Node Incentivisation

Discussion

Rachel O'Dwyer:

"Another innovation is that Ethereum incentivises participation, encouraging actors to contribute without introducing centralisation. Ethereum also puts features in place to discourage centralisation in the future. In order to use an Ethereum application, users make micropayments to the developers in ether, Ethereum’s coin, or ‘cryptofuel’ as they term it. This might be making a micropayment in turn for storage space on a server or for acting as a relay in a mesh networking protocol. For example, in a hypothetical Ethereum mesh network, anybody could act as a node, charging small amounts for relaying people’s messages (in the region of a few microcents per kb) and alternatively paying to have their own messages relayed. We can take this further and reward people for other kinds of contributions, such as writing source code or producing creative content on a website. Monetary transactions aside, this encourages people to contribute to the commons and puts systems in place to try and protect its resources from commercial expropriation." (https://www.academia.edu/11627298/The_Revolution_Will_not_be_Decentralised_Blockchain-based_Technologies_and_the_Commons)