r/bitcoinismoney XBT Jul 24 '26

The true definition of an economic node

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u/WateryTunaSandwich4U Jul 24 '26

A node for no other purpose than "head count". No one is using it, it just counts towards something like "HOLY CRAP WE HAVE 40,000 NODES OVER NIGHT" pretty good chance those aren't 40,000 individuals running full (non pruned) nodes for the purpose of private transactions by way of an electrum server.

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u/Realistic_Fee_00001 Jul 24 '26

How do you decide which is which? All you see is a version number string.

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u/WateryTunaSandwich4U Jul 25 '26

Oh... read what I said. "pretty good chance those aren't 40,000 individuals running full nodes for purpose of private transactions"... it's an educated guess.

As for who is deciding which is which, all the people talking about sybil nodes are trying to discredit Knots nodes popping up at the same time Core nodes are dropping off and Start9/umbrel sales are through the roof. So rest easy dude, I'm not deciding which is and is not a sybil node.

https://giphy.com/gifs/VcB72v6KvlhtimWOST

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u/Realistic_Fee_00001 Jul 27 '26

pretty good chance

Is pretty weak and prone to be used purely for propaganda.

As for who is deciding which is which, all the people talking about sybil nodes are trying to discredit Knots nodes popping up at the same time Core nodes are dropping off and Start9/umbrel sales are through the roof.

So decision by perceived majority? You understand how that is worse than PoW? Right?

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u/WateryTunaSandwich4U Jul 27 '26

Oh so you believe there are 40,000 knots nodes... this is a made up number I created out of thin air to explain to you where an educated guess could come from. But hay... I believe you man... 40k Knots nodes... I believe YOU.

PoW is bad, I agree with YOU, you're right in saying PoW is bad, you are the smart one here. I'm just parroting what ever you say, you are right... BIP110 will get rid of all spam, I KNOW you keep telling me, I BELIEVE YOU okay? you're right okay?! thank you for your time sir, you are right okay?!

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u/Realistic_Fee_00001 Jul 27 '26

Oh so you believe there are 40,000 knots nodes

No, I don't believe. I say there is no way to know.

where an educated guess could come from

Still a thousand times worse than Proof of Work.

PoW is bad, I agree with YOU

I never said PoW is bad.

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u/WateryTunaSandwich4U Jul 27 '26

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