Aug 2015 22:50:58 +0200 [thread overview]
Message-ID: <0CC6B26F-AB95-423A-B6D3-5852BD2863AA@bitsofproof.com> (raw)
In-Reply-To: <CADL_X_duSHosyMAfOXPv7WcWKTY19Q2i+_zFSuuGbGantbbmRw@mail.gmail.com>
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Jameson,
I like your thinking about the implicit reward of full nodes. It was not perceived as sufficient by many, hence full node counts were falling.
This might reverse now as the implicit value of validating yourself however becomes higher in a heterogenous environment, that is if there are hard forks in the wild.
Actually pooled mining became an option through the homogenous nature of the network.
Tamas Blummer
> On Aug 19, 2015, at 13:42, Jameson Lopp via bitcoin-dev <bitcoin-dev@lists•linuxfoundation.org> wrote:
>
> The incentives for running a node may not be obvious to the average user, but they are there. Rather than direct monetary incentives, they are indirect. For one, it allows you to have a local copy of the blockchain that you validated yourself - trustlessness is the entire point of this system. Having local self-validated blockchain data is also essential for any enterprise that needs to quickly access large volumes of it. The other incentive is it supports the network. Users may feel that this is necessary out of altruism or they may feel incentivized to protect their investments in Bitcoin.
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next prev parent reply other threads:[~2015-08-21 20:51 UTC|newest]
Thread overview: 9+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-08-19 11:15 Hector Chu
2015-08-19 11:42 ` Jameson Lopp
2015-08-19 11:48 ` Hector Chu
2015-08-19 12:08 ` Jameson Lopp
2015-08-19 12:15 ` Hector Chu
2015-08-19 12:44 ` Jameson Lopp
2015-08-19 12:51 ` Hector Chu
2015-08-21 20:50 ` Tamas Blummer [this message]
2015-08-21 21:12 ` Sergio Demian Lerner
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