bitcoin is not p2p - page 3. | Bitcointalksearch.org

giantblckdld

newbie

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No it is not p2p. You cannot download a coin like an mp3 file. There is no file sharing.

Yes good, you noticed. Bitcoin is not a file sharing network, it is a payment system.

I can send a Bitcoin to you and you can send a Bitcoin to me.
We have equal rights in the Bitcoin payment system : we can both pay and receive a payment. This is p2p.

With VISA or MasterCard : you have to pay for a terminal, pay a yearly subscription and fees to receive a payment. The sender and the receiver do not have equal rights, this is not p2p.

giantblckdld

newbie

Activity: 31

Merit: 0

Quote from: ?? on ??

In a real p2p coin system everyone should have one share-coin each time he is online.

Not in a Proof-of-Work system. The people that mine the more, get more coins but it is still a p2p network.

Quote from: ?? on ??

If you can share a coin through the network like an mp3 file then why you mine it? Mining is a stupid procedure. It is waste of time, money and energy.

Don't avoid the subject, you were wrong, Bitcoin is p2p.

I agree, it is a waste of energy when we have Proof-of-Stake but this is an other topic.

Buziss

hero member

Activity: 896

Merit: 1000

Quote from: ?? on ??

Bitcoin is confused system. It mixes two different systems together. You must decide what you are. Are you capitalists or communists? If you are capitalists forget p2p and find another system. If you are communists then make a real p2p coin. Bitcoin is not 100% p2p and not 100% decentralised.

Why communists? Where do you get the idea that bitcoin is a communist system?

vnvizow

sr. member

Activity: 364

Merit: 250

Quote from: ?? on ??

Quote from: vnvizow on April 16, 2014, 04:37:22 AM

OP wants Bitcoin communism! Grin

p2p is communism itself. If you dont like it then dont use it.

Bitcoin is capitalist. So why bitcoin uses a communist system?

The hell you're talking about? Bitcoin is decentralized not Communistic, well in a sense it does sound communistic but it ain't

kooke

sr. member

Activity: 448

Merit: 250

Bitcoin super-duper-mega-ultra-hyper-node

Only thing that isn't decentralized is hashing power with the large mining operations. The blockchain itself is shared equally among peers. As for a system where everyone has an equal share of coins, it simply wouldn't work in a decentralized system.

giantblckdld

newbie

Activity: 31

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Quote from: ?? on ??

Quote from: giantblckdld on April 16, 2014, 02:56:00 AM

Quote from: ?? on ??

Quote from: giantblckdld on April 15, 2014, 08:33:00 AM

Quote from: bobos15 on April 14, 2014, 11:11:13 AM

b]All nodes have equal rights[/b]. In the bitcoin network computers do not share their resources (coins) equivalents and nodes do not have equal rights between them.

They have equal rights but not equal power (hashing).

So they dont have equal rights. So the system is not p2p.

No it is 2 different things :
- A right is what you are allowed to do or not on the protocol. Everyone is a "peer" on the network, every peer is allowed to do the same things as other peers.
- A hashing power is how much you contribute to the network. Every peer is unique because it is impossible to have the exact same hardware and even if it is the same hardware, the connection and bandwidth will never be the same depending on the location.
Compare with P2P downloading : everyone can upload an download content but everyone have a different computer and Internet connection, yet it is peer-to-peer.

Yes but in a real p2p network the content is the same in all computers. Bitcoin breaks the p2p rules.

The content of the p2p have nothing to do with the network rights or peers.
Imagine if all the content of the torrent network (that is a real p2p) was a single mp3 file because all peers would have the same content. Absurd.
All peers must have a different content.

There is no universal p2p rules. Each p2p network has it own set of rules. Each peer is different inside a p2p network.

Bitcoin is a real p2p decentralised network.

vnvizow

sr. member

Activity: 364

Merit: 250

OP wants Bitcoin communism! Grin

giantblckdld

newbie

Activity: 31

Merit: 0

Quote from: ?? on ??

Quote from: giantblckdld on April 15, 2014, 08:33:00 AM

Quote from: bobos15 on April 14, 2014, 11:11:13 AM

b]All nodes have equal rights[/b]. In the bitcoin network computers do not share their resources (coins) equivalents and nodes do not have equal rights between them.

They have equal rights but not equal power (hashing).

So they dont have equal rights. So the system is not p2p.

No it is 2 different things :

- A right is what you are allowed to do or not on the protocol. Everyone is a "peer" on the network, every peer is allowed to do the same things as other peers.
- A hashing power is how much you contribute to the network. Every peer is unique because it is impossible to have the exact same hardware and even if it is the same hardware, the connection and bandwidth will never be the same depending on the location.

Compare with P2P downloading : everyone can upload an download content but everyone have a different computer and Internet connection, yet it is peer-to-peer.

shanjun

newbie

Activity: 42

Merit: 0

Profound feeling good, don't understand completely

giantblckdld

newbie

Activity: 31

Merit: 0

Quote from: bobos15 on April 14, 2014, 11:11:13 AM

b]All nodes have equal rights[/b]. In the bitcoin network computers do not share their resources (coins) equivalents and nodes do not have equal rights between them.

They have equal rights but not equal power (hashing).

oli123123

legendary

Activity: 1445

Merit: 1000

Are you for real? Bitcoin is open source, you can check it.

Lamber

member

Activity: 75

Merit: 10

Quote from: DannyHamilton on April 14, 2014, 11:21:02 AM

Quote from: bobos15 on April 14, 2014, 11:11:13 AM

A p2p network is a network that allows two or more computers to share resources equivalents. All nodes have equal rights. In the bitcoin network computers do not share their resources (coins) equivalents and nodes do not have equal rights between them.

I don't think you understand what a peer-to-peer network is.

Also, bitcoins are not network resources.

Also, all full nodes are equivalent and have equal rights to braodcast and receive transactions and blocks.

Good point.

Testing123

hero member

Activity: 561

Merit: 500

As DannyHamilton mentioned, the bitcoin itself is not the network resource.

counter

hero member

Activity: 798

Merit: 500

Time is on our side, yes it is!

seems to fall in the p2p category to me and I'm just somewhat knowledgeable on the matter. I'm just not sure what the point The OP is getting at.

jparsley

sr. member

Activity: 266

Merit: 250

Bitcoin uses p2p for transactions/mining have u seen the source code

simtal

member

Activity: 83

Merit: 10

"A peer-to-peer (P2P) network is a type of decentralized and distributed network architecture in which individual nodes in the network (called "peers") act as both suppliers and consumers of resources, in contrast to the centralized client–server model where client nodes request access to resources provided by central servers."

Just in Bitcoins case the resources supplied and consumed is the blockchain.

Kiki112

full member

Activity: 196

Merit: 101

we mine peer-to-peer don't we? Cheesy

therefore bitcoin is p2p

DannyHamilton

legendary

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Quote from: bobos15 on April 14, 2014, 11:11:13 AM

A p2p network is a network that allows two or more computers to share resources equivalents. All nodes have equal rights. In the bitcoin network computers do not share their resources (coins) equivalents and nodes do not have equal rights between them.

I don't think you understand what a peer-to-peer network is.

Also, bitcoins are not network resources.

Also, all full nodes are equivalent and have equal rights to braodcast and receive transactions and blocks.

bobos15

newbie

Activity: 40

Merit: 0

A p2p network is a network that allows two or more computers to share resources equivalents. All nodes have equal rights. In the bitcoin network computers do not share their resources (coins) equivalents and nodes do not have equal rights between them.

Topic: bitcoin is not p2p - page 3. (Read 4301 times)