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Topic: How Many Full Nodes Bitcoin Online ? (Read 22452 times)

legendary
Activity: 4186
Merit: 4385
June 04, 2019, 08:51:57 AM
"Maxwell, Wuille Co-Author Proposal for a Big Boost to Bitcoin’s Bandwidth"

i had a discussion with gmax about minisketch utility a while back
he was wanting to use minisketch just for the compact block part of network protocol once a block was confirmed. the funny point i was trying to make him realise was, why are nodes foolishly ignoring transactions at the initial transaction relay to even need to mini sketch at blockheader propagation.

seems it took him long enough to cotton on to sort out the initial transaction relay part

gotta find it funny how theres lines of code to ignore transactions using min fee and min dust at initial tx relay. then more code to analyse whats missing and grab them same tx's later
legendary
Activity: 938
Merit: 2540
<>
June 04, 2019, 06:21:58 AM
"Maxwell, Wuille Co-Author Proposal for a Big Boost to Bitcoin’s Bandwidth"

Quote
Called Erlay, the proposed protocol alters the way transactions are relayed so that they use significantly less bandwidth, an important resource for the nodes that make up the network. The authors include The University of British Columbia researcher Gleb Naumenko as well as two bitcoin development heavy-weights: Greg Maxwell and Pieter Wuille.

https://www.coindesk.com/maxwell-wuille-co-author-proposal-for-a-big-boost-to-bitcoins-bandwidth

A little more information about this:

https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2019-May/016994.html

https://arxiv.org/abs/1905.10518
legendary
Activity: 4186
Merit: 4385
most phone based 'full nodes' are not full nodes.

firstly by default they hold a pre installed blockchain (defeats purpose of decentralised syncing)
(also risk of man in middle malware preinstalled)

secondly, if prunned the 'node' no longer becomes a seed for other nodes to leach from thus losing 'full' ability of aiding the network

thirdly some of these apps dont ip link to random other full nodes but API call known/named nodes of the phone software(their own special dns)

fourthly although 5g has the speed to relay current data propagation fast. the line rental plans of cell phones become a hindrence

this is why full nodes should be for landline/computers... and litewallets for cell phone. after all a cellphone would overheat/break quick if used as a 24/7 piece of equipment thats always charged and in use.
trying to make bitcoin go backwards by making it attempt to run on any device including a glorified calculator, does not help the network
legendary
Activity: 938
Merit: 2540
<>
^
I'm still using my full node 24/7

But I like to report the news presented by the companies and more when it comes to the possibility of installing a complete node in a phone.

The people of the street are the ones who will take us to the massive adoption with news like this, presenting their product to the public with Bitcoin for their promotion in the market.

I would like to see news like this every day.

People who are not part of Bitcointalk or the virtual currency forums do not want, nor are they interested in how to manage a full node with their wallet, they want to send and receive BTC in an application on their phone without complications.

We already know that this does not work like that and then the claims will come...

I would not buy the phone either. Wink

About the code I found this:

Quote
The phone also comes with a built-in hardware wallet, known as the Zion Vault. First introduced with the Exodus 1 earlier this year, the Zion Vault stores cryptocurrency keys in a trusted execution environment, allowing users to easily own and spend cryptocurrencies without exposing them to malicious applications.

The Exodus 1s will take the vault a step further, releasing a software development kit (SDK for the Zion Vault. The new toolkit will allow developers to explore integrating cryptocurrencies and the smartphone with third-party apps. “We understand it takes a community to ensure strength and security,” HTC said in the announcement, “so it’s important to the EXODUS team that our community have the best tools available to them.”

https://cryptobriefing.com/htc-phone-bitcoin-full-node/
legendary
Activity: 938
Merit: 2540
<>
HTC to Launch EXODUS 1s, Smartphone With Full Node Capacity

Quote
The phone can support the pruned version at all times, but the use of the full blockchain will require an additional SD card.
Additionally, it is recommended that users only run a node off of a stable Wi-Fi connection due to the large data requirements and have a way to recharge the phone on hand.
https://bitcoinmagazine.com/articles/htc-launch-exodus-1s-smartphone-full-node-capacity/

Nice news.
legendary
Activity: 938
Merit: 2540
<>
"Research: 60% of All Bitcoin Full-Nodes Are Still Vulnerable to Inflation Bug"

Quote
According to bitcoin (BTC) node stats reported on the website of bitcoin core developer Luke Dashjr, 60.22% of the coin’s full-nodes are running software still vulnerable to the inflation bug at press time.

https://cointelegraph.com/news/research-60-of-all-bitcoin-full-nodes-are-still-vulnerable-to-inflation-bug

If what you say is true, you must update all the nodes.

My Full Node is already updated 0.18.0
legendary
Activity: 938
Merit: 2540
<>
April 02, 2019, 01:23:05 PM


Lightning Network Reaches Milestone 5m Capacity

Quote
Network nodes now number 7773, an increase of 11 percent versus one month ago, while the number of channels has reached 39,126,
24 percent more than at the start of March.

https://bitcoinist.com/bitcoin-lightning-network-reaches-milestone-5m-capacity/
legendary
Activity: 938
Merit: 2540
<>
April 01, 2019, 09:28:54 AM
^
A very complete poll, It is very well made and the result in the impeccable presentation.
 
Cypherpunk movement UP

Thx.
legendary
Activity: 1652
Merit: 4392
Be a bank
March 08, 2019, 03:09:07 PM
https://twitter.com/lopp/status/1104088607000854528
I ran this survey about operating Bitcoin nodes 3 years ago; please fill it out if you have a moment so that we can see if sentiments have changed!
https://docs.google.com/forms/d/e/1FAIpQLScOopaaULcpVe0boWHKrvrP0XIj_G6ZodLrv73jO3HQDVfpQA/viewform

-might be interesting
legendary
Activity: 938
Merit: 2540
<>
February 02, 2019, 02:48:44 AM
Two very interesting articles.

- The first Taproot:

Taproot Is Coming: What It Is, and How It Will Benefit Bitcoin

https://bitcoinmagazine.com/articles/taproot-coming-what-it-and-how-it-will-benefit-bitcoin/

- The second Graftroot:

How Delegating Signatures Allows for Near-Infinite Spending Variations

https://bitcoinmagazine.com/articles/graftroot-how-delegating-signatures-allows-near-infinite-spending-variations/

In both articles there are direct links to the original proposals of the developers.

legendary
Activity: 938
Merit: 2540
<>
January 20, 2019, 03:50:08 PM
I understand the different opinions in the debate and it is good that readers see all the technical points, but it is also interesting to continue informing about the state of the network of nodes and how important it is for Bitcoin.

Bitcoin (BTC) Network Nodes Grow Up Over 10,000 After Difficult Times in 2018

The number of reachable nodes was 10214 with the largest number of them located in the United States. The U.S. accounts for 24.37% of the total of Bitcoin nodes around the world, equal to 2491. The U.S. is followed by Germany with 1949 reachable nodes (19.06%). France was located in the third place with 677 nodes or 6.62% of the total number of nodes around the world. The top 10 places include the Netherlands, China, Canada, the United Kingdom, Singapore, Russia and Japan.

Source >https://bitcoinexchangeguide.com/bitcoin-btc-network-nodes-grow-up-over-10000-after-difficult-times-in-2018/

I sincerely appreciate the participation of everyone in this thread of Full Nodes.
legendary
Activity: 4186
Merit: 4385
January 14, 2019, 05:19:24 PM
@franky1 I don't understand why you insist in the constant bashing and ridiculous ad hominem attacks against gmaxwell.

When someone resorts to personal attacks, it means he or she is out of arguments, and resorts to this in desperation for having lost the debate.

oh look more poking the bear.. ill bite, yet again..
but before i begin. i did try avoiding the pokes of the bear for the hypocritical point of what is wrote above in regards to ad-hom. where i tried to avoid derailing into persona comments unrelated to bitcoin full node issues.
but seeing as more than one person wants a response. ill give it.

i make points about how core devs are doing things that are taking people off the network. bitcoin is not some AI that self codes. yes i mention devs by name such as wuille lukeJr and gmax
that is not ad-hom. that is highlighting who is involved

i have never made a comment about gmaxwell personal attributes that had nothing to do with the topic. EG i do not meander into attacks about his beard or the way he walks down a sidewalk.

instead i talk about bitcoin issues caused by devs. and yes its those devs that cause issues should be mentioned.
the funny part is how instead of understanding the content of the issues such as how their code has got negative impact. they want to meander the topic into appearing as if its a personal attack.
they keep writing code. but then pretend to be powerless janitors that cant code. they themselves play the ad-hom game by changing bitcoin but whenever anyone highlights the changes. suddenly the commenter must be some personal attacker.

the buzzwords "ad-hom" is an old and repeated strategy the core devs keep falling back on as their way to avoid answering why they are coding what they code.
the funny part though is if you done a word count on insulting/vulgar words. you will find those who are in core friendly group are the ones that do more 'attacks'. but i do not care about their vulgar meanders. i just continue to highlight the issues about bitcoin. and let them circle their out-dated tactics of avoiding listening to the community.

sorry but devs are not the victims here. greg got well paid to stifle bitcoin between 2015-2017 and has enough income to live happily because of it.
if you think greg is not involved in a "roadmap". well here is the advert naming it
https://bitcoin.org/en/bitcoin-core/capacity-increases
and here is the roadmap itself. note the creator at the top
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-December/011865.html
what bitcoin has become is a network where:
if it doesnt follow cores roadmap, opposers are deemed not as a counter option. but as an attacker that needs to disappear.
devs prefer to have less people using the network
devs do not want bitcoin to be a unique success, as they are happy to program other networks and promote other networks and even promote their involvement of pushing counter options off the network

note. the false promotion
"been working on scalability for several years" (that was wrote in 2015 meaning they have ben scaling for years prior)
yet. satoshi in 2010 mentioned the 7tx/s number and so yea 2018-19 i questioned gmax about his "working on scaling BITCOINS SYSTEM" to show m one single day that out paces numbers known about since 2010, to show that scaling is actually occurring

oh and a further point about when Gmax shot himself in the foot with the example block of 12k+ Tx's before segwit. i knew about that in 2015. and do you know why i excluded it from the main conversation. because that block contains no signatures and as such, as a true full validating node. bypassing that block and auto passing it as good, without validating signatures. is a security risk.

do you think its good security for nodes to just pass blocks around without signatures and just treat the data as passable.. can you even try to consider the auditing/security risks. without diverting the topic to sound like it must be ok because you trust the devs that allow nodes to accept such a unvalidated set of tx
legendary
Activity: 1988
Merit: 1561
CLEAN non GPL infringing code made in Rust lang
January 14, 2019, 01:11:02 PM
@franky1 I don't understand why you insist in the constant bashing and ridiculous ad hominem attacks against gmaxwell.

When someone resorts to personal attacks, it means he or she is out of arguments, and resorts to this in desperation for having lost the debate.
legendary
Activity: 938
Merit: 2540
<>
January 14, 2019, 11:32:05 AM
Utreexo, sync Bitcoin Straight From Your Phone

Simply put, it addresses what is known as the UTXO set, or the code that gives information on whether a bitcoin has been spent.

Source > https://www.coindesk.com/this-scaling-tech-could-let-you-sync-bitcoin-straight-from-your-phone

legendary
Activity: 4186
Merit: 4385
January 13, 2019, 07:18:41 AM
Bitrefill LN

With Thor, users can purchase an empty channel (potentially also for their friends or business partners) with crypto. Users don’t need to put up any money in the payment channel themselves, while Bitrefill maintains the channel, funded on their end for 30 days. As such, you can immediately start accepting payments through Bitrefill’s channel to you.

https://bitcoinmagazine.com/articles/bitrefill-channel-opening-service-makes-accepting-lightning-payments-easy/

yep key words "purchase".. "users dont put payment in themselves"

imagine bitreill as a factory
imagine bitreill as fortknox
people give 0.10000000btc to bitrefill (8 decimal bitcoins). these get locked under bitrefills control

bitrefil then opens a channel for 30 days and puts its own(unconfirmed/unaudited) 12 decimal tx into it. which because its not broadcastable onchain (bitcoin network will reject 12 decimal). bitrefil are happy to say user gets 0.100000000000. as at the 30th day it going to be bitrefil that gets to close the channel and aggregate the value. as they are the controller of funding

what then happens is bitrefil charge the user to get back the real 8 decimal BTC via the user paying the onchain fee and a exit LN fee... or for no/low price they can renew a new channel

much like how banks handled gold a couple centuries ago with the 'golds too expensive to unvault. how about take these silver coins(atomic swap for LTC) or just reopen a bank account and get new crisp unaudited bank notes(12 decimal unconfirmed tx value in channel)
legendary
Activity: 938
Merit: 2540
<>
January 13, 2019, 06:36:20 AM
Bitrefill LN

With Thor, users can purchase an empty channel (potentially also for their friends or business partners) with crypto. Users don’t need to put up any money in the payment channel themselves, while Bitrefill maintains the channel, funded on their end for 30 days. As such, you can immediately start accepting payments through Bitrefill’s channel to you.

https://bitcoinmagazine.com/articles/bitrefill-channel-opening-service-makes-accepting-lightning-payments-easy/
legendary
Activity: 4186
Merit: 4385
January 04, 2019, 10:26:38 AM
seeing as topic creator has meandered into the depths of LN.
and to conclude my point about LN's issues with bitcoin

especially with the "proof of keys" initiative. (people should care more about 100% ownership than no/co-controlled convenience)

(numbers are loose pencil calculated back of the envelope of bytes that go into the 1mb base)(i didnt count witness as they dont apply to the tx count limit)
(being very economical(i rounded down bytes) to prevent the fluffy pony crowd arguments)

5k nodes, 18k channels = ~3.6 channels per node

to continue, open the ~4 channels lets call that 330bytes 1 in 4 out
close channels 4 in 8 out lts call that 670bytes

so lets call each user 1000bytes per open and close (being very economical with numbers)

so each block is the equivalent of 1000 users data requirement for LN overall (if no one else uses the bitcoin network for pure bitcoin network usage)
you would thing, wow thats great 144,000 users a day (if no one else uses the bitcoin network for pure bitcoin network usage)
you would think, wow great thats 8million users wanting 2 months lockin. (if no one else uses the bitcoin network for pure bitcoin network usage)

but no

thats means if 8 million users all opened. realise they made a mistake and closed on same day. it would take 2 months to sort out the bottleneck(if no one else uses the bitcoin network for pure bitcoin network usage)

lets word it another way 144,000 users can enter and leave LN each day (if no one else uses the bitcoin network for pure bitcoin network usage)

see why the bitcoin network needs scaling even if LN is used

silly people think the solution to this is just to force people to not be allowed to lock funds up for 1 day. and instead mandate people lock funds up for 2weeks-2months
silly people think the solution to this is just to force people use factories to not be allowed to unlock funds and instead reopen offchain mandate people never to unlock funds unless they pay a factory a large fee
legendary
Activity: 938
Merit: 2540
<>
January 04, 2019, 08:09:49 AM
Lightning Network Graphics







https://twitter.com/richardchen39/status/1080988170471247872

Real Time Lightning Network Statistics

https://1ml.com/statistics

legendary
Activity: 938
Merit: 2540
<>
January 03, 2019, 10:49:14 AM
Happy Birthday 10th Bitcoin, 3/Jan/2019

Genesis Block 03/Jan/2009

Hash:

04ffff001d0104455468652054696d65732030332f4a616e2f32303039204368616e63656c6c6f

CoinBase
04ffff001d0104455468652054696d65732030332f4a616e2f32303039204368616e63656c6c6f7 2206f6e206272696e6b206f66207365636f6e64206261696c6f757420666f722062616e6b73
(decodificado) ��EThe Times 03/Jan/2009 Chancellor on brink of second bailout for banks

https://www.blockchain.com/btc/tx/4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks."




The Times 03/Jan/2019 Bitmex, 10th anniversary of Bitcoin, "ThanksSatoshi" is included in the Coinbase input.



Hash:

000000000000000000037e741045a99121918e6ee717108fc77ec40b7419a829

CoinBase
030d7608040b771a5c2f205468616e6b735361746f736869202f4254432e434f4d2ffabe6d6d2ce fdddb4341345a5f494751a87e59567f4ddc88488dfff0df7bfc7cf57c0f22010000000000000042 14622919ba000000000000
(decode)? v? w? \ / ThanksSatoshi /BTC.COM/ mm , CA4Z_IGQ ~YV?M ܈ H { | |?? B? b)?

https://www.blockchain.com/btc/tx/bd9d5c05d4f5e7256160f27a55678c3b8f0c38914c20c471b87832f46576c9a1?show_adv=true

https://twitter.com/BitMEXResearch/status/1080590401323450368
full member
Activity: 686
Merit: 227
January 02, 2019, 07:30:07 PM
I once used a full node. I think it would be a good thing to use the full node again. I think I’ll do it soon.
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