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Author Topic: News Coverage of the Internet in 1981...  (Read 2160 times)
bitpop
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January 21, 2014, 04:35:59 AM
 #21

only 1 and half more hours before i can download the whole .txt file!

lol. those were the days. the anticipation .... that was the fun part Smiley kidz these days don't get that, just instant gratification, no fun at all in that

Yeah nothing is valued because there's too much choice

Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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January 21, 2014, 04:46:59 AM
Last edit: January 21, 2014, 05:14:49 AM by ArticMine
 #22

Well I meet the video half way in time.

In 1997 I recall connecting to the Internet when travelling in Europe using a rotary phone connection, once I figured out how to tell Windows 95 to dial the modem with "pulse" in order to be compatible with the hotel's phone system that dated from the 1940s

Once connected the Internet experience was very much like today only slower. The modem connection on the other hand was very much as in the video.

Edit: I recall the connection speed was 33kb/s. In one hour this would allow for 14.8 MB of Internet traffic, which even after allowing say 10% for overhead is more than enough to support a full Bitcoin node after doubling the blocksize limit!

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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