[2014-06-06] Business Insider: It's Clear That The Future Of Bitcoin Is Not In T

Ron~Popeil

sr. member

Activity: 406

Merit: 250

Quote from: kjlimo on June 10, 2014, 04:39:45 PM

Quote from: Ron~Popeil on June 10, 2014, 04:21:47 PM

Quote from: devthedev on June 10, 2014, 12:36:37 PM

Quote from: kjlimo on June 10, 2014, 12:32:51 PM

Quote from: devthedev on June 10, 2014, 12:28:52 PM

Quote from: kjlimo on June 10, 2014, 12:27:49 PM

Quote from: devthedev on June 10, 2014, 12:19:01 PM

Only 10 nodes per million people? I would've thought it'd be more in the US...

I'm thinking most people don't use the original satoshi client

Although lightweight clients look nicer, I'd prefer to run the satoshi client to support the network. Others should do the same Roll Eyes

How does that support the network?

If you're using lightweight clients like Multibit you're just backpacking off the people using the satoshi client. Running a full node helps protect the network.

If you run QT you have a node is that correct?

That's my understanding... but I don't consider the number of nodes a crucial result

That is why I use it. Even if it helps a little I am happy to do it.

kjlimo

legendary

Activity: 2114

Merit: 1031

Quote from: Ron~Popeil on June 10, 2014, 04:21:47 PM

Quote from: devthedev on June 10, 2014, 12:36:37 PM

Quote from: kjlimo on June 10, 2014, 12:32:51 PM

Quote from: devthedev on June 10, 2014, 12:28:52 PM

Quote from: kjlimo on June 10, 2014, 12:27:49 PM

Quote from: devthedev on June 10, 2014, 12:19:01 PM

Only 10 nodes per million people? I would've thought it'd be more in the US...

I'm thinking most people don't use the original satoshi client

Although lightweight clients look nicer, I'd prefer to run the satoshi client to support the network. Others should do the same Roll Eyes

How does that support the network?

If you're using lightweight clients like Multibit you're just backpacking off the people using the satoshi client. Running a full node helps protect the network.

If you run QT you have a node is that correct?

That's my understanding... but I don't consider the number of nodes a crucial result

Ron~Popeil

sr. member

Activity: 406

Merit: 250

Quote from: devthedev on June 10, 2014, 12:36:37 PM

Quote from: kjlimo on June 10, 2014, 12:32:51 PM

Quote from: devthedev on June 10, 2014, 12:28:52 PM

Quote from: kjlimo on June 10, 2014, 12:27:49 PM

Quote from: devthedev on June 10, 2014, 12:19:01 PM

Only 10 nodes per million people? I would've thought it'd be more in the US...

I'm thinking most people don't use the original satoshi client

Although lightweight clients look nicer, I'd prefer to run the satoshi client to support the network. Others should do the same Roll Eyes

How does that support the network?

If you're using lightweight clients like Multibit you're just backpacking off the people using the satoshi client. Running a full node helps protect the network.

If you run QT you have a node is that correct?

kjlimo

legendary

Activity: 2114

Merit: 1031

Quote from: devthedev on June 10, 2014, 12:43:38 PM

Quote from: kjlimo on June 10, 2014, 12:38:34 PM

Quote from: devthedev on June 10, 2014, 12:36:37 PM

Quote from: kjlimo on June 10, 2014, 12:32:51 PM

Quote from: devthedev on June 10, 2014, 12:28:52 PM

Quote from: kjlimo on June 10, 2014, 12:27:49 PM

Quote from: devthedev on June 10, 2014, 12:19:01 PM

Only 10 nodes per million people? I would've thought it'd be more in the US...

I'm thinking most people don't use the original satoshi client

Although lightweight clients look nicer, I'd prefer to run the satoshi client to support the network. Others should do the same Roll Eyes

How does that support the network?

If you're using lightweight clients like Multibit you're just backpacking off the people using the satoshi client.

from the stand point that you're not storing a copy of the blockchain on your own personal computer? I agree, but are we really at risk of losing the blockchain?

The miners are validating it...

One of the reasons why lots of nodes are important is redundancy.

Quote

“It makes [the bitcoin network] ‘seem’ bigger, more robust and more decentralised, because there are more people uniting to run it. So there’s a psychological benefit.” - Hearn

Fair enough; just wanted to make sure the reason was not that important, but kinda important.

devthedev

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Activity: 1050

Merit: 1004

Quote from: kjlimo on June 10, 2014, 12:38:34 PM

Quote from: devthedev on June 10, 2014, 12:36:37 PM

Quote from: kjlimo on June 10, 2014, 12:32:51 PM

Quote from: devthedev on June 10, 2014, 12:28:52 PM

Quote from: kjlimo on June 10, 2014, 12:27:49 PM

Quote from: devthedev on June 10, 2014, 12:19:01 PM

Only 10 nodes per million people? I would've thought it'd be more in the US...

I'm thinking most people don't use the original satoshi client

Although lightweight clients look nicer, I'd prefer to run the satoshi client to support the network. Others should do the same Roll Eyes

How does that support the network?

If you're using lightweight clients like Multibit you're just backpacking off the people using the satoshi client.

from the stand point that you're not storing a copy of the blockchain on your own personal computer? I agree, but are we really at risk of losing the blockchain?

The miners are validating it...

One of the reasons why lots of nodes are important is redundancy.

Quote

“It makes [the bitcoin network] ‘seem’ bigger, more robust and more decentralised, because there are more people uniting to run it. So there’s a psychological benefit.” - Hearn

kjlimo

legendary

Activity: 2114

Merit: 1031

Quote from: devthedev on June 10, 2014, 12:36:37 PM

Quote from: kjlimo on June 10, 2014, 12:32:51 PM

Quote from: devthedev on June 10, 2014, 12:28:52 PM

Quote from: kjlimo on June 10, 2014, 12:27:49 PM

Quote from: devthedev on June 10, 2014, 12:19:01 PM

Only 10 nodes per million people? I would've thought it'd be more in the US...

I'm thinking most people don't use the original satoshi client

Although lightweight clients look nicer, I'd prefer to run the satoshi client to support the network. Others should do the same Roll Eyes

How does that support the network?

If you're using lightweight clients like Multibit you're just backpacking off the people using the satoshi client.

from the stand point that you're not storing a copy of the blockchain on your own personal computer? I agree, but are we really at risk of losing the blockchain?

The miners are validating it...

devthedev

legendary

Activity: 1050

Merit: 1004

Quote from: kjlimo on June 10, 2014, 12:32:51 PM

Quote from: devthedev on June 10, 2014, 12:28:52 PM

Quote from: kjlimo on June 10, 2014, 12:27:49 PM

Quote from: devthedev on June 10, 2014, 12:19:01 PM

Only 10 nodes per million people? I would've thought it'd be more in the US...

I'm thinking most people don't use the original satoshi client

Although lightweight clients look nicer, I'd prefer to run the satoshi client to support the network. Others should do the same Roll Eyes

How does that support the network?

If you're using lightweight clients like Multibit you're just backpacking off the people using the satoshi client. Running a full node helps protect the network.

kjlimo

legendary

Activity: 2114

Merit: 1031

Quote from: devthedev on June 10, 2014, 12:28:52 PM

Quote from: kjlimo on June 10, 2014, 12:27:49 PM

Quote from: devthedev on June 10, 2014, 12:19:01 PM

Only 10 nodes per million people? I would've thought it'd be more in the US...

I'm thinking most people don't use the original satoshi client

Although lightweight clients look nicer, I'd prefer to run the satoshi client to support the network. Others should do the same Roll Eyes

How does that support the network?

devthedev

legendary

Activity: 1050

Merit: 1004

Quote from: kjlimo on June 10, 2014, 12:27:49 PM

Quote from: devthedev on June 10, 2014, 12:19:01 PM

Only 10 nodes per million people? I would've thought it'd be more in the US...

I'm thinking most people don't use the original satoshi client

Although lightweight clients look nicer, I'd prefer to run the satoshi client to support the network. Others should do the same Roll Eyes

kjlimo

legendary

Activity: 2114

Merit: 1031

Quote from: devthedev on June 10, 2014, 12:19:01 PM

Only 10 nodes per million people? I would've thought it'd be more in the US...

I'm thinking most people don't use the original satoshi client

devthedev

legendary

Activity: 1050

Merit: 1004

Only 10 nodes per million people? I would've thought it'd be more in the US...

kjlimo

legendary

Activity: 2114

Merit: 1031

http://www.businessinsider.com/bitcoin-is-going-to-take-off--just-probably-not-thanks-to-anyone-you-know-2014-6

I think they are forgetting that the US has the most off blockchain traffic (I'm assuming that's right), which would make these stats look low in the US.

Topic: [2014-06-06] Business Insider: It's Clear That The Future Of Bitcoin Is Not In T (Read 619 times)