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Author Topic: Need lite client  (Read 794 times)
Frodo
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June 27, 2011, 07:14:35 PM
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133 thousands blocks occupied 480 MB. What will in future? Gigabytes?
Is about 60 thousands bitcoin users, not all are all time online, but miners are.
All of users keep all blocks.
Some redundancy is needed for example even square root of users: each user keep only random blocks 1/250 of whole, is system database is still 250 redundant, user can keep digest block(group of blocks), could be all blocks on one server with blockexplorer but main idea is distributed database
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June 27, 2011, 07:23:08 PM
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Keep us informed about your progress.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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June 27, 2011, 07:44:18 PM
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These issues are being discussed already. See

https://forum.bitcoin.org/index.php?topic=18508.0
https://forum.bitcoin.org/index.php?topic=7972.0

3KzNGwzRZ6SimWuFAgh4TnXzHpruHMZmV8
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