{"type":"rich","version":"1.0","author_name":"npub17ty4mumkv43w8wtt0xsz2jypck0gvw0j8xrcg6tpea25z2nh7meqf4qgyd","author_url":"https://nostr.ae/npub17ty4mumkv43w8wtt0xsz2jypck0gvw0j8xrcg6tpea25z2nh7meqf4qgyd","provider_name":"njump","provider_url":"https://nostr.ae","html":"📅 Original date posted:2014-04-10\n📝 Original message:\u003e\n\u003e 1) There is no catch 22 as there are plenty of ways getting bitcoin\n\u003e without bootstrapping a full node.\n\u003e\n\nI think I maybe wasn't clear. To spend coins you need transaction data.\nToday, the dominant model is that people get that data by scanning the\nblock chain. If you can obtain the transaction data without doing that\nthen, either:\n\n1) Someone is doing chain scanning for free. See my point about \"why pay if\nyou can get it for free\".\n\n2) You got your tx data direct from the person you who sent you the funds,\nperhaps via the payment protocol. This would resolve the catch 22 by\nallowing you to spend bitcoins without actually having talked to the P2P\nnetwork first, but we're a loooooong way from this world.\n\nAnd that's it. I don't think there are any other ways to get the tx data\nyou need. Either someone gives it to you in the act of spending, or someone\nelse gives it away for free, undermining the charge-for-the-p2p-network\nmodel.\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140410/1862e335/attachment.html\u003e"}