Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
AZwarel
on 18/01/2016, 04:42:40 UTC
Why would be only 5-10, or only 500 nodes? There is no factual data to support that claim at all.

Everyone can have a p2p client that deals with 10kb/sec, has 100 mb storage requirements, needs 1 small cpu and 256mb ram. As you go up and up in hw requirements, cost goes up, "volunteers" go down - even if userbase goes up. As you hit datacenter level requirements the number of "volunteers" starts dropping significantly because costs start running in the 5 digit, then 6 digit category and eventually you'll be paying millions.

Some of us remember 8 bit CPUs running at 4Mhz with 1k of RAM and software stored on audio cassettes. Hard drives were just something you read about. The first one I actually had (nearly 10 years later) was 40MB

+1

I tried to explain this exact point many times before. Some pretend here that suddenly hardware will not increase anymore in the next 10 years, and we are all doomed because 60GB+ blockchain. I remember installing programs from 10+ floppy disks, and am only in my early 30s. My cell phone is stronger than university computers were ~15 years ago.