Am I the only one who is starting to get sick of this?
Really? we are all going to wake up one day and every block is going to be 20MB? when will you get it? there needs to be transactions to fill up a block; it is not going to magically happen ...
That's what 20 MB blocks require. That means, you receive the blockchain, that's 84 gigabytes per month. You send the blockchain to one peer, that's another 84 gigabytes per month.
No it is not; that is not how P2P works ... a single peer does not send all the blocks to another peer, it is shared. Please stop spreading nonsense and dooms day theories on a block size increase.
Quite frankly someone needs to grab the bull by the horn and make the decision and pull into the bitcoin core (and I am sure Gavin will).
And how does the mighty P2P work?
If 100 people want to download 1 gb of data , there have to be people uploading 100 gb of data.
And now it's only a question who will do the upload , 1000 people or 10 people.
If you pick 10 it means 10 people supplying 10x more people.
But be careful , if you pick the 1000 choice it means that 1000 people already have that data , how did they get it?
=)))))
In the end it's a 1:1 ration , with some peers uploading 50x times more than they download and peers not uploading anything.
As a sidenote
A reddit post one year ago tried to raise an alarm
http://www.reddit.com/r/Bitcoin/comments/24645i/psa_the_amount_of_full_bitcoin_nodes_is_dropping/Of course , people said it was FUD.
But since then the number of nodes dropped from 7400 to 5800
https://getaddr.bitnodes.io/dashboard/?days=90Was it FUD?