Monday 28 November 2016

Since nodes are just as important to decentralizing bitcoin as miners are, shouldn't we find a way to incentivize running them?


More philosophically, the bitcoin blockchain is a precious global shared public resource with huge externalized costs that fall to all future users; it's good stewardship to not cram things that don't need to be in it, into it regardless of what the limits are.-gmaxwellThose externalized costs fall onto the nodes. The more I think about it, the more I realize that so much of this scaling argument is about people ignoring the costs to nodes. Nodes are completely charity based. People incur the costs of running a node with hardly any benefit to themselves. Yes there are a few very minor benefits (mostly if you run a business or store), but they are certainly outweighed by the cost and frustration of maintaining a working node at all times.If we want this thing to stay censorship resistant, if we want governments to see attacking the network as futile, wouldn't it be smart to find a way to incentivize nodes?Not that such a task is easy or that it wouldn't require real change to the protocol, likely a HF even. But are there any proposals or ideas on how this might be done? via /r/Bitcoin http://bit.ly/2gBCoP4

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