pussyhunter6969 (OP)
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March 13, 2019, 09:32:53 PM |
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when such gaints can run into a problem, what makes you think they can't be shut down ? LONG LIVE BTC, 100% UPTIME ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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serjent05
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March 13, 2019, 09:50:12 PM |
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when such gaints can run into a problem, what makes you think they can't be shut down ? LONG LIVE BTC, 100% UPTIME ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Just right now I am experiencing a problem with my facebook account. I cannot make posts and when I checked the reason why, FB said they are making a maintenance check up on my account. Its been more than 3 hours already and still not ok till now. Well, bitcoin may not be as strong as it used to a year ago in value but still kicking, surviving and believed to be returning back in its height soon.
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cryptomaster420
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March 13, 2019, 11:00:29 PM |
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Well, that's the power of a distributed network over a centralized (albeit horizontally scaled) web service. But to be fair, Bitcoin is just as reliant on Bitmain as Facebook are on their servers, we're lucky that there's been no disaster with the monopoly of mining.
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pussyhunter6969 (OP)
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March 13, 2019, 11:23:56 PM |
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Well, that's the power of a distributed network over a centralized (albeit horizontally scaled) web service. But to be fair, Bitcoin is just as reliant on Bitmain as Facebook are on their servers, we're lucky that there's been no disaster with the monopoly of mining.
trust me no luck here, its all well planned project !
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dothebeats
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March 14, 2019, 12:02:51 AM |
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Bitcoin is just as reliant on Bitmain as Facebook are on their servers, we're lucky that there's been no disaster with the monopoly of mining.
I beg to differ. Bitmain may have the majority of the hashing power of the whole network, but the fact remains that there are still numerous miners doing their part diligently, alongside other nodes so yeah. Bitcoin is not so reliant on Bitmain nor any other mining companies as the network is designed to adjust depending on network conditions. On the other hand, this happens every once in a while on Facebook's data centers for routine maintenance or any other reason, as was to be expected on centralized servers.
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alina345
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Hello =)
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March 14, 2019, 01:02:14 AM |
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Bitcoin has a server, all the Bitcoin miners, which will just about never go down. Companies like Facebook and Google are more likely to go down since they are centralized.
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Leonardo7
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March 14, 2019, 01:46:39 AM |
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I had experienced the same problem loading the website, so I thought my network was bad, had to be forced to abandon some of my tasks, You really can't compare the technology of bitcoin with that of Facebook.Even facebook CEO had to assemble some team of expert to study blockchain technology, to possibly see how it can improve his business scope. As I write, my facebook still experiencing some technical issues, maybe they are not done with the maintenance.
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vit05
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March 14, 2019, 02:21:38 AM Last edit: March 14, 2019, 02:32:38 AM by vit05 |
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when such gaints can run into a problem, what makes you think they can't be shut down ? LONG LIVE BTC, 100% UPTIME ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) The Bitcoin network has been functional for 99.99999 % not 100%. There was a bug that was fix-it by satoshi. But most people consider this event as a downtime. block 74638 August 15thSome people consider the "Accidental Hardfork" downtime too.
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santiPOGI
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March 14, 2019, 02:33:59 AM |
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when such gaints can run into a problem, what makes you think they can't be shut down ? LONG LIVE BTC, 100% UPTIME ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Just right now I am experiencing a problem with my facebook account. I cannot make posts and when I checked the reason why, FB said they are making a maintenance check up on my account. Its been more than 3 hours already and still not ok till now. Well, bitcoin may not be as strong as it used to a year ago in value but still kicking, surviving and believed to be returning back in its height soon. Not just that, every account or mostly game accounts connected on FB cannot be log in due to FB error. I hope this will be good soon! well in terms of cryptocurrency with social media. Facebook is having their own crypto soon.
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Upgrade00
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March 14, 2019, 02:39:51 AM |
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Firstly, these listed companies are not in competition with bitcoin. And they also have far more users using them, this is not a good metric with which to gauge the progress bitcoin has made. It's better to compare it with other means of transacting, like PayPal
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cryptjh
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March 14, 2019, 02:45:05 AM |
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Bigger tech companies like Facebook have datacentres all over the world, sometimes some of those centers will be facing some difficulties, that was what happened yesterday as I understand it. If facebook going to have their own cryptocurrency then they need to have 0% downtime, or as close as they can get to zero.
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michellee
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March 14, 2019, 05:52:51 AM |
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Really? But I don't have any problem to access Facebook, Instagram, and WhatsApp. I can even chat with my family and my friends. I think that is not related to bitcoin and I believe that bitcoin will be strong forever. Facebook, Instagram, and WhatsApp are tools in the social media which we can use to communicate with the other. But bitcoin is different than that apps because bitcoin is one of the financial systems that will bring a better world for us.
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figmentofmyass
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March 14, 2019, 08:36:07 AM |
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when such gaints can run into a problem, what makes you think they can't be shut down ? LONG LIVE BTC, 100% UPTIME ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) bitcoin could run into problems too. what happens if the internet goes down? like after a bad natural disaster? or a zombie apocalypse? ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) someday we'll have p2p mesh networks and won't have to worry about the centralized internet infrastructure going down. but that's decades away....
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pussyhunter6969 (OP)
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March 14, 2019, 08:52:06 AM |
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when such gaints can run into a problem, what makes you think they can't be shut down ? LONG LIVE BTC, 100% UPTIME ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) bitcoin could run into problems too. what happens if the internet goes down? like after a bad natural disaster? or a zombie apocalypse? ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) someday we'll have p2p mesh networks and won't have to worry about the centralized internet infrastructure going down. but that's decades away.... i think you don't know, bitcoin is available via satellite too
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Nadziratel
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March 14, 2019, 09:49:17 AM |
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when such gaints can run into a problem, what makes you think they can't be shut down ? LONG LIVE BTC, 100% UPTIME ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It is very hard to understand what you are saying truely. I couldn't figure out what you said about social media. Comparing Whatsapp and Bitcoin didn't seem right to me.
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Coinfit_io
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March 14, 2019, 10:08:57 AM |
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But I have to say, you guys will still use FB/TW/INS and so on. Don't you know that the Giants are already focusing on the blockchain technology?
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Powerman001
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March 14, 2019, 10:19:44 AM |
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I think all systems need repairs and maintenance. so does all social media. I hope that bitcoin will be strong and will always run smoothly without any obstacles. bitcoin is the best.
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Carlton Banks
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March 14, 2019, 10:38:11 AM |
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The Bitcoin network has been functional for 99.99999 % not 100%. There was a bug that was fix-it by satoshi. But most people consider this event as a downtime. block 74638 August 15thSome people consider the "Accidental Hardfork" downtime too. And compare that to typical internet banking uptime; 2 outages in 10 years, and now up for 5 years and counting is an unbeatable record someday we'll have p2p mesh networks and won't have to worry about the centralized internet infrastructure going down. but that's decades away....
Some people are already on a meshnet ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Vires in numeris
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pat4cryptoreal
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March 14, 2019, 10:48:17 AM |
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Comparing bitcoin with social media platform like facebook, Instagram and whatsapp is not ideal. The social Media platforms serve different purposes while bitcoin is solving financial technology problem.
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pussyhunter6969 (OP)
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March 14, 2019, 10:53:33 AM |
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Comparing bitcoin with social media platform like facebook, Instagram and whatsapp is not ideal. The social Media platforms serve different purposes while bitcoin is solving financial technology problem.
both are a service
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