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Author Topic: The Chinese firewall and Bitcoin split  (Read 1367 times)
oblivi
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January 12, 2016, 11:28:15 PM
 #21

Great Firewall ... is only a BIG SHITED LIST on ISP.
In France, we have the same dumbed solution.

It's crazy how these providers have so much control.

provider should die, like the bank, they are another centralized aspect of our system, a kind of mesh network should take its place, so we can have a truly decentralized internet, without "big node" that control everything

it would have some security issues though
I don't think fixing internet access is so simple as removing internet providers from the picture. Having then is not ideal but removing their services could potentially do more harm than good.
Not to mention it is impossible as of now when internet structure is not even close to being able to function without data centers and centralized services.

For now, we are trapped inside the current mode, but in the future, long term, like 10 or 20 years, meshnet technology should be able to deliver a totally decentralized internet, which will be the end of internet censorship, and Bitcoin will be the king currency of this new internet, surpassing all other forms of money ever.
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January 13, 2016, 02:39:28 AM
Last edit: January 13, 2016, 11:48:46 PM by johnyj
 #22

I'm not sure if a mining node must physically exists in china

Take pooled mining for example, you can setup the mining pool server outside of china, and just dispatch mining jobs to large mining farms in china and get result back, no need to send any bitcoin transactions in the communication, so the amount of data involved is only a little for stratum protocol

https://mining.bitcoin.cz/help/#!/manual/stratum-protocol#why

I think the reason that chinese mining pools do not want to locate their servers outside of china is more of a security aspect that they don't trust a 3rd party outside china to maintain their server which handles large financial transactions. But if Chinese government start to crack down on bitcoin traffic in china then they have to move all the pool server outside of china but mining operation can still remain in China

Correct me if I'm wrong since I have not run any mining pool

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