[Bitcoin-development] The Bitcoin Node Market

Aaron Voisine voisine at gmail.com
Tue Jun 16 04:12:14 UTC 2015

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
impact on the network.

Aaron Voisine
co-founder and CEO

On Mon, Jun 15, 2015 at 8:49 PM, Kevin Greene <kgreenek at gmail.com> wrote:

> On Mon, Jun 15, 2015 at 8:41 PM, Luke Dashjr <luke at dashjr.org> 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 every time you open your wallet app. It
>> would
>> > also tie up outputs every time you open up your wallet. You may go to
>> pay
>> > for something in a coffee shop, only to find that you can't spend your
>> > bitcoin because the wallet had to create a transaction to pay to sync
>> with
>> > the network.
>> >
>> > Also, users of centralized wallet services like Coinbase would not have
>> to
>> > pay that fee; but users of native wallets like breadwallet would have no
>> > such option. This incentivizes users to use centralized wallets.
>> >
>> > So this is kind of imposing a worse user experience on users who want to
>> > use bitcoin the "right" way. That doesn't seem like a good thing to me
>> :/
>> SPV isn't the "right" way either ;)
> ​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 mobile phones to participate in the network in
> a decentralized way. This proposal makes the user experience for mobile
> wallets a little more confusing and annoying.
>> If you're running a full node (the real "right way"), you should be able
>> to
>> earn more bitcoins than you pay out.
>> Luke
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