thanks to everyone who posted a reply
brilliant, i get it now
i guess thats what makes it so cool
cheers
Topic: where is bitcoin hosted and how? (Read 496 times)
It's peer to peer, so there is no central server of any kind in the bitcoin network. You might find this helpfull: http://en.wikipedia.org/wiki/Peer-to-peer
the whole inet
It is hosted on every person's computer that is "mining" for bitcoins, and on your computer, as your wallet. (But that is just one of the end-points, not actually a host, but it is... You save blocks, and if needed on the network, you send those blocks back to us, who are mining.)
Thus, if miners go, then no more bitcoin, and no more bitcoin-transactions... Even if everyone has a wallet.
Thus, if miners go, then no more bitcoin, and no more bitcoin-transactions... Even if everyone has a wallet.
well, its hosted on every client that takes part in the system?
something i dont understand
forgive my noobness in this
the original bitcoin 'script' or even 'litecoin' script etc
where is it hosted?
is it on github? or on another server?
what is it goes down or gets hacked?
or does it not work like this
keep reading about nodes and whatnbot but thought thats to do with the mining
the thing trying to get my head round is, is it like a website script in the sense it is continually running somewhere?
thanks in advance
forgive my noobness in this
the original bitcoin 'script' or even 'litecoin' script etc
where is it hosted?
is it on github? or on another server?
what is it goes down or gets hacked?
or does it not work like this
keep reading about nodes and whatnbot but thought thats to do with the mining
the thing trying to get my head round is, is it like a website script in the sense it is continually running somewhere?
thanks in advance
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