Author

Topic: [2014-06-06] Business Insider: It's Clear That The Future Of Bitcoin Is Not In T (Read 593 times)

sr. member
Activity: 406
Merit: 250
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.
legendary
Activity: 2086
Merit: 1031
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
sr. member
Activity: 406
Merit: 250
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?
legendary
Activity: 2086
Merit: 1031
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.
legendary
Activity: 1050
Merit: 1004
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
legendary
Activity: 2086
Merit: 1031
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...
legendary
Activity: 1050
Merit: 1004
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.
legendary
Activity: 2086
Merit: 1031
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?
legendary
Activity: 1050
Merit: 1004
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
legendary
Activity: 2086
Merit: 1031
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
legendary
Activity: 1050
Merit: 1004
Only 10 nodes per million people? I would've thought it'd be more in the US...
legendary
Activity: 2086
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.
Jump to: