public inbox for bitcoindev@googlegroups.com
 help / color / mirror / Atom feed
From: udevNull <udevnull@protonmail.ch>
To: "bitcoin-dev@lists.linuxfoundation.org"
	<bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Small Nodes: A Better Alternative to Pruned Nodes
Date: Wed, 19 Apr 2017 00:28:48 -0400	[thread overview]
Message-ID: <q2ESXdrCKqIkoFBVplGtaRC5yHXvrZHmWW5uixMP0Gw64KHhsH6GaZ_Ap-PouUSze4pf4mFmdyniT2CVKVX0kYUdQ1qJZxYAnBsmsCPuYEQ=@protonmail.ch> (raw)
In-Reply-To: <ccb96920-4387-ed91-e03e-15f4b2772aa3@gmail.com>

[-- Attachment #1: Type: text/plain, Size: 1839 bytes --]

I'd like to add to this. There is definitely a barrier of entry with regards to setting up a full node. Unless you're living in a first world country, the bandwidth requirements alone, will outright prevent you from even setting up a full node (sync since genesis).

To maintain that also becomes a sunk cost, as there is no financial incentive to run a node, only an idealogical one. Most of the people who benefit and will benefit from Bitcoin, are the un-banked. Which you will find in 3rd world countries, that don't have ISPs that provide the data packages, to cater for the requirements of running a full node. I'm sure many would like to, but simply cannot afford it.

A user may not want to run a node at home, but rather on a digital ocean or AWS server, which they cannot afford to do either considering the bandwidth and storage costs associated with it. However, I don't think they should be excluded from participating in the network (supporting proposals, voicing their opinions, running their own wallets, writing their own applications on top of Bitcoin [which I think is extremely important]).

So I would definitely be in favour of a small node of sorts. It will present us with some interesting technical challenges along the way but it's definitely worth while looking into.

Financially incentivising nodes is a really weird area because it would allow someone to essentially automate the deployment of nodes. i.e. if a node can pay for itself 100% (even at a lesser value, it just becomes cheaper overall), you could write an application that uses an AWS API or a digital ocean API to automatically deploy 100's of nodes. Which sounds great but not if that person is malicious and wants to prevent the community adopting proposals.

Just my 2 cents worth.

Sent with [ProtonMail](https://protonmail.com) Secure Email.

[-- Attachment #2: Type: text/html, Size: 2275 bytes --]

  reply	other threads:[~2017-04-19  4:28 UTC|newest]

Thread overview: 24+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2017-04-17  6:54 [bitcoin-dev] Small Nodes: A Better Alternative to Pruned Nodes David Vorick
2017-04-17  7:11 ` Danny Thorpe
2017-04-17  7:27   ` David Vorick
2017-04-20 15:50   ` Erik Aronesty
2017-04-20 23:42     ` Aymeric Vitte
2017-04-21 13:35   ` David Kaufman
2017-04-21 15:58     ` Leandro Coutinho
2017-04-17 10:14 ` Aymeric Vitte
2017-04-19 17:30   ` David Vorick
2017-04-20  9:46     ` Tom Zander
2017-04-20 20:32       ` Andrew Poelstra
2017-04-21  8:27         ` Tom Zander
2017-04-20 11:27     ` Aymeric Vitte
2017-04-18  7:43 ` Jonas Schnelli
2017-04-18 10:50 ` Tom Zander
2017-04-18 13:07   ` Tier Nolan
2017-04-18 23:19     ` Aymeric Vitte
2017-04-19  4:28       ` udevNull [this message]
2017-04-19 13:47         ` Angel Leon
2017-04-21 20:38 ` Gregory Maxwell
2017-04-23 16:27   ` Aymeric Vitte
2017-05-03 14:03   ` Erik Aronesty
2017-05-03 19:10     ` Natanael
2017-05-03 22:45       ` Aymeric Vitte

Reply instructions:

You may reply publicly to this message via plain-text email
using any one of the following methods:

* Save the following mbox file, import it into your mail client,
  and reply-to-all from there: mbox

  Avoid top-posting and favor interleaved quoting:
  https://en.wikipedia.org/wiki/Posting_style#Interleaved_style

* Reply using the --to, --cc, and --in-reply-to
  switches of git-send-email(1):

  git send-email \
    --in-reply-to='q2ESXdrCKqIkoFBVplGtaRC5yHXvrZHmWW5uixMP0Gw64KHhsH6GaZ_Ap-PouUSze4pf4mFmdyniT2CVKVX0kYUdQ1qJZxYAnBsmsCPuYEQ=@protonmail.ch' \
    --to=udevnull@protonmail.ch \
    --cc=bitcoin-dev@lists.linuxfoundation.org \
    /path/to/YOUR_REPLY

  https://kernel.org/pub/software/scm/git/docs/git-send-email.html

* If your mail client supports setting the In-Reply-To header
  via mailto: links, try the mailto: link
Be sure your reply has a Subject: header at the top and a blank line before the message body.
This is a public inbox, see mirroring instructions
for how to clone and mirror all data and code used for this inbox