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SSchwurBler2d ago
But what would be the point? The miner wastes 500k on adding a bunch of, as you say, low value nodes to the network? What would they relay? Blocks with large op_returns? Assuming BIP110 nodes are 10% of the network and the miner has added 10% to the total of relay nodes, the added nodes are basically doing what 90% of nodes were doing before. The added nodes would be even more pointless than the BIP110 nodes. I would really like to understand your angle here and if this could be a threat to Bitcoin in some way.
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Iihsotas2d ago
I don’t think it’s a threat. The point is a minority of low economic value nodes aren’t that important be they bip110 or random miner front nodes. Any given node is not important. The post claims that because people can push non standard but consensus valid transactions around the network despite a minority of nodes being against them it is somehow not decentralized. It’s a nonsense claim. The tyrannical minority not getting their way is decentralization in action. If the mining network has sufficient nodes to relay their transactions and large important nodes don’t abandon core for bip110 all we will see is an increasingly hostile minority try to threaten network participants. The network will be split, but because the bip110 people know they have no hash power behind them they won’t make a clean hard fork.
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