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I'm an IOTA fan* but there aren't enough full nodes in the tangle at the moment (and also no direct financial incentive for more public ones to be created, afai
by corford 9y ago
I'm an IOTA fan* but there aren't enough full nodes in the tangle at the moment (and also no direct financial incentive for more public ones to be created, afaik?). You just had to witness their slack last night to see that. People were setting up nodes and getting overrun almost immediately (I saw a guy complain he'd set up 4x 32GB nodes and watched them get swamped and CPU pegged within seconds). I gave up on a bitfinex withdrawal after waiting 12+ hours for it to process.
But, yes, at least with IOTA the tech is proven. More nodes will let it scale. I just wonder how they will incentivize these nodes to come in to existence and keep ownership of them reasonably decentralized/well distributed (and make it easy for light wallet users to find and use them).
* though admittedly I don't follow the project too closely - so apologies if some of the above is off-base/wrong.