Bitcoin Forum
May 26, 2017, 05:49:47 AM *
News: If the forum does not load normally for you, please send me a traceroute.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Does the bitcoin client do anything to protect the network?  (Read 479 times)
dancupid
Hero Member
*****
Offline Offline

Activity: 956



View Profile
July 23, 2011, 04:24:17 PM
 #1

I know this must seem a stupid question to non-newbies, but I have a few bitcoins and I want to support the network to protect my bitcoins. If I constantly open my bitcoin client is it contributing anything to the network?  (I'm not mining or anything, and I read somewhere that it's just miners who check the validity of transactions - or at least that's the impression I got.)
1495777787
Hero Member
*
Offline Offline

Posts: 1495777787

View Profile Personal Message (Offline)

Ignore
1495777787
Reply with quote  #2

1495777787
Report to moderator
There are several different types of Bitcoin clients. EWallets are like banks -- a central organization has complete control over your money. You shouldn't put much money in EWallets.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1495777787
Hero Member
*
Offline Offline

Posts: 1495777787

View Profile Personal Message (Offline)

Ignore
1495777787
Reply with quote  #2

1495777787
Report to moderator
1495777787
Hero Member
*
Offline Offline

Posts: 1495777787

View Profile Personal Message (Offline)

Ignore
1495777787
Reply with quote  #2

1495777787
Report to moderator
1495777787
Hero Member
*
Offline Offline

Posts: 1495777787

View Profile Personal Message (Offline)

Ignore
1495777787
Reply with quote  #2

1495777787
Report to moderator
Graet
VIP
Legendary
*
Offline Offline

Activity: 980



View Profile WWW
July 23, 2011, 05:11:50 PM
 #2

no it doesnt.
but keep it secure, and take regular backups of your wallet.dat

| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
Gabi
Legendary
*
Offline Offline

Activity: 1050


View Profile
July 23, 2011, 06:01:05 PM
 #3

It contribute, because it costantly relay the blocks and the transactions. Since it's a p2p network, the more active nodes there are, the better. You are another node with a full blockchain on the network, one more from wich everyone can get blocks.


As for YOUR bitcoins, make sure you backup and protect your wallet.dat file
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!