"What would happen to Bitcoin and by extension cryptocurrencies - if there was intermittent issues with Internet connectivity across the globe, with parts of the Internet segmented from each other for over a day?"
This question may be similar to the question that sparked it - I saw some of the replies, and the replies where like "The internet is designed to be resilient so it would never happen" - I would love to reply to those guys and tell them that yes - there are many dark zones of the internet, and we're not all connected to all of it all the time - the WEB in the other hand .... yes - we can pretty much access the same content, and the WEB is built on top of The Internet - So now with that out the way -- What would happen if there was intermittent issues with connectivity? Will everyone just 'catch up' ?? Update: More Specifics In fact let me be a bit more specific - the northern hemisphere and the southern hemisphere suffer a network split, sort of like split brain scenario on a global scale -- Connectivity is still achieved locally, but routing request to resources only located in the other hemisphere are a no go - global redundancy for the most popular and powerful entities online mean that their services are unaffected from a consumer perspective - think netflix being in local locations, amazons 2 billion data centers etc etc, I'm sure there will be copies of the block chain on both sides of the split - each side thinking oh wow, we just lost 50% capacity - well, that's strange, lets carry on - Can the two sides reconcile once North and South reconnect?
SMS is one of the basic communication tools we have. CoinText made it easy to send BCH via SMS. Likewise, Email is a basic service that connects mankind via the Internet. But we do not have an email service for sending BCH yet! I would love to have an [email protected] BCH email account/wallet!
Is there a way to create a 12 or 24 word seed and have a QR code without internet connection, because ledger nano needs to connect to internet for display the Qr code, and the Ian coleman tool does not give a QR code when of the creation of 12 or 24 words (x-post from /r/Bitcoin)
"What would happen to Bitcoin and by extension cryptocurrencies - if there was intermittent issues with Internet connectivity across the globe, with parts of the Internet segmented from each other for over a day?" (x-post from /r/Bitcoin)
08-31 07:48 - 'What does the software do? / It opens ports on your computer and connects to other versions located on the internet. It then transmits data to/from them regularly. / What other kinds of software do what I just described?' by /u/time_wasted504 removed from /r/Bitcoin within 521-531min
Venezuela-based exchange Criptolago is rolling out a new service that allows crypto users to send Bitcoin (BTC) without having to be connected to the internet. The service, which supports crypto transactions via text message, was launched on April 6th in response to Venezuelan President Nicolás Maduro’s call to action. Another way to send Bitcoin without an internet connection or cellular network is through a TxTenna device. Although the transaction does not work entirely offline it offers a secure way to send Bitcoin offline. Users have to rely on the goTenna mesh network and the Samourai Wallet. Mesh nodes receive the transaction until a TxTenna internet connection is found. This is when the transaction is ... This means one can transact BTC without a direct internet connection, as the goTenna device connects to a bitcoin wallet on an Android phone, that can be used to transact without internet. The catch, is that they’ll have to connect to another goTenna user that does have an internet connection. Through a statement, the company noted: In the past decade there have been several technological advancements and Bitcoin has made P2P digital cash transfers possible, without the involvement of a third party or intermediary. In this day and age it has even become possible to send Bitcoin without an internet connection, and knowing this is more… One project that intends to decrease Bitcoin's dependence on the internet is Blockstream's satellite project that allows anyone to receive the Bitcoin blockchain using a small satellite antenna and a USB receiver. Blockstream's ground stations transmit new blocks to the satellites so that anyone can receive them, even without an internet connection. This makes it possible for anyone to fully ...
Bitcoin satelite to be launched, No internet or Wi-Fi required to access bitcoin.
I Built a Bitcoin Miner and the Profits Have Been HUGE! Today we're mining BTC and selling our current bitcoin for BIG Boy Money! Then, we use those profits ... Satellite communications has eliminated an important weakness in blockchain technologies.Now users canGet access to Bitcoin (BTC) even without an Internet co... Elaine Ou (Global Financial Access) moderates the panel with the topic of "Bitcoin Without Internet," with Dr. Adam Back (Blockstream), Rodolfo Novak (Coinkite), and Richard Myers (GoTenna) at MCC ... If you want early-access to talks and a chance to participate ... one of the most well-known and respected figures in Bitcoin. He is the author of “Mastering Bitcoin,” “The Internet of Money ... Today we're going to talk about what is Bitcoin? One of the hardest questions to answer. You can be very simple, like for example, Bitcoin: internet money. Y...