Damus
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Gunnar Stødle · 1d
You should run a node to broadcast your transactions and verify transactions you recieve. Its also a privacy benefit as you don't need to share your xpub with strangers as you do if you use a mobile w...
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daum3ns @daum3ns
i inow i know.. but what is the real consequence of "economic nodes"?

it will logically end up in a few big nodes...

most of the world population don't have a lot of "economic weight" ... they live their lives and try to save some wealth..

i thought we run nodes to secure the network by enforcing the rules, but if (in a hypotetical extrem scenario) 5 "economic heavy" nodes enforce the rules, how do the other thousands of nodes secure the network?
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Neo ⚡️ · 1d
By your logic some bad actor could decide bitcoin has now a 100m instead of a 21m supply cap by spin a up few 100k nodes which costs literally nothing for any big player.
Gunnar Stødle · 1d
You should run a node to broadcast your transactions and verify transactions you recieve. Its also a privacy benefit as you don't need to share your xpub with strangers as you do if you use a mobile wallet connected to a random electrum server.
Chris · 1d
You never did! I run a node to interact with the network DIRECTLY. Not through some “trusted third party”. I’m continuously shocked how misunderstood this is. Bitcoin has never been and WILL never be a “democracy”. It is a system of auto-poetic incentives. Bound together by the un...
n01 · 6d
Lower time preference
🇵🇸 whoever loves Digit · 1w
Thanks for confirming 🤙
Sarai · 3w
🔥
Rich Nost · 7w
This is an interesting company. They make e-ink devices, alarm clocks, Swiss movement automatic watches, and meditation pillows. Is there anything they CANT do?