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authorHector Chu <hectorchu@gmail.com>2015-08-17 20:16:04 +0100
committerbitcoindev <bitcoindev@gnusha.org>2015-08-17 19:16:26 +0000
commit0d8c8a4fd82e1c65fd880e9b9fbcb06cc53a6987 (patch)
tree29d4b243ab93ec9739e3a235f89cdd84a0c8799d
parent45943eee8a09d6f58bab0574116c4ec24c455db3 (diff)
downloadpi-bitcoindev-0d8c8a4fd82e1c65fd880e9b9fbcb06cc53a6987.tar.gz
pi-bitcoindev-0d8c8a4fd82e1c65fd880e9b9fbcb06cc53a6987.zip
Re: [bitcoin-dev] Bitcoin XT Fork
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+From: Hector Chu <hectorchu@gmail.com>
+Date: Mon, 17 Aug 2015 20:16:04 +0100
+Message-ID: <CAAO2FKF85Q-SoTEeVrYLEh-ZiEsGoMe1zzbDVdZy3FLbwU5yQg@mail.gmail.com>
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+Cc: bitcoin-dev@lists.linuxfoundation.org
+Subject: Re: [bitcoin-dev] Bitcoin XT Fork
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+--001a11c3d3e23053e4051d86a387
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+
+On 15 August 2015 at 18:43, Satoshi Nakamoto via bitcoin-dev <
+bitcoin-dev@lists.linuxfoundation.org> wrote:
+
+> I suspect we need a better incentive for users to run nodes instead of
+> relying solely on altruism.
+>
+
+Is he talking about "full nodes" i.e. validating-only, or nodes in the
+sense of the original whitepaper (i.e. miners)? Because there is already
+plenty of incentive for running a node (i.e. the coinbase).
+
+The issue is that the reward is more or less like a decentralised lottery
+with high entry cost. If the income could be smoothed like in a mining
+pool, without actually being a mining pool, then perhaps more people would
+pay to enter the mining game. A bit like making P2Pool the one and only
+pool allowed on the network.
+
+--001a11c3d3e23053e4051d86a387
+Content-Type: text/html; charset=UTF-8
+Content-Transfer-Encoding: quoted-printable
+
+<div dir=3D"ltr"><div class=3D"gmail_extra"><div class=3D"gmail_quote">On 1=
+5 August 2015 at 18:43, Satoshi Nakamoto via bitcoin-dev <span dir=3D"ltr">=
+&lt;<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" target=3D"_bla=
+nk">bitcoin-dev@lists.linuxfoundation.org</a>&gt;</span> wrote:<br><blockqu=
+ote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-left:1px #ccc s=
+olid;padding-left:1ex">I suspect we need a better incentive for users to ru=
+n nodes instead of relying solely on altruism.<br></blockquote><div><br></d=
+iv><div>Is he talking about &quot;full nodes&quot; i.e. validating-only, or=
+ nodes in the sense of the original whitepaper (i.e. miners)? Because there=
+ is already plenty of incentive for running a node (i.e. the coinbase).</di=
+v><div><br></div><div>The issue is that the reward is more or less like a d=
+ecentralised lottery with high entry cost. If the income could be smoothed =
+like in a mining pool, without actually being a mining pool, then perhaps m=
+ore people would pay to enter the mining game. A bit like making P2Pool the=
+ one and only pool allowed on the network.</div></div></div></div>
+
+--001a11c3d3e23053e4051d86a387--
+