Yes I know. But doesn't the simple fact of having

Question

Bitcoin Cash (BCH)

Facu

Yes I know. But doesn't the simple fact of having

more spectators add up? Pressure, eyeballs, whatever (sorry if I’m asking stupidity, cleaning my BTC ram)

#bch #bitcoincash #cryptocurrency #english

0

12.07.2024

5 ответов

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Facu Автор вопроса

Jeremy
more nodes is definitely better, and I need to wri...

This is a good idea. The full nodes narrative from BTC is a cornerstone, I understood by the what I’ve been reading + the Ver’s book its bullshit (or hype), but is hard to really get the full understanding, and be able to transmit it.

0

2 месяца назад

Jeremy

Facu
This is a good idea. The full nodes narrative from...

not specifically on the subject of nodes, but there's a LOT of info compiled in the Podcast FAQs which might be helpful on a lot of topics, especially if you're new-ish to BCH or not sure what is or isn't true from what the BTC guys say https://bitcoincashpodcast.com/faqs

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2 месяца назад

🗿len

I think I can explain the disconnect. (I’m going to simplify and expect a lot of corrections but this should explain the mystery you’re voicing.) Going WAY way back to early times bitcoin, mining was done by cpu. The mining software and the wallet were one executable. There was a checkbox in wallet settings for “[ ]Run mining daemon.” Some didn’t bother because it would use up a lot of cpu and disk space. In those times anyone who ran a bitcoin wallet on their computer was a miner. (“One cpu, one vote”) In those times “running a node” = being a miner = having a wallet. This far back there were no mining pools. Everyone just tried to get lucky by scoring a whole block reward for themselves, but that was obviously pretty rare since there were thousands of miners. Since you knew your chances were slim, the real reason you ran the mining daemon all night and day was to “decentralize and protect the network.” It felt cool. It felt cool to understand and participate in the beautiful new vision. At the very least it felt similar to running a Napster node- being the Napster hero that kept a huge music db online for the benefit of others and not just joining briefly to snipe songs. You were doing good by running your decentralized node. Once mining jumped from gpu to industrial, your little cpu node didn’t help the network at all. Of course having your own whole local bitcoin blockchain in your bedroom could be useful or fascinating to you (and it can still feel cool), but it was no longer really doing and “good.” * I never did this myself so don’t come at me bro with a hammer. This is just the reason I believe that btcers remain so fanatical about running nodes- because, once, it really was cool and actually useful. Back when btc worked.

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2 месяца назад

bitcoincashautist

🗿len
I think I can explain the disconnect. (I’m going t...

During the early days of Bitcoin, nodes did all these jobs: 1. Verified incoming transactions and blocks 2. Made their own transactions and broadcast them to the network 3. Assembled transactions into a block template (full block, with just the nonce missing) 4. Filled in the nonce to make the block header pass the PoW check Since then, the jobs have been separated. https://bitcoin.stackexchange.com/questions/120038/how-does-mining-verify-a-transaction/120042#120042

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2 месяца назад

Jeremy · Accepted Answer

Jeremy

more nodes is definitely better, and I need to write an FAQ about this. But it's not like the world's most critical thing. Nodes are overhyped by BTC community (they're not that important) and underhyped by BCH community (they're not that UNimportant)

0

2 месяца назад

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