Post
Topic
Board Bitcoin Discussion
Re: The Extreme Flaws Of Bitcoin
by
Velkro
on 01/12/2016, 02:51:53 UTC
Nodes don't get rewards from Mining
They do get rewards. But the reward is zero. One should do more useful work for more reward.

Bitcoin mining is not ASIC resistant
There is no such thing as asic-resistance.
Agree to both reply's.
There is no such thing possible as asic-resistance, because people will always find way to bypass this anti-asic mechanism whatever that would be.
To the first point of 0 reward from running full node. There is reward, safe bitcoin network. You will see that when need arise, people will massively put new full nodes on their own expenses. Why? To secure bitcoin because they are either invested or admiring bitcoin technology.