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From: Hector Chu <hectorchu@gmail.com>
Date: Mon, 17 Aug 2015 20:16:04 +0100
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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">=
<<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" target=3D"_bla=
nk">bitcoin-dev@lists.linuxfoundation.org</a>></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 "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).</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--
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