# Gavin Andresen
# 2014-10-28 15:53:19
# https://bitcointalk.org/index.php?topic=176684.msg9358289#msg9358289

@s{quotedtext}
@s{quotedtext}
 @p{brk}
You seem to have a very narrow definition of "decentralized system."  @p{par}

In the future I imagine nodes might probabilistically check a random subset of transactions, and broadcast "this transaction is fraudulent" if they find anything wrong.  If you imagine a million nodes, each fully validating one-in-ten-thousand transactions then you get each transaction validated on average 100 times. @p{par}

That's not so different from your 'treechains' idea (just simpler and easier to reason about, in my humble opinion). @p{par}

If you think that hardware costs are going to dominate decentralized-versus-centralized payment network costs, then I think you're wrong. Hardware is cheap, people are expensive. @p{par}

But all of this is really arguing angels-dancing-on-the-heads-of-pins; we've got years before we have to worry about how to fund network security, and a whole lot of things to work on before then. @p{brk}