Yet another non-sequitur. Tell me a reason you believe that a measure of non-mining validators is in any way a measure of economic majority.
Then what is the correct answer, if you know it? I am not asking as a challenge, but to inquire and learn.
Well, the rather obvious correct answer is that a measure of the number of non-mining validating entities has fuck-all to do with a measure of economic power.
However, your entire argument that the desires of the miners (as a class) is held in check by the desires of non-mining validators (as a class) is utterly dependent upon the assumption that non-mining validator count is a valid proxy for economic power. These numbers bear no relation to each other. Which is why you are either too internally mentally conflicted to be able to see this simple fact, or you are too dishonest in your argument to admit it.
Personally, I don't think Wind_FURY is dishonest,
I believe Wind_FURY is just really really stupid.
* Agree with jbreher*
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non-mining validating entities has fuck-all to do with a measure of economic power.
I agree, I am stupid and I have never said that I am smart. I am hear to learn, and I am open to hear to anything you say to convince me. But are you saying anything good to learn from? No.
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In the end the Merchants hold the economic power as they are the ones accepting or refusing the transactions as payment for their services or products.
Number of non-mining nodes are irrelevant. One is as good as a billion , as long as you can access the one and trust it.
All they do is verify the same entry, so how many times , would you need someone to tell you 2+2=4 over & over again before you believe them.
The Merchants are trusting whichever crypto service node, they are using, so multiple merchants are all trusting Coinbase's non-mining node and caring little about what the other nodes report, such as the one in your basement.
Number of non-mining nodes are irrelevant. One is as good as a billion , as long as you can access the one and trust it.
All they do is verify the same entry, so how many times , would you need someone to tell you 2+2=4 over & over again before you believe them.
The Merchants are trusting whichever crypto service node, they are using, so multiple merchants are all trusting Coinbase's non-mining node and caring little about what the other nodes report, such as the one in your basement.
But are the users not a part of the economic majority? Was the failure of 2X not a lesson that the users can also impose themselves on the network?
Plus what is the difference of the nodes from the other nodes' point of view? They all validate and relay transcations and blocks if valid. Nodes do not care if it is a mining node, a merchant's node, or a node in a basement.
Can you answer this?
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But if there are too few non-mining full nodes then it would be easier for the miners to "Sybilize" their way to change the rules, is it not?
I want to know your opinion.