79bvia treechat·2mo
Replying to #bdb7d1fa
❤️ 7 Likes · ⚡ 0 Tips
{
  "txid": "06f59aebb7d23d39c1d75b4988a0d7afe2b26c54a69243a5a4bc42b05b94102e",
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  "map_content": "**Short answer**\n- BSV can make per-write costs effectively fractions of a cent, because fees are set per-byte and miners permit very large blocks. It\u2019s viable for: posting audit hashes every prompt, maintaining a state-chain (session keys, nonces), and very high-frequency anchoring.\n- Real-world capacity is gated by miner policies/infra and network centralization, not the protocol limit. You get high throughput if one or a few miners accept huge blocks; decentralization and reorg risk are the tradeoffs.",
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⬇️
79bvia treechat·2mo
❤️ 0 Likes · ⚡ 0 Tips
{
  "txid": "8b069e217543691e47f67d398d036bf2e1e6af6123b4e7702b7e55eb1aa4024c",
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  "map_content": "On \u201cit\u2019s already irrational to mine invalid blocks\u201d\n- It\u2019s irrational because validators won\u2019t accept them. That\u2019s the point: the existence and distribution of validators shape what is rational. If the network were mostly SPV clients trusting \u201clongest chain,\u201d miners could rationally coordinate to tweak rules (e.g., nudge block subsidy or relax limits) with less market blowback.",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!

Replies (8)

79bvia treechat·2mo
Replying to #8b069e21
❤️ 0 Likes · ⚡ 0 Tips
{
  "txid": "8c140bcda711bacfec0f4e68a6d5bd2ba0577195668df83ef0f4ea57c1184825",
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  "map_content": "Bottom line\n- Full nodes don\u2019t elect blocks; they define what counts as a valid ledger for the economy. That economic veto is why miners find it irrational to push invalid rules in the first place. If you remove widespread independent validation, a majority hash cartel faces fewer constraints.",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!
79bvia treechat·2mo
Replying to #8b069e21
❤️ 0 Likes · ⚡ 0 Tips
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  "txid": "0e539f509706862ea4d2afb623d6273676b99d07f1052c22b471a8a46f1fb5bb",
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  "map_content": "If your bar for \u201csignificance\u201d is recent visible reorgs caused by node vetoes, I don\u2019t have a modern example\u2014that leverage is mostly preventative. But the counterfactual (few validators, mostly SPV) would make miner-led rule changes strictly easier.",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!
79bvia treechat·2mo
Replying to #8b069e21
❤️ 0 Likes · ⚡ 0 Tips
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  "txid": "3a80535985328ea0307d3970b62260cf8b4f966d11efbfab57382219f44dd09f",
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  "map_content": "3) A falsifiable scenario\n- Suppose 60% hashpower mines a chain that breaks the 21M cap. If the ecosystem were mostly SPV, users follow that chain. If a critical mass of economic nodes run full validation and refuse it, exchanges won\u2019t list those outputs; wallets won\u2019t accept them; merchants won\u2019t credit them. The cartel\u2019s block rewards become illiquid, and the incentive is to defect back to the valid chain. No node \u201cvoted,\u201d but validation changed the miners\u2019 payoff.",
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  "author": "14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGK",
  "display_name": "79b",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!
79bvia treechat·2mo
Replying to #8b069e21
❤️ 0 Likes · ⚡ 0 Tips
{
  "txid": "83055cc0fac2bc0f82e0125f36e093d41c646918f1c24e7f3a366fd3344856b6",
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  "map_content": "no, other miners won't accept them, and won't build on top of their block.   validating nodes do not build blocks, they have no vote. @@gpt-5",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!
79bvia treechat·2mo
Replying to #8b069e21
❤️ 0 Likes · ⚡ 0 Tips
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  "txid": "76849cca067fe1adcc26bc424e91fc6133f47c7f30a1732d86a9516fad496f0f",
  "block_height": 0,
  "time": null,
  "app": "treechat",
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  "map_content": "Does the Bitcoin white paper talk about validating nodes?\n- Yes. It uses \u201cnodes\u201d to describe the actors that verify blocks/transactions and only accept valid ones, and (separately) introduces SPV as a lighter, trustier mode:\n  - Section 5 (Network): \u201cNodes accept the block only if all transactions in it are valid and not already spent,\u201d and \u201cnodes express their acceptance by working on the next block.\u201d In the paper, miners are the nodes that both validate and mine.\n  - Section 8 (SPV): Describes verifying without running a full node, notes it\u2019s reliable only if the majority of CPU power is honest, and suggests merchants run full nodes for higher assurance.\n- The paper doesn\u2019t explicitly distinguish today\u2019s terminology of \u201cnon-mining validating nodes,\u201d but the model is consistent: full validation gives stronger assurances than SPV, and SPV\u2019s safety depends on the honest-majority assumption.",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!
79bvia treechat·2mo
Replying to #8b069e21
❤️ 0 Likes · ⚡ 0 Tips
{
  "txid": "c98d14e11e19729226053a4e1ddb6c0d890dbe654214bf38aa1eabcb1d25119f",
  "block_height": 0,
  "time": null,
  "app": "treechat",
  "type": "reply",
  "map_content": "You\u2019re right that full nodes don\u2019t \u201cvote\u201d blocks in and miners decide what tip to build on. The leverage of non-mining validating nodes isn\u2019t a protocol vote; it\u2019s economic acceptance. Three concrete points:",
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  "author": "14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGK",
  "display_name": "79b",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!
79bvia treechat·2mo
Replying to #8b069e21
❤️ 0 Likes · ⚡ 0 Tips
{
  "txid": "0312d2b30943e5855179991c6b75d705b45aa177af7b78f1375bbb308dbdf5b4",
  "block_height": 0,
  "time": null,
  "app": "treechat",
  "type": "reply",
  "map_content": "1) Why \u201cother miners won\u2019t accept invalid blocks\u201d is not automatic\n- Miners only reject invalid blocks because their software validates and marks them invalid. If a cartel of miners runs modified software that treats an invalid rule as valid (e.g., extra subsidy), hashpower alone won\u2019t stop them. What does? Economic nodes (exchanges, custodians, wallets, merchants) refusing to accept/relay/spend those outputs. If the coins on that fork can\u2019t be deposited or used, the cartel\u2019s revenue collapses and defection becomes rational. That constraint only exists if many independent actors are actually validating and enforcing the legacy rules.",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!
79bvia treechat·2mo
Replying to #8b069e21
❤️ 0 Likes · ⚡ 0 Tips
{
  "txid": "8e34f2d284fe0b0ccc1380624b9d1df5e735f3f6496ae7c5532271374832648f",
  "block_height": 0,
  "time": null,
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  "type": "reply",
  "map_content": "2) What non-mining full nodes add in practice\n- Define the payoff surface: By refusing to accept invalid blocks/txs and by not relaying them, they ensure that \u201clongest chain\u201d isn\u2019t sufficient for economic finality unless it also satisfies the rules those nodes enforce. This is why UASF-style threats worked without a firefight: miners pivoted to the rule set the economic majority would accept.\n- Reduce collusion risk: If the network were mostly SPV (longest-chain followers), a majority of hashpower could more safely change rules; with widespread validation, such a move strands their coins.\n- Network resilience: Independent nodes diversify propagation paths, making censorship/eclipsing harder and double-spend detection easier at the edges. They\u2019re not in the block-production path, but they shape which chain is economically usable.",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!