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Author Topic: Re: Fees for full nodes?  (Read 7880 times)
mezzomix
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October 19, 2015, 01:03:43 PM
 #41

You can suggest to change this formula to

reward = ( 50 / ( 2( block_height / 210000 )) ) + fees + sum_of_all_utxo_from_block ( blockheight - 420000 )
and all utxo with the age of 420000 mark as non-spendable.

Yes, everybody is able create an altcoin and everybody is free to use an altcoin created by others. Nothing new here.
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monsterer
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October 19, 2015, 01:06:23 PM
 #42

And this rule is not worse (and not better) than other.

This rule doesn't change anything. All that will happen is people will move their coins from address to a new address once every 6 years.
amaclin
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October 19, 2015, 01:15:11 PM
 #43

Yes, everybody is able create an altcoin and everybody is free to use an altcoin created by others. Nothing new here.
Let us define some terms.
Altcoin - is a crypto with unique genesis block.
Hardfork - is crypto with the same genesis block but new rules.
This is not altcoin. This is hardfork, similar to BIP100/101/102...

This rule doesn't change anything. All that will happen is people will move their coins
from address to a new address once every 6 years.
There is a big number of coins which were lost because their owners forgot about them, lost privkeys, moved to provable unspendable outputs, etc.
And at least we would know - is Satoshi still has ability to move his coins?  Grin
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October 19, 2015, 01:16:26 PM
 #44

I had a full node, i recieved DDoS all weeks... i dont like that mi ip are visible, if i could set on tor ip i could set my node again
mezzomix
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October 19, 2015, 01:37:47 PM
 #45

Altcoin - is a crypto with unique genesis block.
Hardfork - is crypto with the same genesis block but new rules.

Fine with me, but the mechanism is the same. Everbody is free to use the altcoin or hardfork he wants.
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October 19, 2015, 01:42:04 PM
 #46

Fine with me, but the mechanism is the same. Everbody is free to use the altcoin or hardfork he wants.
1. create a hardfork done.
2. move majority to it

We've completed 50% of our goals!
mezzomix
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October 19, 2015, 02:04:25 PM
 #47

It seems that the XT support is much lower than 50%. Maybe there will be no move to XT.
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October 19, 2015, 02:08:28 PM
 #48

It seems that the XT support is much lower than 50%. Maybe there will be no move to XT.
Changing the consensus rules is very difficult.
Successful examples called "revolutions"
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October 19, 2015, 04:21:32 PM
 #49

I had a full node, i recieved DDoS all weeks... i dont like that mi ip are visible, if i could set on tor ip i could set my node again

You can setup your node to only use tor.  See this page for more details.

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October 19, 2015, 06:24:38 PM
 #50

If a Bitcoin angel will give me 1 BTC now then I will run my full node as long as possible.

1 BTC/month?  Are you kidding me?  That node probably costs you maybe $0.50/month to run, if you even notice a higher cost of living due to running it.

Myself and clients combined have dozens of full nodes running across the internet.  The $$$ to run a node never factors into anything.

X       ▄▄█████████▄▄
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Xialla
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October 19, 2015, 07:18:48 PM
 #51

That node probably costs you maybe $0.50/month to run...

ohh really?...and because of 0.5$ per montht even core developer publicly admit, that he is not running full node anymore..

"Block size has become too large for me to keep my home node running 24/7 anymore (it was affecting my phone call and videoconferencing quality too much). Now I just run it when I want to use Bitcoin."

source: http://bit.ly/1LGI9XG
tspacepilot
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October 19, 2015, 08:39:32 PM
 #52

If a Bitcoin angel will give me 1 BTC now then I will run my full node as long as possible.

1 BTC/month?  Are you kidding me?  That node probably costs you maybe $0.50/month to run, if you even notice a higher cost of living due to running it.

Myself and clients combined have dozens of full nodes running across the internet.  The $$$ to run a node never factors into anything.


FWIW, he didn't say 1BTC per month, he says give him 1BTC and he'll run it as long as possible.  From what I can tell, he left the value of "as long as possible" underspecified.

tl121
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October 20, 2015, 01:36:41 AM
 #53

It seems that the XT support is much lower than 50%. Maybe there will be no move to XT.


XT nodes were aborted stillborn by small block terrorists.
David Rabahy
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November 25, 2015, 09:35:28 PM
 #54

From the Bitcoin-core Debug Window Peers;

73.179.230.242:59060
via x.x.x.x:8333

Direction            Inbound
Version              70002
User Agent         /Satoshi:0.11.2/
Services             NETWORK
Starting Height   237292
Sync Height        Unknown
Ban Score           0
Connection Time  10 h 4 m 39 s
Last Sent            5 s
Last Received      38 s
Bytes Sent          1 GB
Bytes Received    3 MB
Ping Time           336874 ms
Time Offset         1 s

That is a prime example of a peer I would like to charge for providing my full node services to it.
btc_enigma
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December 01, 2015, 05:58:27 AM
 #55

Full nodes need to get paid. Pruning can be definitely done to reduce costs. We do also need to encourage non pruned nodes as they are needed to help newer nodes to join the network

With blockexplorers like blockchain.info giving problems. I actually think it would be a good strategy to turn your full node into a blockexplorer. We can have a distributed network of blockexplorers and I think people would pay to use the blockexplorer / the API(having low downtime)

https://github.com/priestc/moneywagon is a good initiative to develop a universal blockchain API


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December 02, 2015, 02:10:08 AM
 #56

I believe that if we can address node incentivization, like Satoshi suggested, "[I suspect] we need a better incentive for users to run nodes instead of relying solely on altruism". (IN AUGUST 2015)  Then we will have an easier time putting concerns about raising the block size at rest.

Perhaps the solution could present a Symbiotic relationship between nodes and miners, that would help with concerns regarding the propagation of larger blocks.

was

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December 02, 2015, 02:11:41 AM
 #57

From the Bitcoin-core Debug Window Peers;

73.179.230.242:59060
via x.x.x.x:8333

Direction            Inbound
Version              70002
User Agent         /Satoshi:0.11.2/
Services             NETWORK
Starting Height   237292
Sync Height        Unknown
Ban Score           0
Connection Time  10 h 4 m 39 s
Last Sent            5 s
Last Received      38 s
Bytes Sent          1 GB
Bytes Received    3 MB
Ping Time           336874 ms
Time Offset         1 s

That is a prime example of a peer I would like to charge for providing my full node services to it.

Read "Red Balloons" by Zahar et al

We Are Satoshi.
-ck
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December 03, 2015, 12:05:14 AM
 #58

You can wish all you like but there's absolutely no way to confirm a full node really is a full node and not just faking it. If full nodes were to get paid, then one could spoof as many full nodes as they like and get paid for each of their fake nodes. To prove they're full nodes you'd have to invent some kind of "proof of work" and add it to some kind of blockchain - congratulations you've invented mining and an altcoin blockchain.

Primary developer/maintainer for cgminer and ckpool/ckproxy.
ZERO FEE Pooled mining at ckpool.org 1% Fee Solo mining at solo.ckpool.org
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2112
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December 03, 2015, 12:18:35 AM
 #59

To prove they're full nodes you'd have to invent some kind of "proof of work" and add it to some kind of blockchain - congratulations you've invented mining and an altcoin blockchain.
Why altcoin? It is more like p2ppool, but instead of shares for mining one would get shares for proven transaction propagation.

Please comment, critique, criticize or ridicule BIP 2112: https://bitcointalk.org/index.php?topic=54382.0
Long-term mining prognosis: https://bitcointalk.org/index.php?topic=91101.0
liuxihua
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December 03, 2015, 12:41:58 AM
 #60

From the Bitcoin-core Debug Window Peers;

73.179.230.242:59060
via x.x.x.x:8333

Direction            Inbound
Version              70002
User Agent         /Satoshi:0.11.2/
Services             NETWORK
Starting Height   237292
Sync Height        Unknown
Ban Score           0
Connection Time  10 h 4 m 39 s
Last Sent            5 s
Last Received      38 s
Bytes Sent          1 GB
Bytes Received    3 MB
Ping Time           336874 ms
Time Offset         1 s

That is a prime example of a peer I would like to charge for providing my full node services to it.

Read "Red Balloons" by Zahar et al

nuli   good
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