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by SilasX
1386 days ago
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>Number of nodes is a poor metric that is easily gamified (pumped up), presenting an artificial picture. If a blockchain's economics purposefully incentivizes nodes, then number-of-nodes is entirely subsidized, in one common example. I'm not sure that this dynamic would compromise the metric's usefulness. A cryptocurrency can only offer such incentives in-protocol if it's made the currency have real-world, persistent value. So any ability to bribe users to run nodes would itself be a validation of the cryptocurrency's success/influence/etc. (That is, being paid 1000 ScamCoins a week to run a node won't be much of an incentive if they're only worth trillionths of a penny each.) I do agree your next paragraph identifies a real problem though: >Further, the "Sybil" factor - which one party controls many nodes - and other centralizing factors - e.g. 90% of nodes are on Big Cloud - also complicates the number-of-nodes use as a simple metric and useful comparator. It's definitely hard to identify how truly independent the nodes are. |
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