There are no incentives, except that running your own node makes you not trust anyone in the network to make or validate your transactions for you. But who said decentralization would have no costs?
The original design of bitcoin is not based on such a weak incentive, keeping track of one's own wallet. It is solvable for mid-sized transactions and wallets by connecting to a handful of reputable nodes, running a spv wallet.
But specialization always develops in any "industry". We cannot always make citations on the white paper because Bitcoin has already developed further beyond "Satoshi's vision".
I didn't cited anything, I'm talking about the core design principles, the basics.
Basically,the network security is a direct result of impracticality of collusion between participants because of their divergence in terms of interests, and topological distribution. It is not up to Satoshi Nakamoto and his whitepaper to decide about it: less participants, more collusion potentials and the
Byzantine generals would possibly commit a treason.
If Satoshi Nakamoto, hypothetically had suggested any other security model for bitcoin, it would never become popular and considered secure. Bitcoin security model is based on decentralization which is guaranteed by collusion resistance which in turn is not achievable in a network with few participants.
We cannot always make citations on the white paper because Bitcoin has already developed further beyond "Satoshi's vision".
on this point you can ...
What? It is so opportunistic
Just because Satoshi has said something wrong in favor of you, it is citable in the context of a discussion about the most essential features of bitcoin?
... moreover, there have been a number of altcoins to make radical design changes along the lines of what aliashraf has been promoting and yet they do not see an increase in nodes.
Which altcoin did what design change "along the lines' of my proposal?
As of my knowledge, PoW has always been vulnerable to pooling pressure no matter which coin, it has always been based on winner_takes_all approach which I have thoroughly proved its variance drawbacks and inevitability of pooling pressure due to it. I am not aware of any altcoin implementing any alternative variant like what I have proposed.
Mining centralization is certainly a problem, but that doesn't make it the origin of every problem nor does it mean that any particular proposed solution would improve it or anything else for that matter.
Greg, you are a prominent figure in the community, kinda political figure I suppose, and should be more careful about what you say imo.
It is not what we are used to hear, confirming the existence of a "problem" by a lead developer (and what problem? Centralization of mining!) and denouncing any responsibility or even possibility for confronting it or claiming that it is not "the origin" of every problem!
It is the origin of the problem under discussion in this topic, isn't it?
It was the origin of delaying SW for an age. Wasn't it?
It is the main factor behind the slow down in adoption of bitcoin by masses and the price being driven by speculative gamblers rather than decent business use cases. Isn't it?
What other problem do you mean Greg that is so independently important?