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Board Beginners & Help
Re: Incentivizing Full Nodes
by
nickyhash
on 25/10/2016, 17:22:17 UTC
the incentive is the desire to keep bitcoin decentralised and diverse and thus secure the blockchain against corruption of any sort..

its not as if it requires a data centre now or in the future.

after all even at 4mb of bloat (core's new happy number) thats only a MAXIMUM possible 208gb bloat a year= 1tb every 5 years.
at which time most people upgrade their computers anyway.

also a 2tb hard drive is under $100. so its not like you need to spend alot if your into building a PC. even a standard $400 branded pre-made desktop PC have 2tb as standard (10 years+ of upto 4mb block bloat)

as for the internet. again adsl is more than enough. and fibre is even more.
i know some people will cry that they are having internet issues. but no "bitcoin incentive" will cure that cry.
no money in your pocket can change limitations of the cabling reaching your property.
most ISPS upgrade an entire area at a certain time. not a single house over night.
if you are having issues. then cut down on how many connections you have. 8 is about reasonable 60 is overkill (unless you have good reason to be a supernode)

if you care about bitcoin security more then your ping speed of playing call of duty on the side. good
if you care more about playing call of duty than bitcoin security, then good keep playing. but dont expect to get paid just to run a node.

most node users are those with a big desire for bitcoin security. not financial gain of just running a node.
if running a node becomes just a financial gain. then many people will start running 1000+ nodes from one location.. which is no better for security than running just 1.

my personal point of view.
i would rather see 6k nodes where 2k each are run by different implementations. (diversity)
where all 6k nodes are running from different locations. (not stacking up multiple nodes at remote hosting/ home garages)
rather than
200,000 nodes all running one implementation due to some commissioned earnings reward to use specific node.
half many are running via a single owner.

EG
things like 21.co running hundreds of nodes all set up and located but in control of 21.co engineers=bad
individual diversity and distribution=good

I can see your POV, i also read the originators words on the topic. I agree using proven method like moore's law results in a better outlook, but should we also not have a fall back, you know , just in case ?