Bitcoin Forum

is that going to work out well??? Is 5G evil or too much?

5G is apparently going to be much faster than cable which means that unless a node owner starts beeming their connection in 5G and it covers everywhere then no, or at least not yet.

If the internet communications world becomes decentralised then I'm sure we'll see much more of an impact (if a 5g emittor can be put into a phone that is at some point in the future).

Are most Devices we use Now going to be Non Compatible with the 5 G Networks???

To Be FRANK. . I am not for 5G. We do not need it.

We do not. 4G is also a bit fast too.

5G will be horrible too as I'm guessing it'll have a lower range and you'll have to be near the mast to get a high enough speed which then can't go down the cable at the same speed probably anyway..

I feel like more effort should be put into increasing the current range of 4G or even 3G rather than releasing more gimmicks.

If it is true that 5G will be 100 times faster then 4G networks then we will benefit from that speed and the things we can accomplish with the speed in terms of downloading. It wouldn't take long to download and synchronise the entire blockchain if those speeds would be supported.
But I am not sure that it will benefit bitcoin in terms of better adoption just because it becomes so much faster.

I think we don't need 5g because 4g is enough as it gives you faster browsing and faster downloading.
The only problem is the limitation of your downloading speed and uploading speed that I think 4g can give if you take higher internet speed plan.

I'm sure 5g will give you a better ping that I think good for mining, streamers and for gamers as it gives 100x faster than 4g but expects to pay much for a monthly plan.It is good only for a big company or big mining farms.

There will be a huge demand of 5G because of VR. Virtual Reality demands huge bandwidths. AR will also push it up.

Any increase in Internet speed will make things a lot easier for most people running full Bitcoin nodes. I presume cutting edge new technology like 5G will be very expensive in the beginning, so it will not be very affordable to the average user. Bandwidth cost on mobile devices are also more expensive, so it will not be very practical to use it for services and Apps that needs a lot of Bandwidth. <Downloading the Blockchain>  ::) 

Most average users will use online wallets and exchanges and they do not require fast internet speed for that.  ::)

5G can't be good or evil. ;D
The faster the internet connection the better.Blockchain has other issues to be solved.
Quantum computers can be real threat to the blockchain(in the distant future),higher internet speed is not a threat.

bitcoin doesn't need such high speeds so at some point increasing the internet speed is not going to change that much. the bottleneck is mainly with hardware such as CPU speed for verification of blocks and transactions and hard disk space and speed of it for storing and reading them.

Afaik , cable or wired internet is more faster and stable than wirless signals like 3g/4g/5g/  .  5g would be more beneficial to us internet users because we can now download and stream a little more faster than we have right now on 4g networks  but 5g is not really beneficial on crypto use because it cannot speed up the transaction because the transaction speed will only depend on the fee's  you put up .

To all those who are saying that we don't need 5G I respect your opinion but no one forces us to use it, if you want to stay with 3G or 4G then that's fine it's just like using an old version of your phone even if there's an updated one. The main purpose of 5G is to greatly increase the speed and responsiveness of wireless networks so if it's over powered in today's usage then I think it's much better than nothing beside.
 
If it's for the good then why stop it, no one cares about the Internet before.

I heard there is an ongoing debate about the possible benefits and problems that are associated (or will be associated) with the coming introduction of the 5G technology. Some are questioning its viability and whether we really need this new introduction and some or many can be wondering what can it do for them today and into the future. I am then hoping that soon things will get clearer and at the end of the day the technology can be useful in many ways and that any backlash or negative side-effects can be manageable so we will not be wasting out time and resources here. I am personally for the improving of the speed of all internet connections most especially here in the many third world countries where service providers have specialized more on attractive advertising of their services rather than improving what they are offering.

3g 4g are all very fast and considering 5g will just be like the speed of light but it also have it own bad effect because 5G will render almost all the device we are using now useless on the 5g network unless we are able to upgrade our device's for it to work effectively. We shall be looking forward to that development.

The speed of 5G might be advantage but otherwise I think this will make the ness.Many device at the moment are not compatible to use 5G  but I guess there will be some time to adapt. Regarding Bitcoin, I don't know if there will be some benefits become in essence Bitcoin doesn't require such high speed.

Yes, it will provide a more faster internet connection but right now 4G is still good so there is no urgency for the 5G. Better to improve satellites tower in other places where there is no internet signal ever since so they can also enjoy cryptocurrency. In time, 5G will still happen as we grow in terms of technology and we cannot stop it whether we need it or not.

another point that people are missing when it comes to internet speed is that it sometimes doesn't really matter how fast YOU can DOWNLOAD when you are being limited by the upload speed of the nodes that you are connecting to. they can either be limited by their internet speed or they can manually limit their upload speed to save on their monthly traffic cap and their costs.

It is likely that thanks to 5G we will get such a fast Internet that all information can be available to us almost instantly and in very good quality. I'm not a scientist, but I am sure that 5G technology will have a strong impact on many areas of life and technologies that can use it. This will be a chain reaction. True, in order to implement 5G even in developed countries a decade may be needed. Especially when you consider that this technology is not yet fully developed. It will also be necessary to create a lot of equipment that can reliably support 5G and work stably.

Cryptocurrency, Bitcoin, 5G, no one can say 5G is evil or vice versa,
The world of technology predictions for now there is no certainty that something is accurate, this is the same as 5G against Bitcoin.
well, from that As you say, good predictions or suspicion based on what you know at this time is natural, in alertness, to your Bitcoin assets.
This is the same as what happened to 3G, 4G, you definitely know about marketing for 5G.

As of now many smartphone companies start to provide 5G network will be have fastest internet network. Right now there have been smartphone who provide 5G network. This kind of network will be have good impact to all people who have smartphone. Maybe 5G will give fastest transaction and speed.

Having the 5G network will be so much good enough for having in a smartphone. I guess more people are too happy for this having it in Bitcoin transaction, because that would be a great help. For now, I am still using the 4G network in my smartphone. Hopefully I can have the 5G too.

i think it partly depends on it adoption and spread around the world. bitcoin network is a global network not some local thing that depends on certain places and servers.
so we first need to see faster internet around the globe and in all countries otherwise it would be a biased thing towards those who have it compared to those who don't.

Don't get why some are arguing if 5G will be beneficial or not and if we need it. Of course 5G will bring benefit to each individual. Its way faster than 4G and is easier and convenient. But 4G is still okay and fast. Both networks are okay. Its not like everyone is required to use 5G network. If you still want to use 4G then okay, but if you want faster than that, then use 5G. Still up to you what you want to use.

5G will mostly support IOT and all that new technolgy like AI Vr AR i don't think it will bring any change in crypto currency world
I am enough happy with my working well 4G
And 5G will work only on devices developed for 5G
Current one are not compatible

As far as I can tell 5G needs a repeater every few metres. That's going to be utterly useless where I'm at. You can't get a signal most of the time when 4G masts broadcast for miles. You can't get an unbroken signal on major road and rail routes with 4G.

It would be cool to have a full node on your phone but I can't see how it's going to happen.

I do not think that the more pervasive Internet speed will affect Bitcoin and its network. Transactions are processed at the expense of computing power and not at the expense of the speed of the Internet. If I am mistaken, I will be glad if they correct me.

5G will give you a faster network, and nothing to be worried with 5G and BTC, both will do well.

https://www.raconteur.net/wp-content/uploads/2014/12/5G-factfile.jpg

No matter how much G we have, bitcoin can be accessed because bitcoin only need an internet connection and doesn't care how fast your speed. But the faster internet connection you have, it will better to access, and you don't have any problem with the transaction. But with 4G in everywhere I think we don't have a problem too, and I see that we can access bitcoin with ease.

Straight line, nothing between and the range is close to 500 meters.
Buildings, billboards, bridges and everything else in a crowded city and the distance drops below 100 meters.

In a city like mine with an area of 500km...that's a lot of antennas.
But 5G adoption will have zero effect on BTC. You can still mine with 3G, there is absolutely no need for 1GB/sec speeds.



A normal tx is around 250 bytes of data. 2G offers ~ 40Kbits speeds. ;D

I didn't realise the nothing between bit. That makes it even daffier. There isn't a goddamn hope in hell of getting any 5G where I live. 4G is sketchy enough and that goes for miles. I assume there's a more muscular strain for the vast percentage who aren't in central Seoul.

Anyway 5G is designed for machine to machine IoT type stuff so if the world ever did become saturated with crypto it would be the perfect match for lightning networks and other systems. I don't like the idea of my self driving car running out of satoshis as soon as it hits the boonies though.

any body believe in WiFi is bad electronic Interferences in the air stream?  I think having WiFi is unhealthy. it's air Polluting. i do not want it. It like if you smoke cigarettes. not everybody wants to breath that?  With 5g there is no other choice.  It penetrates houses and buildings even if there are brick buildings the 5G goes through it. no thank you.

5G is at the internet connection and this will not effect the bitcoin transaction.
You will have the faster internet than the 4G itself.
Though the blockchain will remain.

Well, you won't have much say in the matter.

These days it's impossible to tell between conspiraloon hysteria, marketing spin and actual science so there's no way of telling whether it's harmful or not. Even if it was, it may take a long old time for the truth to emerge.

Regardless of that the more you can isolate yourself from modern life the better.

You ever been to a shop that sells TV's. when you stand next to the wall of TVs i can just feel too much electricity. even with eyes closes you can feel too much electrical in the air. Wifi probably does the same thing, it is a health issue. it like can you taste all the applied pesticides on your food? no. but they are Still There!!!

Bitcoin doesn't really need extra fast internet connection. Just for sending transactions, any speed even 2G will do the job. However if you want to mine bitcoin, then you need better internet connection.

G5 will not be of great benefit for BTC and mining
Because the cost would be high  at least initially
Only the huge farms are going to benefit.

I can't say I've ever noticed myself but I'm sure we all have different levels of sensitivity. Our bodies are flowing with our own electricity so it stands to reason that external factors could affect us.

Though I'm not convinced about these people who have to move to that area administered by NASA that has no waves at all to escape their horror, I do think it's within the realms of possibility.

With 5g you get an extremely fast internet service. 5G makes anything online not only bitcoin fast and this is what everyone needs.
So yes bitcoin transcation would be better on a 5G

The world of technology always amazes us with new innovations and improved system.
No wonder, there will be 6G or 7G and so on...
What we can do is don't panic with the introduction of a more sophisticated technology.
We can't avoid such change but embrace it and study how it will affect your daily living.
The impact can't be seen at once but later on in life, we will realize what has been transpired in our life.

A lot of conspiracies surrounding 5G, I'd rather ignore them.
As for its effect on bitcoin, current wallet implementations are either custodial or use SPV, so in either case speed is not a bottleneck. Storage is - which is why you don't run a full node on mobile.

I'm more concerned about 5g causing havoc on our brains and bodies.  There is no way we won't be heavily affected by these signals.  People are already getting cancer from cell phones and it will only get worse.

Im fine with 4G right now and 5G will be a good benefit for the big time miners, yes it will cost a lot of money at the beginning but when time passes if will surely decrease. The only concern is with these super fast internet our body will surely suffer a little by little.

As far as I know 5G also has bad impact to the environment, If am not fals, there are many birds die during 5G test. I am forget where I get the news so If I am fals please correct me. I think if 5G can make bitcoin transactions faster it will be good, but I don't really understand how 5G works.

When many countries are ready for 5G Development, my country still busy with optimization of 4G. Also, my 4G connection speed in my country almost the same as like 3.5G  :-\
I think I should wait between 2-3 years for 5G coming into my country.
anyway, I don't think sure 5G really affect into Bitcoin. You only need a stable connection and good powerful mining hardware to produce Bitcoin...

Having 5G with the Bitcoin will become an even more good thing to use. Well, the internet will be much faster in Bitcoin transaction. Also, I do think more people will be glad to have this 5G network which I see that is now on development.

Block chain not only refers to the combination of cryptography principle, intelligent contract, consensus mechanism and other technologies, but also represents new governance models such as trust intermediary and TOKEN economy. It has the characteristics of decentralization, anonymity and untouchability. It solves the problems of Shuanghua and Byzantine General and is a recognized and credible governance structure.

Block chain achieves point-to-point transmission of value through technical means. In the de-centralized network, every user keeps the information of the whole network. The transmission, record and transaction of value should be confirmed by the whole network. The characteristics of de-play, non-tampering and traceability ensure the high value attribute of the block chain network. It is the best value-bearing system in the 5G era.

5g I don't think it has an effect on bitcoin, in my country it's still with 4g but the connection for bitcoin is smooth and there are no obstacles

      5G networks will be much faster than the current 4G. These 5G networks will be very beneficial for the crypto market, as we will take advantage of the high speeds for synchronization with the crypto market. Thus, the activities carried out on the crypto market will take less and the stress for the participants will be less. There is no threat to the high speed of the internet. On the contrary, it is beneficial for the blockchain.

No worries about that. I am sure that soon, your government will realize that they need to improve their internet connection to a better connection. I think with the 4G internet connection, you can use mining hardware to mining bitcoin and altcoin, but it's back to how big your hashrate to produce the bitcoin.

I think 5G will available in the developing country in this year and the next year, but bitcoin will be fine if we only used medium internet connection.

Innovation or upgrades isnt really bad at all if we can benefit much more faster connections way than before but as far as i remember, does 5G issue already resolved?
https://www.sott.net/article/400047-Hundreds-of-birds-dead-during-5G-cell-phone-tower-experiment-in-The-Hague-Netherlands


Going back with bitcoin & 5g. I dont see any significant correlation for it to affect bitcoin in terms of adoption.

Yeh totally going to believe something from this nutcase:



https://www.snopes.com/fact-check/5g-cellular-test-birds/




And you are basing your "no way" on facts like...?


Professor X might be searching for you...
So a wall of TV's at 100-200 W max each are too much for you but you're perfectly safe in a 120-240 kW tram or nearly 4 times as much in a subway car.

Low-latency is said to be the most important feature of 5G from which AI will benefit. Huge mining farms already have exceptional quality Internet connection so that their blocks could be propagated faster in order to avoid chain split due to the same block being mined in similar amount of time. People who mine with GPUs will also benefit from it. Their shares will be sent to the mining pool much faster which seems to be a problem in less urbanized areas.

It would be much good for the Bitcoin transaction to have this 5G network. For now I see that it is now on its development. I am sure that sooner or later the 5G network will come to implement worldwidely. A much faster network like this will be like much more of the people.

Quantum computers probably would be a threat, but in the distant future, I believe that they wouldn't be a threat.

In today's world of 3D, VR, smart, we already need a superfast internet at home and I am sure that in coming years appetite for bandwidth will be only growing.

I see concerns that 5G is too much and already faster as cable. I can only answer wait a few years and you will see 6G then 7,8 because the internet is all about speed, insane large volumes of data and problem with the safe transfer.

If the page doesn't open after a split of a second today we consider this as a bad user experience. A few years ago waiting even a few seconds for a page to open was totally normal especially when on the phone. Today I want to push a button and immediately see the page with the best content of course.

I think I want to say that we are the main reason that internet speeds are growing so fast.

Irrespective of our opinions, 5G is coming within the next couple of years and we can expect faster speed like never before. However, it might or might not help Bitcoin and other crypto networks in order to improve the transaction speed. However, we can certainly expect improvement in multiple sectors out there such as long-distance surgery through multifunctioning communication devices. On the other hand, we can expect boost in IOT sector after the introduction of 5G.

I'm really not against it. If it would help our future grow in the right direction, then why not give it a chance? speed could make a huge difference now. Although it might not be as useful as 4g for now, I'm sure some other things would benefit from it.

It helps because portable payment terminals can process the transactions quicker, especially when lightning networks is adopted everywhere

It would definitely be beneficial to have such a speed in terms of downloading, but i’m not sure how it would benefit bitcoin itself since it doesn’t affect its adoption.

5G will be far better than 4G downward, so, no one will say its evil to swatch to 5G phase. The speed will be appreciated and Bitcoiners will have another strange experience on the internet. But there will be several issues which will be found with our old equipment or devices.

5G will give a big impact to bitcoin as we depend on the internet for the use of it.
But what we need more is the type of transaction where we dont need to have any connection from the internet.
That will be the biggest technology we can ever have now!

Compared to 4G internet connection 5G give more online freedom and better speeds. There is only 2 country in the world that placed base stations for 5G connection. It is very expensive and non-cost-friendly to build new base stations and with this thought, 5G subscriptions will be for rich people. Also applying this technology with blockchain will give reliable satisfaction to the crypto community.