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Title: where is bitcoin hosted and how? Post by: Guido on April 22, 2013, 10:13:46 AM 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 Title: Re: where is bitcoin hosted and how? Post by: lewlzminer on April 22, 2013, 10:24:27 AM well, its hosted on every client that takes part in the system?
Title: Re: where is bitcoin hosted and how? Post by: ISAWHIM on April 22, 2013, 10:25:46 AM 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. Title: Re: where is bitcoin hosted and how? Post by: GerMG on April 22, 2013, 10:27:27 AM the whole inet
Title: Re: where is bitcoin hosted and how? Post by: Ronados on April 22, 2013, 10:28:12 AM 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
Title: Re: where is bitcoin hosted and how? Post by: Guido on April 22, 2013, 10:34:08 AM thanks to everyone who posted a reply
brilliant, i get it now i guess thats what makes it so cool cheers |