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Humility 2 weeks ago
I’m a newcomer, and not a technically savvy person. Learning the fundamentals of the protocol, and the technology is an uphill battle, but one that seems worse climbing. From my narrow understanding, what I’ve gathered is that the amount of people contributing to mining process is more important receiving returns from the process. The through line I’ve heard from people expressing this sentiment is that this helps secure the network through de-centralizing the mining process even more so, and not to expect any return. If anything expect to pay a fee and consider that as a small price for a securing the network further. As I said before, I am not technically savvy. Before Bitcoin I had issue managing files let alone a seed phrase. I have not implemented any of these node mining protocols, or bip 110, currently running a standard mode on bitcoin core. Would you mind explaining what you mean by “faulty” nodes? It sounds like you have a complete opposite opinion and I’m curious why that is as a newbie. Appreciate the patience in advance

Replies (1)

I mean nodes that are out of consensus with the network. That is, those signalling for BIP110. As for mining without reward, good luck keeping that up. It's antithetical to rational economic action. By all means decentralize the hash rate, but find ways to do it that are profitable, either outright, through heat reclamation, or at least through the intangible value of paying slightly more for KYC-free sats. You do nobody any favors being a martyr, and won't last long. Bitcoin is not a charity, and the last guy known for professing altruism in the space is in prison for a very very long time.