Bitcoin Forum

  ;D Gentleman, we have an up ... now !

http://imagizer.imageshack.us/a/img661/2687/GIZqci.jpg

Price rising --> Interest rising --> Activity of everbody increasing --> Repeat?

I guess we have officially left the bottom?

What's the URL of that graph site?

I think its due to the recent v2, v3 block disaster that showed more people how important or beneficial it is to have a full node. A cheap VPS that can handle bitcoin core does not cost much and its not much work either (once its set up).

It looks like it's from bitnodes. Here is the url: https://getaddr.bitnodes.io/dashboard/?days=90

Thanks to greece mostly

Ah, so there aren't really "new members", we're still hovering around 6000 (6125), it's just that 0.10.2 usage went up, and others went down.

I'd run a full node if it wasn't for https://bitcoin.org/en/full-node#minimum-requirements

It looks that way. I think most noobs download a full client from https://bitcoin.org . It's the first place you go to when you research/learn about BTC so I guess the increase in full nodes is literally just lots more people coming into BTC.

I can't even imagine how long it takes to download the entire blockchain on a basic PC with an average internet connection now though. Jeez I bet it takes forever, like 4-5 days?

correct : 3,5 days on my last synchro (most CPU hard work).

the amount of nodes is roughly the same. not much difference. but a rising price will have as result more (new) people getting interested and install the client with the full blockchain data, but as we've seen before, the effect is mostly temporary.

I can't see a real uptrend in that picture. It's still within the normal fluctuation range. But to emphasize the positive: At least the number of nodes is not declining.

I think the stabilization of the number of full nodes (if any) is not the result of the Greek situation, because you can install any client to use Bitcoin (imho most of the newly purchased coins will be stored on exchanges for some time). It is more likely the effect of the recent blockchain-split, which makes using SPV-clients insecure. So some Bitcoiners decided to install good old Core again...

ya.ya.yo!

Yes, the number of nodes hasn't gone up by much. If you look at the last week in the chart, the rate of increase is fairly steep.


Thanks for the link. I am actually interested in how many XT nodes there are and I found the way to search for it through your link.
There are 140 XT nodes:
https://getaddr.bitnodes.io/nodes/?q=70003

Ya that's not a increase.  Over 7000 would be a increase.

True, but we cant go on like that forever. I think on a mainstream scenario, maybe 20% of people only will be enthusiasts running nodes, the rest will be the average joes using blockchain.info online based type of wallets, spv based wallets like electrum etc.. so the geniuses of coding better start thinking about this so we never go under a block split problem when we have millions of users out there, it would be a real catastrophe.

I think 20% is too high, it will probably less. Think about the number of people running a webserver vs. the number of people accessing a webserver. Maybe if the O(1) propagation with reverse bloom filters and pruning work the number of nodes will go up again, on the other hand they might not be considered full nodes any more, because they no longer hold a full copy of the blockchain.

uhh OP, don't wanna disappoint you, but when checking last 365 days we are getting constantly down. Until there will not be some motivation (for example T-shirt for running node for 6 months) or special fees for node operators, amount will be lower and lower and with bigger block it will be significant even more..

Wouldn't it be possible to have people run partial nodes? Basically just like a torrent file where you download specific parts of the torrent (here blockchain) at the same time, but not in order? If everybody hosted only a few pieces of the blockchain that would greatly reduce the recources needed. Ofcourse you would need full nodes to validate the specific information on the partial nodes.

Its easy to run a full node. Just no incentive.  I ran a full node for a week then stopped.

yep, if you are not hardcore bitcoin enthusiast willing to help for literally nothing except good geeky feeling, there is no single point to run full node. Maybe there will be some motivation to run it..at least I hope so. Actually I'm willing to run it and maintain the HW, if somebody or something at least cover my expenses on it...