Taking donations to create bitcoin nodes

[Morblias]

As you all know, the total number of bitcoin nodes is declining. I want to set up as much nodes as I possibly can to help out the Bitcoin network. I am taking donations to help set up more nodes. 100% of donations will be put towards creating more nodes.

Donation Address: 1Morb18DsDHNEv6TeQXBdba872ZSpiK9fY

Current Nodes:
http://107.170.116.161/
http://172.245.58.26/
http://192.227.139.229/
http://192.3.30.206/
http://107.161.179.92/
http://192.227.135.216/
http://128.199.208.104/
http://188.226.161.128/
http://23.249.170.118/
http://107.161.156.135/
http://198.49.66.198/

[gondel]

Hello,
Can you explain me really how nodes works at the bitcoin network, because i am not 100 % sure. Thanks in advance. If i understand right i can tip you
BR,

Gondel

[Morblias]

A node is a full client that has the entire blockchain and relays transactions/blocks across the entire bitcoin network. When your bitcoin client is syncing to catch up to the last block, you are downloading the blockchain from other nodes.

[Rulishix]

A node is a full client that has the entire blockchain and relays transactions/blocks across the entire bitcoin network. When your bitcoin client is syncing to catch up to the last block, you are downloading the blockchain from other nodes.

So if I understand correctly more nodes means faster downloading of the blockchain and possibly faster processing times as well for transactions? More nodes are good?

[Morblias]

Yep, the more nodes there are, the more stable and secure the bitcoin network is.

[allgoodthings1]

Morblias set up three nodes for me last week -- with a special $19/year account on WeLoveServers. I couldn't be more pleased with his service!

[boumalo]

A node is a full client that has the entire blockchain and relays transactions/blocks across the entire bitcoin network. When your bitcoin client is syncing to catch up to the last block, you are downloading the blockchain from other nodes.

So if I understand correctly more nodes means faster downloading of the blockchain and possibly faster processing times as well for transactions? More nodes are good?

I don't think we need more nodes atm

More nodes don't speed the confirmation time

[ahmedjadoon]

Also its Bitcoins developers' and Organizations' responsibility they should do it.

[Morblias]

Thanks for the donation. Added a new node in Amsterdam: http://188.226.161.128/

Also its Bitcoins developers' and Organizations' responsibility they should do it.

This would cause centralization. The more people running nodes, the more decentralized and secure the network is.

[twentyseventy]

A node is a full client that has the entire blockchain and relays transactions/blocks across the entire bitcoin network. When your bitcoin client is syncing to catch up to the last block, you are downloading the blockchain from other nodes.

So if I understand correctly more nodes means faster downloading of the blockchain and possibly faster processing times as well for transactions? More nodes are good?

I don't think we need more nodes atm

More nodes don't speed the confirmation time

Nothing speeds confirmation time except for a protocol change (extremely unlikely) and miner's luck (not permanently). Technically a decrease in difficulty could do this as well, but only temporarily and theoretically.

More nodes = more decentralization = more security for the network.