Bitcoin Forum
May 05, 2024, 02:24:59 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: How can relay nodes be rewarded?  (Read 4339 times)
TierNolan
Legendary
*
Offline Offline

Activity: 1232
Merit: 1083


View Profile
December 29, 2013, 08:46:04 PM
 #21

Proof of Stake doesn't guarantee that you're relaying others transactions.

Also, with ppcoin, I think it works based on interest.

You connect and get x% interest per year on any coins.  The more coins the higher your odds, but if you don't get paid the interest, you can get it paid the next time you login.

The benefit of being online all the time is compounding of the interest.

1LxbG5cKXzTwZg9mjL3gaRE835uNQEteWF
1714875899
Hero Member
*
Offline Offline

Posts: 1714875899

View Profile Personal Message (Offline)

Ignore
1714875899
Reply with quote  #2

1714875899
Report to moderator
1714875899
Hero Member
*
Offline Offline

Posts: 1714875899

View Profile Personal Message (Offline)

Ignore
1714875899
Reply with quote  #2

1714875899
Report to moderator
The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714875899
Hero Member
*
Offline Offline

Posts: 1714875899

View Profile Personal Message (Offline)

Ignore
1714875899
Reply with quote  #2

1714875899
Report to moderator
1714875899
Hero Member
*
Offline Offline

Posts: 1714875899

View Profile Personal Message (Offline)

Ignore
1714875899
Reply with quote  #2

1714875899
Report to moderator
1714875899
Hero Member
*
Offline Offline

Posts: 1714875899

View Profile Personal Message (Offline)

Ignore
1714875899
Reply with quote  #2

1714875899
Report to moderator
Altoidnerd
Sr. Member
****
Offline Offline

Activity: 406
Merit: 251


http://altoidnerd.com


View Profile WWW
December 30, 2013, 12:04:24 PM
 #22

Proof of Stake doesn't guarantee that you're relaying others transactions.

Also, with ppcoin, I think it works based on interest.

You connect and get x% interest per year on any coins.  The more coins the higher your odds, but if you don't get paid the interest, you can get it paid the next time you login.

The benefit of being online all the time is compounding of the interest.

BTW Proof of stake also discourages spending, which is...not sure. 

To the OP: perhaps full nodes can be rewarded through an https://en.bitcoin.it/wiki/Contracts#Example_3:_Assurance_contracts

Do you even mine?
http://altoidnerd.com 
12gKRdrz7yy7erg5apUvSRGemypTUvBRuJ
amincd
Hero Member
*****
Offline Offline

Activity: 772
Merit: 501


View Profile
January 03, 2014, 11:19:13 PM
 #23

You can build micropayment channels to a set of nodes you selected randomly when your wallet first initialised, and which other nodes hint have good uptime. You then make micropayments for services rendered: most obviously, blocks served. This does not require any complicated cryptography.

+1

This also doesn't require any core protocol changes (hard forks).
bitpop
Legendary
*
Offline Offline

Activity: 2912
Merit: 1060



View Profile WWW
January 04, 2014, 06:21:13 AM
 #24

People used to donate to p2pool miners

dewdeded
Legendary
*
Offline Offline

Activity: 1232
Merit: 1011


Monero Evangelist


View Profile
January 04, 2014, 06:40:44 AM
 #25

Is the network in trouble somehow? Why the need to reward people for "relaying nodes"?
+1
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!