Re:BitPay Will Process Payments on Multiple Blockchains, Sta...
by pmorici on Saturday December 16, 2017 @03:44AM
(#15938531)
It currently costs less to run a node per month than it does to do three transactions on the blockchain in the same period. Why would anyone care to run a node if the transactions aren't affordable.
Re:BitPay Will Process Payments on Multiple Blockchains, Sta...
by Frogolocalypse on Saturday December 16, 2017 @04:12AM
(#15938608)
If the blocksize was increased to double its current resource requirements, where i live in Australia, it would be impossible to run a node at any price.
And because the people who run nodes know this, they reject your proposals that reduce bitcoin network security.
Re:BitPay Will Process Payments on Multiple Blockchains, Sta...
by pmorici on Saturday December 16, 2017 @04:28AM
(#15938657)
You don't need to run a node unless you are a miner you should be using an SPV wallet. Chances are you already do.
Re:BitPay Will Process Payments on Multiple Blockchains, Sta...
by CryptoPunk on Friday December 15, 2017 @11:16PM
(#15937623)
The specifics of the difficulty adjustment algorithm are not critical to the original vision, but way to deflect (from the original scaling plan) to a different point.
>>If you don't run a node, or you can't run a node because of resource requirements, you're not a peer.
We had this discussion before:
[dead]
Where in the original white-paper is the emergency difficulty adjustment?
https://medium.com/@jimmysong/bitcoin-cash-difficulty-adjust...
> peer-to-peer
If you don't run a node, or you can't run a node because of resource requirements, you're not a peer.