Why do people buy linkpool shares if its so much cheaper to run your own node?
You can literally set your own node in 10 minutes by following this guide
So whats the reason, am I missing some big picture things?
LINKPOOL
Asher Smith
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Brayden Campbell
wrong link:
Gabriel Lee
>Why do people buy linkpool shares if its so much cheaper to run your own node?
because they enjoy rimming horses
Jason Flores
memes aside there has to be an actual reason right?
Dylan Jones
Don't have to worry about uptime, finding node requsters, reputation, my collateral is safe, Jonny takes 25% of profits.
Get profits from his profits (staking, marketplace, naas, etc.) depending on how many LP shares I have.
You won't have to have a share to stake with LP in the future but you will get priority in the begining (importatnt if you want to earn a lot of Link at the start) if you hold LP.
Jeremiah Mitchell
wont that lead to alot of centralization problems?
Eli Hughes
In practice, LINK will be centralized. And it will go to $1000 anyway.
Gavin Mitchell
'decentralization' is only needed up to a point where you get diminishing returns on further decentralization.
Setting up nodes are the easy part - how will you source valuable, private data for your node? Take PSD2 for example - you think banks are just going to let any literal who node resell their data for free?
20% of nodes will handle 80% of the traffic and neet nodes definitely won't be part of the 20%
Justin Torres
Your attitude reminds me of Tay.
Heil hitler
James Clark
How much does it cost to set up your own node? I never see anyone post the actual cost.