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by dpkp
3120 days ago
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I guess I just have never found support for that in the nakamoto paper. You obviously have strong feelings about it, and I'm not trying to provoke an argument. I just still don't understand where in the paper there is any discussion of non-mining nodes. The only place I can find mention of nodes that are not working on constructing new blocks on the network is in Section 8 re: the simplified verification protocol. |
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I believe in 2008 Satoshi did not understand the full implications of ASICs or economies of scale. (S)he probably didn't even realize that ASICs existed.
Regardless of the whitepaper, in our modern cyberscape the only way to be certain that the original rules (21m coins, can only spend your own money, etc.) are followed is to be confident that a wide and deep pool of users are verifying them. That is strictly at odds with heavy on-chain scaling.