yeah i see that as the main issue the thing is as more people join that 3% or whatever number would be split amoung more and more people until the finacal incentive is mute the issue is we dont really know how many of those nodes are owned by diffrent people but i think for chains larger then bitcoin like ethereum there needs to be some system that allows for terrabytes of data

i see your point i was mostly talking about coins like ethereum whos blockchain is far bigger then bitcoins and will most likley keep growing. but i agree with everyone else the biggest issue i see is someone spinning up a bunch of nodes and then controling the network i was just wondering if there is way to prevent that

in a message from 2015 or 16 during the big block debate an email that may or may not be satoshi published an article talking about among many things the need to financially incentive full nodes. what would be the potiental issues with having say 3% of the mining fee and reward going to full nodes on any network not just bitcoin

Yeah, it's a rough whitepaper were working on it this week I just wanted to start getting the idea out there. But just cause something has decentralized in its name doesn't make it so. Bitcoin is centralized due to not only the largest chunk of its hash power being ASICS in china but also how only 3 or 4 mining pools control the majority of the hashing power. And ethereum has the same thing going on ASICS lead to centralization of the network. And the move to POS will just lead to the top 1% getting more and more of the network power.  And if you look at coin market cap the rest of the top 25 besides monero fall into the centralized side

yeah, my plan was to list on both probably initially on DEX just to get some of the coins into circulation and bring some attention as while as the nice effect of raising capital and then moving onto a larger centralized exchange. And thanks you as while

What are you talking about

I think DAOs will make a comeback through freelancing I may be biased here since I'm starting a site with integrated DAOs but as the tech to open and use one becomes more newbie-friendly there will be more and more DAOs but operating more like virtual CO-Ops instead of autonomous companies.

Hey everyone I'm launching this new chain called Volta. Due to no good ones existing bitcoin is to slow, centralized and limited ethereum is also slow and there getting more centralized and the rest of the top 25 is shitcoins or super centralized. I wrote the whitepaper for this new token here https://www.indyvolt.com/white-paper-1 if you can please read it and get back with any feedback or questions you may have.

there's no value behind the dollar

I have this idea for bitcoin scaling instead of larger blocks or the lightning network how about we institute side chains and instead of having miners mine transactions on these side chains we have the two parties mine it and if there are any problems the side chain could be added to the main blockchain and the benefit of this over lightning is there could be no fees besides  when it has to be added to main blockchain

but its a shadow of its former self and if you don't believe me go out and buy an IBM system also all of the upgrades haven't really solved anything were still struggling with scaling even at this point and as we grow it's going to get worse

so my concern is that bitcoin cant stand the pressure from competition and fold

am i the only who is worried that bitcoin might be like IBM we have seen it before one product controls a market then a competitor comes in and the previous king is left in the dust