Bitcoin Forum
September 10, 2024, 06:20:21 AM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2015-10-18] To Node or Not to Node?  (Read 319 times)
LiteCoinGuy (OP)
Legendary
*
Offline Offline

Activity: 1148
Merit: 1014


In Satoshi I Trust


View Profile WWW
October 18, 2015, 04:47:26 PM
 #1

To Node or Not to Node?

Over a year ago I wondered: how many Bitcoin nodes is enough? It turns out that there are several different perspectives from which one can ask this question.

https://medium.com/@lopp/to-node-or-not-to-node-48da1b6d7091


List of plug&play full nodes:
https://bitcointalk.org/index.php?topic=899253.0

1Referee
Legendary
*
Offline Offline

Activity: 2170
Merit: 1427


View Profile
October 18, 2015, 09:35:02 PM
 #2

Nothing is enough as far as the total amount of nodes. I'm sure there are quite a few people with VPS or dedicated servers with enough unused space/bandwidth to run a full node. These people only have to get motivated in order to contribute and help make Bitcoin even more decentralized.
DooMAD
Legendary
*
Offline Offline

Activity: 3906
Merit: 3182


Leave no FUD unchallenged


View Profile
October 18, 2015, 09:39:39 PM
 #3

Quote from: the article
If we’re approaching the block size from a resource usage standpoint, it seems to me that someone is going to be excluded one way or another. Not raising the block size will exclude an unknown number of users from sending transactions while raising the block size will exclude some unknown number of users from running nodes.

It would be safer to say "might exclude" rather than "will exclude", but other than that, yes.  There's a delicate balance to be struck.  If we do nothing and the network has a permanent and growing backlog, this can easily crash nodes and the general user experience would also degrade with increased uncertainty around fees and confirmation times.  But if we go too far, we could make it prohibitively resource intensive to run a full node and risk jeopardising decentralisation.  If we lose too many nodes as a result, that could also degrade the user experience.  It's a careful balancing act.

▄▄▄███████▄▄▄
▄█████████████████▄▄
▄██
█████████▀██▀████████
████████▀
░░░░▀░░██████████
███████████▌░░▄▄▄░░░▀████████
███████
█████░░░███▌░░░█████████
███
████████░░░░░░░░░░▄█████████
█████████▀░░░▄████░░░░█████████
███
████▄▄░░░░▀▀▀░░░░▄████████
█████
███▌▄█░░▄▄▄▄█████████
▀████
██████▄██
██████████▀
▀▀█████████████████▀▀
▀▀▀███████▀▀
.
.BitcoinCleanUp.com.


















































.
.     Debunking Bitcoin's Energy Use     .
███████████████████████████████
███████████████████████████████
███████████████████████████████
███████▀█████████▀▀▀▀█▀████████
███████▌░▀▀████▀░░░░░░░▄███████
███████▀░░░░░░░░░░░░░░▐████████
████████▄░░░░░░░░░░░░░█████████
████████▄░░░░░░░░░░░▄██████████
███████▀▀▀░░░░░░░▄▄████████████
█████████▄▄▄▄▄▄████████████████
███████████████████████████████
███████████████████████████████
███████████████████████████████
...#EndTheFUD...
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!