Paying full nodes , impossible at this point ?

[OmegaStarScream]

The question is how do you distinguish a full node from a fake full node. Lets assume that is solved. Do you pay a node thats barely running (e.g. 2 hours a day) and holding 8 connections (no inbound connections) the same as one that is online 24/7 and holds >100 connections?

Ye I kinda had the same question but how DASH are doing it ? or Maidsafe is planning to do it ? I suppose for what comes to Maidsafe it's peer to peer , so once you close the node , you stop getting paid or something like that ?

[-ck]

Ye I kinda had the same question but how DASH are doing it ?

The answer to that is likely "Badly, in an exploitable way." But no, I haven't looked at the code myself (nor have an interest in doing so), so it's pure speculation.

[Amph]

Been discussed MANY times before since people want to be rewarded for running a full node as some kind of "node reward". The short answer is: It's impossible. There's no way to prove you are a real node relaying real transactions or data without some "proof of work" - and guess what, "proof of work" is precisely what mining is. Then there'd be exactly the same arms race there is for regular mining rewards as there is for node rewards, the node rewards being in essence an altcoin built on top of the existing bitcoin, making it not worth mining "node rewards".

i guess it can be done with sidechain, where those full node can become a sort of light miners and have reward from the fee that are retrieved from the token exchanged with bitcoin

[shorena]

Been discussed MANY times before since people want to be rewarded for running a full node as some kind of "node reward". The short answer is: It's impossible. There's no way to prove you are a real node relaying real transactions or data without some "proof of work" - and guess what, "proof of work" is precisely what mining is. Then there'd be exactly the same arms race there is for regular mining rewards as there is for node rewards, the node rewards being in essence an altcoin built on top of the existing bitcoin, making it not worth mining "node rewards".

i guess it can be done with sidechain, where those full node can become a sort of light miners and have reward from the fee that are retrieved from the token exchanged with bitcoin

Id rather use my CPU cycles for something else though. I will pay for my node(s) as long as I can afford it. Its a worthy investment even if its just for the knowledge gained. It also allows me to do things I wouldnt be able to do without them, e.g. generate my own stats or consistantly rebroadcast unconfirmed TX from a well connected 24/7 node.

[pedrog]

Been discussed MANY times before since people want to be rewarded for running a full node as some kind of "node reward". The short answer is: It's impossible. There's no way to prove you are a real node relaying real transactions or data without some "proof of work" - and guess what, "proof of work" is precisely what mining is. Then there'd be exactly the same arms race there is for regular mining rewards as there is for node rewards, the node rewards being in essence an altcoin built on top of the existing bitcoin, making it not worth mining "node rewards".

i guess it can be done with sidechain, where those full node can become a sort of light miners and have reward from the fee that are retrieved from the token exchanged with bitcoin

Id rather use my CPU cycles for something else though. I will pay for my node(s) as long as I can afford it. Its a worthy investment even if its just for the knowledge gained. It also allows me to do things I wouldnt be able to do without them, e.g. generate my own stats or consistantly rebroadcast unconfirmed TX from a well connected 24/7 node.

In the future, with the Internet of Things we might be paid for our full nodes, not for block relaying but for other services our full node machine can provide to other machines, 21 computer/software is an example of how this can work.

I've just read an article about this subject, check it out:

https://medium.com/@21/ping21-earn-bitcoin-by-monitoring-uptime-and-latency-807f212509f4

[calkob]

The question is how do you distinguish a full node from a fake full node. Lets assume that is solved. Do you pay a node thats barely running (e.g. 2 hours a day) and holding 8 connections (no inbound connections) the same as one that is online 24/7 and holds >100 connections?

Is there no way of knowing these details or would someone have to write a program to find them out?

[pereira4]

The debate of how to incentive running nodes is a long one, it has been considered for ages. I think it's a very tricky subject, it may seem like common sense to give some money to people running nodes but apparently there are some serious tradeoffs. If you search on the subject in developers like nullc in reddit you may find some valuable information on this.

[OmegaStarScream]

The debate of how to incentive running nodes is a long one, it has been considered for ages. I think it's a very tricky subject, it may seem like common sense to give some money to people running nodes but apparently there are some serious tradeoffs. If you search on the subject in developers like nullc in reddit you may find some valuable information on this.

I will do that , In the meantime I will appreciate if someone could submit this topic on Reddit (since I don't have an account already) , maybe someone with enough knowledge could come and give us some information's about this matter.

[xyzzy099]

I believe that one of the selling points for the Lightning Network is that bitcoin node operators can make transaction fees by serving as an intermediary in LN transactions.

[alani123]

Nothing is imposible but for such a thing to be viable we'd first need a way to accurately know which nodes are contributing nodes and which are fake/imitators. A reward would surely attract the latter. Now, embeding such a reward into bitcoin's protocol would be a whole other story as it would require a fork and the agreement of miners.

[rienelber]

Nothing is imposible but for such a thing to be viable we'd first need a way to accurately know which nodes are contributing nodes and which are fake/imitators. A reward would surely attract the latter. Now, embeding such a reward into bitcoin's protocol would be a whole other story as it would require a fork and the agreement of miners.

I see plenty potential in this ideia, it might be a nice inprovement in the technology...

[odolvlobo]

I believe that one of the selling points for the Lightning Network is that bitcoin node operators can make transaction fees by serving as an intermediary in LN transactions.

Anyone can be a Lightning network "intermediary" and you don't need a Bitcoin full node. A "intermediary" that supplies liquidity to the network can charge a fee for that service.

Similarly, a full Bitcoin node could charge a fee for transaction and block data. There is no need to pay full nodes out of the block reward.