Lightning nodes could monetize by offering both on-chain and off-chain transactions, selling user transaction data and other services. They could also enable users to earn bitcoin through services like 21 Earn. Running a full node could generate revenue through oracle services that report on events or answer questions for fees, helping to incentivize decentralization and make larger blocks more affordable.

1. Monetizing Full Nodes

2. How lightning nodes are perceived

3. How we envisage lightning nodes
Alice Bob

4. Lightning Transaction @ Bcoin
hackathon
Nathan
Alex

5. How will lightning nodes monetize?
• Offer both off-chain and lightning transactions
• Information on users’ transactions
• Ability to sell other services to users
• Provide users opportunities to earn Bitcoin
themselves (e.g. 21 Earn)

6. • Bcoin runs everywhere and everyone can hack
on it
• Bcoin could be part of every browser (maximal
decentralization)
• Increases the resilience of the P2P network
(alternative implementation)

7. Oracle services
• Users enter into P2P risk contracts (e.g. on
RiskBazaar, Augur)
• Allocate a lightning node as the oracle
• Lightning node reports on events / answers
questions for a fee e.g. state of blockchain

8. Solving the block size debate
• Incentivizing the running of Bitcoin full node
• More people running full nodes -> More
decentralization
• Ability to generate revenue will make it more
affordable to run full node with bigger blocks

9. P2P Contract on RiskBazaar

10. Laolu (Roasbeef)’s node
Michael Nathan
“Laolu – did the kids receive the Bcoin
hackathon prize of 1BTC on the blockchain?”