Re: [Bitcoin-development] The Bitcoin Node Market

2015-06-16 Thread Aaron Voisine
Alternate funding strategy: With 1billion users, mr roger ver is now among the worlds first $trillionaires, and he generously donates to the non-profit organization responsible for both the wildly popular wallet, and his new found largess. On Tuesday, June 16, 2015, justusranv...@riseup.net < just

Re: [Bitcoin-development] The Bitcoin Node Market

2015-06-16 Thread Aaron Voisine
With their money, if they were to take advantage of optional additional financial services, like, as one example, comsumer protection insurance. Aaron On Tuesday, June 16, 2015, wrote: > On 2015-06-16 07:55, Aaron Voisine wrote: > >> Suppose a billion mobile phones wanted to run SPV wallets tom

Re: [Bitcoin-development] The Bitcoin Node Market

2015-06-16 Thread devrandom
On 2015-06-16 12:55 AM, Aaron Voisine wrote: >> Suppose a billion mobile phones wanted to run SPV wallets tomorrow. Who >> would provide the nodes they would need connect to? > > The SPV wallet author would if they wanted their wallet to function. I would also guess that the cost to provide serv

Re: [Bitcoin-development] The Bitcoin Node Market

2015-06-16 Thread justusranvier
On 2015-06-16 07:55, Aaron Voisine wrote: >> Suppose a billion mobile phones wanted to run SPV wallets tomorrow. >> Who >> would provide the nodes they would need connect to? > > The SPV wallet author would if they wanted their wallet to function. How will the SPV wallet users pay for this servi

Re: [Bitcoin-development] The Bitcoin Node Market

2015-06-16 Thread Aaron Voisine
> Suppose a billion mobile phones wanted to run SPV wallets tomorrow. Who > would provide the nodes they would need connect to? The SPV wallet author would if they wanted their wallet to function. Aaron Voisine co-founder and CEO breadwallet.com On Mon, Jun 15, 2015 at 10:28 PM, wrote: > On 2

Re: [Bitcoin-development] The Bitcoin Node Market

2015-06-15 Thread Potter QQ
No,Bitcoin 发自我的 iPhone > 在 2015年6月16日,13:28,justusranv...@riseup.net 写道: > >> On 2015-06-16 03:49, Kevin Greene wrote: >> ​Hah, fair enough, there is no such thing as the "right" way to do >> anything. But I still think punishing users who use SPV wallets is ​a >> less-than-ideal way to incent

Re: [Bitcoin-development] The Bitcoin Node Market

2015-06-15 Thread justusranvier
On 2015-06-16 03:49, Kevin Greene wrote: > ​Hah, fair enough, there is no such thing as the "right" way to do > anything. But I still think punishing users who use SPV wallets is ​a > less-than-ideal way to incentive people to run full nodes. Right now > SPV is > the best way that exists for mobil

Re: [Bitcoin-development] The Bitcoin Node Market

2015-06-15 Thread Raystonn
> Would SPV wallets have to pay to connect to the network too? The cost to compute and deliver the requested data will be pushed to the users of that node. This is the same way all costs, fees, and taxes of any business are always paid by its customers. The Bitcoin Network will not thrive in a de

Re: [Bitcoin-development] The Bitcoin Node Market

2015-06-15 Thread Aaron Voisine
We're planning to run our own full nodes to take load off the volunteer network as breadwallet use increases, and also contribute any SPV serving performance optimizations we can make to bitcoin-core. Just want to let people know we share these concerns and have plans to mitigate any negative impac

Re: [Bitcoin-development] The Bitcoin Node Market

2015-06-15 Thread Kevin Greene
Just thinking off the top of my head here: What if SPV wallets were exempt from the fee? Only full nodes would pay other full nodes when initially sync'ing the blockchain. Then as long as you keep your full node running for a long period of time, you'll eventually make back the cost you paid to sy

Re: [Bitcoin-development] The Bitcoin Node Market

2015-06-15 Thread Luke Dashjr
On Tuesday, June 16, 2015 3:30:44 AM Kevin Greene wrote: > Would SPV wallets have to pay to connect to the network too? From the > user's perspective, it would be somewhat upsetting (and confusing) to see > your balance slowly draining every time you open your wallet app. It would > also tie up out

Re: [Bitcoin-development] The Bitcoin Node Market

2015-06-15 Thread Kevin Greene
On Mon, Jun 15, 2015 at 8:41 PM, Luke Dashjr wrote: > On Tuesday, June 16, 2015 3:30:44 AM Kevin Greene wrote: > > Would SPV wallets have to pay to connect to the network too? From the > > user's perspective, it would be somewhat upsetting (and confusing) to see > > your balance slowly draining e

Re: [Bitcoin-development] The Bitcoin Node Market

2015-06-15 Thread Kevin Greene
know if he or someone else has begun writing code to implement > what was described in the liked post, but I'm sure he will reply to > you since he's subscribed to this mailing list. > > > > > > > > > > From: sick...@gmail.com > > Sent: Monday, Ju

Re: [Bitcoin-development] The Bitcoin Node Market

2015-06-15 Thread sick...@gmail.com
egun writing code to implement what was described in the liked post, but I'm sure he will reply to you since he's subscribed to this mailing list. > > > > From: sick...@gmail.com > Sent: Monday, June 15, 2015 12:18 PM > To: Raystonn . > Cc: Bitcoin Dev > Subject

Re: [Bitcoin-development] The Bitcoin Node Market

2015-06-15 Thread Raystonn .
] The Bitcoin Node Market Sorry for top posting and the brevity but I'm typing from my phone You shoud be interested in this post by Justus Ranvier then: https://bitcoinism.liberty.me/economic-fallacies-and-the-block-size-limit-part-2-price-discovery/ On Jun 15, 2015 8:57 PM, "Raystonn

Re: [Bitcoin-development] The Bitcoin Node Market

2015-06-15 Thread sick...@gmail.com
Sorry for top posting and the brevity but I'm typing from my phone You shoud be interested in this post by Justus Ranvier then: https://bitcoinism.liberty.me/economic-fallacies-and-the-block-size-limit-part-2-price-discovery/ On Jun 15, 2015 8:57 PM, "Raystonn ." wrote: > I have been toying wit

[Bitcoin-development] The Bitcoin Node Market

2015-06-15 Thread Raystonn .
I have been toying with an idea and figured I'd run it by everyone here before investing further time in it. The goal here is to make it sustainable, and perhaps profitable, to run full nodes on the Bitcoin Network in the long term. - Nodes can participate in a market wherein they are paid by