Jeff Swann @Jeff Swann - 7mo
No, Steve explicitly says that it doesn't matter how many people run nodes & that as long as one person has the history the chain can recover. He doesn't seem to get that if only one person runs a fully archival node, then everyone has to trust that node's version of history.
Still have to validate from issuance or you are trusting someone to do it for you. Triple entry accounting isn't actually triple entry unless you validate from issuance.
No, miners compete in a number guessing lottery that allows them to officially put the transactions in order, making a block. But the nodes validate all transactions they recieve before they even relay them to miners. Nodes validate everything. Even in BCH people running nodes had to run the BCH code first & then wait for miners to make BCH blocks. It was the nodes that changed the rules. The network is the economically active nodes which pay the miners to mine. The idea that miners are the network is basically like trying to apply the labor theory of value to blockchains.
