Lol, how much, would you say, as compared to running a major factory mine? 1/100000th? Less?
If you invest a million dollars into mining BTC, might you not throw a buck or two @ nodes?
If you invest a million dollars into mining BTC, might you not throw a buck or two @ nodes?
Miners already run nodes. Why would miners be interested in mounting a Sybil attack that might break bitcoin into multiple ledgers? Seems that would be a poor business decision.
Because:
"--The attacker can relay only blocks that he creates, putting you on a separate network. You're then open to double-spending attacks.
--If you rely on transactions with 0 confirmations, the attacker can just filter out certain transactions to execute a double-spending attack"
Sorry for retarded passive -> active voice jump, but that's the cringe factor of teh Bitcoin wiki 4U
Didn't you yourself suggest that the nodes are there as a means of stopping the miners from doing bullshit? Or was that Lauda?
How about *you* tell me why they're important to Bitcoin's security?
Quote
Heck, Bitcoin wiki tells me somebody was *incentivizing nodes* 'til recently:
Quote from: https://en.bitcoin.it/wiki/Full_node
Some are incentivizing it
Bitnodes is incentivizing full node operators "until the end of 2015 or until 10,000 nodes are running."[2] For rules and how to join the incentives program, visit Bitnodes Incentive Program.
Anyhow, does it matter how long the "bad" nodes stay up, if they're meaningful to Bitcoin security in any way (beyond being a good wallet)?Bitnodes is incentivizing full node operators "until the end of 2015 or until 10,000 nodes are running."[2] For rules and how to join the incentives program, visit Bitnodes Incentive Program.
Sure, it matters how long attacking nodes stay up, because attackers are spending resources to do it. Like everything else in bitcoin, the system depends on incentives. The nature of an attack is to expend resources in the short term to realize bigger gains in the long term. That's why 5000-8000 Core nodes operating over the past two years are unlikely to be Sybils, and 800 Classic nodes spun up over the past week are more likely to be Sybils. The latter is bolstered by the fact that the majority of Classic nodes are "new" nodes, not existing nodes that switched from Core to Classic.
I'm not suggesting that the 4079 Bitcoin Core nodes are anything but genuine. I, personally, haven't run a non-mining node (or mining, for that matter) for years. Seen no need. Some people are probably feeling the need for their voices to be heard, with all the draconian bullshit thermos let loose here & on /bitcoin when XT came out. Yeah, that sort of bullshit backfires, so now you're seeing people fire up nodes.
Not sure why this is surprising :-