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To: Mike Hearn <hearn@vinumeris.com>
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Subject: Re: [bitcoin-dev] Bitcoin Roadmap 2015,
or "If We Do Nothing" Analysis
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--089e011777b51dec77051ba06034
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On Fri, Jul 24, 2015 at 4:38 AM, Mike Hearn <hearn@vinumeris.com> wrote:
> It's worth noting that even massive companies with $30M USD of funding
>> don't run a single Bitcoin Core node
>
>
> This has nothing to do with block sizes, and everything to do with Core
> not directly providing the services businesses actually want.
>
> The whole "node count is falling because of block sizes" is nothing more
> than conjecture presented as fact. The existence of multiple companies who
> could easily afford to do this but don't because they perceive it as
> valueless should be a wakeup call there.
>
Regardless of why node count is falling, many people who used to run a full
node stopped doing so. To mitigate that, their chances of getting
something out of it have to be greater. What if propagating a valid
transaction generated a small chance of earning a piece of the fee?
--089e011777b51dec77051ba06034
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 F=
ri, Jul 24, 2015 at 4:38 AM, Mike Hearn <span dir=3D"ltr"><<a href=3D"ma=
ilto:hearn@vinumeris.com" target=3D"_blank">hearn@vinumeris.com</a>></sp=
an> wrote:<br><blockquote class=3D"gmail_quote" style=3D"margin:0px 0px 0px=
0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex"><div dir=3D=
"ltr"><div class=3D"gmail_extra"><div class=3D"gmail_quote"><blockquote cla=
ss=3D"gmail_quote" style=3D"margin:0px 0px 0px 0.8ex;border-left:1px solid =
rgb(204,204,204);padding-left:1ex">It's worth noting that even massive =
companies with $30M USD of funding don't run a single Bitcoin Core node=
</blockquote><div><br></div><div>This has nothing to do with block sizes, a=
nd everything to do with Core not directly providing the services businesse=
s actually want.=C2=A0</div><div><br></div><div>The whole "node count =
is falling because of block sizes" is nothing more than conjecture pre=
sented as fact. The existence of multiple companies who could easily afford=
to do this but don't because they perceive it as valueless should be a=
wakeup call there.</div></div></div></div>
</blockquote></div><br>Regardless of why node count is falling, many people=
who used to run a full node stopped doing so.=C2=A0 To mitigate that, thei=
r chances of getting something out of it have to be greater.=C2=A0 What if =
propagating a valid transaction generated a small chance of earning a piece=
of the fee?</div></div>
--089e011777b51dec77051ba06034--
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