Post
Topic
Board Development & Technical Discussion
Re: A new idea for node reward
by
Wind_FURY
on 01/05/2019, 09:25:48 UTC
Then it's useless for the users to run their own nodes? They should turn it off, and let only the miners run nodes?

Then do you believe, the "slave nodes" have no power over the network?


Miracles never cease,

You finally got it.  

Non-mining nodes are useless and have no power over the network.


Mining nodes have all of the power over the network and receive compensation for it.

The only other power is economic power to blackmail the miners to not use their coins,
which can only be accomplished by large institutions that control massive amounts of coins.
Theses institutions don't even have to run a node, they can farm it out from a third party.

If you want rewards for running a node, then you have to run a Masternode coin or a Proof of Stake coin,
as those are the only ones that provide financial incentive to run a full node other than a PoW Mining Node.

You can try running an LN hub, but you don't have to run a bitcoin full node to do it.
So far no one running LN hubs are making a living wage off it.  Tongue


Example:
Mining Node = Writer
Exchange/Business = Reader
Non-mining Node = Copiers

The Writer writes a new book, The Reader Buys the Book, The Copier makes copies of the book.

The Reader tells the Writer . if he kills his favorite character , that he won't buy his new book.

The Writer concern the Reader won't buy the book , keeps the reader's favorite character alive. (This is Economic Blackmail)

The Copiers, just make EXTRA UNNECESSARY COPIES of whatever books are written by the writer ,
and have no leverage of any kind against the writer or reader.

Since the Writer also puts out his own copies of the book for the readers , the copier has no power/purpose at all!


For a person who claims to be "smart", you don't sound as smart at all. You only repeat the big blocker propaganda without truly knowing the finer points of how Bitcoin works.

Nodes demand blocks from the miners, and miners supply them. If the miners want a kind of block they demand, then the miners have to follow.

What? Fairy tales you say? The UASF showed everyone what kind of power running a full node can have over the top Bitcoin merchants and the powerful miners.