Post
Topic
Board Development & Technical Discussion
Re: Will there ever be any monetary incentives to run a full node?
by
GGUL
on 29/11/2020, 18:14:34 UTC
A properly implemented SPV client is as reliable as a full node. I don't know why, but this myth about the unreliability of SPV clients is very common in the Bitcoin community. Even more surprisingly, this myth is spread by Bitcoin developers.Smiley
To have a deeper understanding of the importance of full-nodes you need to take another look at User Activated Soft Forks, UASFs, and the role they play in balancing the power relations in bitcoin ecosystem. Without a strong base of full-nodes bitcoin will be left in hands of a dozen of Chinese pools and ASIC manufacturers who are established entities under the ruling of Xi and his party.
I really want to understand the "importance of full nodes". The problem is that apart from the words about importance, you have nothing else.

Let's assume that we have full nodes in the amount that is sufficient for the full operation of all users and the system. Let it be 5 thousand.
 After that, we will increase the number to 10 thousand. What will we get? The answer I came up with after much thought: NOTHING.

If you want to convince me otherwise, you'd better provide something real, preferably with numbers. Your arguments about UASF and the Chinese pols look ridiculous and unconvincing, and very similar to FUD  . Smiley

Quote
Ethereum community doesn't worry about pools ...
Surprisingly, as far as I know, no cryptocurrency is worried about the number of full nodes. Only Bitcoin. Maybe it's because all the excitement about it is pointless, and does not bring any benefit. Smiley