I have been noticing for some time the problem which Mike H. identified as
how we are bleeding nodes ~ losing nodes over time.
This link was referenced in the coindesk article of May 9, 2014:
Hi Odinn,
I think trying to incentivise nodes with money is tricky: it makes
intuitive sense but right now the market is flooded with supply relative to
demand. Yes, we worry about the falling number of nodes, but that's for
reasons that aren't really economic: the more nodes we have, the bigger
How can there be any kind of lottery that doesn't involve proof of work or
proof of stake? Without some resource-limiting factor, there is no way to limit
the number of lottery tickets any given individual could acquire. The very
process of Bitcoin mining was invented specifically to overcome
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On 06/16/2014 04:25 PM, Matt Whitlock wrote:
How can there be any kind of lottery that doesn't involve proof of
work or proof of stake? Without some resource-limiting factor,
there is no way to limit the number of lottery tickets any given
On Monday, 16 June 2014, at 5:07 pm, Justus Ranvier wrote:
On 06/16/2014 04:25 PM, Matt Whitlock wrote:
How can there be any kind of lottery that doesn't involve proof of
work or proof of stake? Without some resource-limiting factor,
there is no way to limit the number of lottery tickets
This is a cool idea, but doesn't it generate some perverse incentives? If
I'm running a full node and I want to pay CheapAir for some plane tickets,
I'll want to pay in the greatest number of individual transactions possible
Peers can calculate rewards based on number of inputs or total kb
On Monday, 16 June 2014, at 7:59 pm, Mike Hearn wrote:
This is a cool idea, but doesn't it generate some perverse incentives? If
I'm running a full node and I want to pay CheapAir for some plane tickets,
I'll want to pay in the greatest number of individual transactions possible
Peers
- Original Message -
From: Matt Whitlock b...@mattwhitlock.name
Sent: 2014/06/16 - 13:10
To: Mike Hearn m...@plan99.net, Justus Ranvier justusranv...@gmail.com
Subject: Re: [Bitcoin-development] Incentivizing the running of full nodes
On Monday, 16 June 2014, at 7:59 pm, Mike Hearn wrote
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On 06/16/2014 07:00 PM, Justus Ranvier wrote:
There can be multiple independent transport networks for Bitcoin.
There already is: ipv4, ipv6, Tor, and native_i2p (out of tree
patch).
As long as multihomed hosts that act as bridges then
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