Post
Topic
Board Bitcoin Discussion
Re: Time To Grow Up
by
brg444
on 06/09/2015, 03:05:20 UTC
Which is?


Meanwhile some people are expecting that somehow a massive amount of nodes (thanks to the artificially kept small blockchain) will be run on a network that nobody can really use but a few niche areas.

Basically, who will care running a node at all?

Oh... that... well..it would be a legitimate point if it made any sense at all..unfortunately it doesn't.

Without nodes there's no Bitcoin and without Bitcoin there is no payment channels, sidechains, off-chain services, nothing.

So basically by running a node you are not only supporting Bitcoin but all of its ecosystem. Imagine when nodes get commoditized and every one can set easily set up one and maintain it a little to no cost, the ultimate decentralization!

Of course that can't happen if you bloat the blockchain so much that you'd need specialized hardware/datacenters to run it.