Re: [bitcoin-dev] Proof of Nodework (PoNW) - a method to trustlessly reward nodes for storing and verifying the blockchain

2017-02-14 Thread Aymeric Vitte via bitcoin-dev
ino Network. > > > Regards, > > > John Hardy > > > > -------------------- > *From:* Sergio Demian Lerner <mailto:sergio.d.ler...@gmail.com>> > *Sent:* Sunday, February 12, 2017 8:2

Re: [bitcoin-dev] Proof of Nodework (PoNW) - a method to trustlessly reward nodes for storing and verifying the blockchain

2017-02-13 Thread Sergio Demian Lerner via bitcoin-dev
blish it. Credibility is very easily lost. The same idea (Ephemeral Data) has been used to design the Lumino Network. > > Regards, > > > John Hardy > > > -- > *From:* Sergio Demian Lerner > *Sent:* Sunday, February 12, 2017 8:22 PM > *To:*

Re: [bitcoin-dev] Proof of Nodework (PoNW) - a method to trustlessly reward nodes for storing and verifying the blockchain

2017-02-13 Thread John Hardy via bitcoin-dev
12, 2017 8:22 PM To: John Hardy; Bitcoin Protocol Discussion Subject: Re: [bitcoin-dev] Proof of Nodework (PoNW) - a method to trustlessly reward nodes for storing and verifying the blockchain Hi John, RSK platform (a Bitcoin sidechain) is already prepared to do something similar to this, although

Re: [bitcoin-dev] Proof of Nodework (PoNW) - a method to trustlessly reward nodes for storing and verifying the blockchain

2017-02-12 Thread Sergio Demian Lerner via bitcoin-dev
Hi John, RSK platform (a Bitcoin sidechain) is already prepared to do something similar to this, although very efficiently. We set apart 1% of the block reward to automatically reward full nodes. We have two systems being evaluated: the first is based on PoUBS (Proof of Unique Blockchain Storage)

[bitcoin-dev] Proof of Nodework (PoNW) - a method to trustlessly reward nodes for storing and verifying the blockchain

2017-02-10 Thread John Hardy via bitcoin-dev
Proof of Nodework (PoNW) is a way to reward individual nodes for keeping a full copy of and verifying the blockchain. Hopefully they also do useful ‘traditional’ node activities too like relay transactions and blocks, but there isn’t really any way I can think of to trustlessly verify this als