How mining is supposed to work...
@lukedashjr there must be a way for #bitcoin nodes to send no-fee tx.. at least one no-fee tx per month. Agree?
@vjy Nothing is stopping you from mining your own transactions without a fee, except centralised miners.
@lukedashjr I'm not sure I said that correct.. :)
There are 10k nodes, and 10M tx/month.. To encourage full nodes, I'm suggesting miners should include 1 no-fee tx from a node, every month..
That would be 0.1% of all tx or 0.1% block space given to nodes
@vjy If proof-of-node was feasible, we probably wouldn't have proof-of-work.
@lukedashjr what's proof-of-node other than proof-of-storage (utxo)?
One way is, node identity.. use utxo to identify nodes + PoS (nothing at stake, except utxo is 30 days old)..
Say, for example, ₿100k linked to nodes, and nodes can send 100k (1% of 10M) tx for free, then ₿1 node can send 1 no-fee tx per month, and so on
@vjy Sounds like coin-age priority, which Core removed (and Knots retains)
@lukedashjr agree.. I don't even know this proof-of-node thing is feasible