Post
Topic
Board Bitcoin Discussion
Re: the 1MB limit will centralize bitcoin
by
brg444
on 10/09/2015, 20:17:37 UTC
and simply want to say that if bitcoin grew 1000X over night, a typical home computer can STILL handle the fucking traffic  

You are simply wrong - this isn't going to happen and if it grew by that amount then most will stop running it.

I have already stopped running it because of where I live (and I would like to run a full node).

So if someone with advanced computing skills has "given up" then why on earth would you think that anyone with less skills would keep doing that (seeing their computer getting CPU and I/O bound).

I am not sure what sort of "super home computer" you are running but when I run Bitcoin on my laptop it basically stops working properly.


Maybe something is wrong with your laptop or maybe great firewall prevents you from syncing? (I presume you live in china)
Mine runs fully validating node just all right.
MY CPU Usage is at 6% and upload and download usage is mostly under 10kB/s, which is tiny fraction of my bandwidth.

I have even relatively slow connection by local standards 50/10Mb. Currently where I live you can get 100/100 Mb for roughly 19,90€/month and I wouldn't be surprised if in 5-10 years that is 1Gb/s. There's millions of people with such home connections and only few thousand need to run full nodes.

How did you come up with this number?

What if the US outlaw Bitcoin and prosecute anyone running nodes then I guess as it stands the rest of the network is in pretty bad shape heh?
if the US outlaw Bitcoin and prosecute anyone running nodes, i dont care if you had a million nodes or 1000 nodes b4 this event, nodes would drop the same exact level ( i'm guessing there are about 50 crazies willing to run nodes given this sanario )

 Huh

you do realize other parts of the world can run nodes as well. the point was that "a few thousand" can be attacked if Bitcoin is big enough that it becomes a danger for nation states.