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Question: Would you support reward for nodes ?
yes
no

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Author Topic: Rewards for nodes ?  (Read 1216 times)
TryNinja
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July 22, 2017, 02:46:39 PM
 #21

I do not think so, basically, as the block grows, the nodes may also increase, so the speed of the transaction will be fast, the transaction fee will also be greatly reduced, bitcoin will continue being the most powerful money currency virtual currency market.
No. You're seeing the wrong way.

More nodes don't equal to faster transactions and lower fees. A node is just a validator for the Bitcoin blocks and transactions.

What is making Bitcoin slower and more expensive is the lack of space in the blocks, which causes people to have to put high fees to have confirmation priority on the next few blocks.

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pinkflower
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July 23, 2017, 01:49:03 PM
 #22

I will not support a small fee to pay for running a node, but what Im willing to do is to donate to people who run nodes only if they have proven their identity and their ownership of that node. That would mean giving out their ip address and other private information.

Basically you are afraid that some people/companies would exploit this and in the end the small guy won't build up nodes again?

But imagine there would be a solution that can't be abused and it would work, would you support the fee ?

Just a thought:
There is a fee which goes into a pool which is equally splited to all verified private nodes. Verified private nodes ?  You have to register your node somewhere (maby via smart contracts?) and reveal some proof that you are a single person and you only own one node. Furthermore companies are allowed to have only one node too. Maby someone with dev experience in the crypto sector can think of a better solution.

Because it would encourage and cause more people to do sybil attacks. Do you want to pay random people to do sybil attacks on BTC? Of course not.
BeetcoinScummer
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August 01, 2017, 04:19:30 PM
 #23

This won't be possible without a deterministic way to determine node performance.

For instance, a guy running a 64-core server should be rewarded more than a schmuck running a Raspberry Pi and holding up the network with slow message and block propagation.

In case of a Sybil attack, the performance of the all the Sybil nodes would just be aggregated to that of the single host and rewarded appropriately.

Junk low performing nodes that waste time letting other nodes connect to them (but can't deliver) should also be penalized.
xbiv2
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August 01, 2017, 04:27:46 PM
 #24

Quote
Rewards for nodes ?
Reward is enough now and will grow in future.

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