One thing the Genesis upgrade is making me realize (even mo…

Twetch ·

One thing the Genesis upgrade is making me realize (even more) is how absurd it is to run node software w/out mining.
Zero incentive to do so. What is the incentive to process a complex script that takes up significant CPU resources when you can't be paid?

Replies

Twetch ·

What is the incentive to process and validate a 500 MB block when you are not collecting the fees?
Whoever are running nodes in AWS need to seriously come up with a plan ASAP.
f the transaction volume spikes and people start creating weird scripts...

Twetch ·

You can find your business disrupted, your customers pissed off and a large bill for absolutely nothing in return.

Nodes are miners, 'full stop'.

Everything else is a Sybil attack on Bitcoin.

Twetch ·

would love your thoughts about how unwriter is preparing his tools and nodes for this. im sure he has thought about it ;) . maybe we can talk about this over dinner in Jan