From: "sickpig@gmail•com" <sickpig@gmail•com>
To: "Raystonn ." <raystonn@hotmail•com>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] The Bitcoin Node Market
Date: Mon, 15 Jun 2015 21:18:49 +0200 [thread overview]
Message-ID: <CA+c4ZoyjmfFO+3+Zqvjabk1KuezuV42pvPNa57JPzJCAePJ5hw@mail.gmail.com> (raw)
In-Reply-To: <COL131-DS1BD3015F98131D224B0D6CDB80@phx.gbl>
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Sorry for top posting and the brevity but I'm typing from my phone
You shoud be interested in this post by Justus Ranvier then:
https://bitcoinism.liberty.me/economic-fallacies-and-the-block-size-limit-part-2-price-discovery/
On Jun 15, 2015 8:57 PM, "Raystonn ." <raystonn@hotmail•com> wrote:
> I have been toying with an idea and figured I'd run it by everyone here
> before investing further time in it. The goal here is to make it
> sustainable, and perhaps profitable, to run full nodes on the Bitcoin
> Network in the long term.
>
> - Nodes can participate in a market wherein they are paid by nodes,
> wallets,
> and other services to supply Bitcoin Network data. Payment should be based
> on the cost imposed on the Node to do the work and send the data, but can
> be
> set in any way the node operator desires. It's a free market.
> - Nodes that are mostly leeching data from the Bitcoin Network, such as
> those that do not receive inbound connections to port 8333, will send
> payments to the nodes they connect to, but will likely receive no payments
> from other nodes, wallets, and other services.
> - Nodes that are providing balanced full service to the Bitcoin Network
> will
> tend to have a balance of payments coming in and going out with regards to
> other balanced full service nodes, leaving them revenue neutral there. But
> they will receive payments from leech nodes, wallets, and other services.
>
> The net effect here is that the cost to run nodes will be shared by those
> who are using the Bitcoin network but not contributing by running a full
> node. A market will develop for fees to connect to the Bitcoin Network
> which should help cover the cost of running the Network. It's still
> possible to continue offering access to your node for free as there is
> nothing forcing you to charge a fee. But this isn't very sustainable
> long-run. Market efficiencies should eventually mean nodes take in only
> what is required to keep the Network operational.
>
> Raystonn
>
>
>
> ------------------------------------------------------------------------------
> _______________________________________________
> Bitcoin-development mailing list
> Bitcoin-development@lists•sourceforge.net
> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
>
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next prev parent reply other threads:[~2015-06-15 19:18 UTC|newest]
Thread overview: 37+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-06-14 21:23 [Bitcoin-development] comments on BIP 100 Adam Back
2015-06-14 22:23 ` Mike Hearn
2015-06-14 23:58 ` Adam Back
2015-06-15 0:53 ` Eric Lombrozo
2015-06-15 0:55 ` Eric Lombrozo
2015-06-15 4:11 ` Peter Todd
2015-06-15 4:43 ` Eric Lombrozo
2015-06-15 9:27 ` Mike Hearn
2015-06-15 9:39 ` Eric Lombrozo
2015-06-15 10:24 ` Pieter Wuille
2015-06-15 10:36 ` Mike Hearn
2015-06-15 10:40 ` Pieter Wuille
2015-06-15 10:50 ` Mike Hearn
2015-06-15 11:16 ` Rebroad (sourceforge)
2015-06-15 17:53 ` Raystonn .
2015-06-15 18:14 ` Adam Back
2015-06-15 18:57 ` [Bitcoin-development] The Bitcoin Node Market Raystonn .
2015-06-15 19:18 ` sickpig [this message]
2015-06-15 19:36 ` Raystonn .
2015-06-15 20:12 ` sickpig
2015-06-16 3:30 ` Kevin Greene
2015-06-16 3:41 ` Luke Dashjr
2015-06-16 3:49 ` Kevin Greene
2015-06-16 4:05 ` Kevin Greene
2015-06-16 4:12 ` Aaron Voisine
2015-06-16 5:28 ` justusranvier
2015-06-16 5:30 ` Potter QQ
2015-06-16 7:55 ` Aaron Voisine
2015-06-16 13:32 ` justusranvier
2015-06-16 17:04 ` Aaron Voisine
2015-06-16 17:22 ` Aaron Voisine
2015-06-16 15:52 ` devrandom
2015-06-15 4:43 ` [Bitcoin-development] comments on BIP 100 Peter Todd
2015-06-15 9:06 ` Mike Hearn
2015-06-15 2:28 ` Jeff Garzik
2015-06-15 2:44 ` Jeff Garzik
2015-06-16 4:38 [Bitcoin-development] The Bitcoin Node Market Raystonn
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