Quote from: brg444 on September 15, 2015, 04:02:36 PM

Quote from: knight22 on September 15, 2015, 03:59:58 PM

Quote from: brg444 on September 15, 2015, 03:51:43 PM

Quote from: adamstgBit on September 15, 2015, 03:34:24 PM

Quote from: brg444 on September 15, 2015, 03:27:38 PM

Quote from: adamstgBit on September 15, 2015, 03:16:00 PM

Quote from: AtheistAKASaneBrain on September 15, 2015, 03:10:57 PM

Quote from: knight22 on September 15, 2015, 01:59:09 PM

Quote from: brg444 on September 15, 2015, 01:45:32 PM

Quote from: knight22 on September 15, 2015, 01:31:21 PM

Quote from: brg444 on September 15, 2015, 12:18:14 PM

Quote from: knight22 on September 15, 2015, 03:23:37 AM

Since there is no financial gains to run a node, solutions must be cheap. Their is no doubt the free market will monetize on that.

TIL the free market doesn't answer to the laws of physics and will fit a datacenter into your pocket because.... incentives!!!

The free market has enough wisdom and knowledge to use the laws of physics and come up with cheap solutions to run a node because people like me are willing to pay for such device.

I'd really love to have a Ferrari. Why the fuck can't this stupid free market come up with cheap solutions Angry

God damn you are retarded.

What's retarded is your comparison. Ferrari are not meant to be cheap. They are meant for the rich people market. Also, if Ferrari were nodes, there would be far enough to keep the network secure and decentralized Wink

If Ferrari were nodes, Bitcoin would be centralized across a small % of a very wealthy elite, we already got fiat for that. With Bitcoin we want any regular joe to be able to run a node, this can't never be compromised.

there's a difference between decentralized and distributed...

regular joe, doesn't necessarily have to run a node to keep bitcoin decentralized.

Regular joe cannot use Bitcoin as a peer and therefore without counterparty risk if he cannot run a node.

does that necessarily mean the bitcoin network is not Decentralized?

NO.

if you think joe is interested in running a full node because he fears counterparty risk you don't know joe.

Good, then what problem is there with having him transact on layer 2 protocols and not directly on the blockchain?

That said, Bitcoin being decentralized also mean regular joe needs to have easy access to running a node if they chose so.

No.Joe needs to have an easy access to the blockchain and running a node is irrelevant for him.

One does not truly access the blockchan without running a full node. Any other scenario involves reliance on a third party.

Do you understand what a peer-to-peer network is?

Joe does have access to all of the capabilities he needs directly on the blockchain without running a full node. Using a SPV wallet does not necessarily mean relying on a third party since some SPV wallets can connect to full nodes that are put up by anyone in a decentralized fashion. Having to use a layer two protocol however would translate into much greater reliance on third parties especially with increased adoption and limited blocksize space. Also Joe could run a full node on his average desktop computer with a average connection, even under a regime with much bigger blocks then we have today.