While hashrate gets most of the attention from a security standpoint for cryptocurrencies like Bitcoin, would security also benefit if full nodes because more pervasive from a geographic density standpoint?? i.e. number of full nodes per square kilometer or a similar measure??
How many bitcoin users operate a full node? What percentage? This seems like a question that could be accurately polled by a questionnaire. Once we have that number, we simply multiply that by the number of nodes in existence at any given time in order to estimate the number of users.
How many bitcoin users operate a full node? What percentage? This seems like a question that could be accurately polled by a questionnaire. Once we have that number, we simply multiply that by the number of nodes in existence at any given time in order to estimate the number of users. /r/Bitcoin
Bitcoin full nodes versus thin nodes: do we have any idea of numbers?
Of those people who don't just keep their BTC on an exchange, but are being their own birdbath bank - do we have any idea how many are running full nodes and how many are running thin nodes? I wonder because someone asked me:
I had not realized that you have to store the entire blockchain on your computer to use Bitcoin. Is this inherent to the idea, or just the way things work? Is it not possible to "snip the tail off"?
It is possible, I'm wondering if anyone much does so in practice in 2017, or if SPV clients are in practice just an excuse when someone points out how goddamn bloated the blockchain is these days.
We are the guys behind Bitcoin Mini, Ansel and Steve. We have created a subreddit to dicsuss our platform and how to make the Bitcoin network more robust by increasing the number of full nodes. We want to invite you to help start the conversation
What’s a Bitcoin full node? The Bitcoin network is a collection of computers all over the world running the Bitcoin Core software that verifies transactions and blocks. It’s the distribution of these “nodes” (the term for a computer attached to the network) and the fact that anyone can set one up that makes Bitcoin “decentralized.” Blocks may only create a certain number of bitcoins. (Currently 6.25 BTC per block.) ... It is only reasonably secure to use a lightweight node because most of the Bitcoin economy uses full nodes. Therefore, it is critical for Bitcoin's survival that the great majority of the Bitcoin economy be backed by full nodes, not lightweight nodes. This is especially important for Bitcoin businesses ... When Bitcoin Core starts, it establishes 8 outbound connections to other full nodes so it can download the latest blocks and transactions. If you just want to use your full node as a wallet, you don’t need more than these 8 connections—but if you want to support lightweight clients and other full nodes on the network, you must allow inbound connections. Bitcoin miners broadcast messages (transactions) across the network for validation using these full nodes. A higher number of nodes increases the overall security of Bitcoin by making double ... Nodes. Chart shows the number of reachable nodes during the last 365 days. Individual series can be enabled or disabled from the legend to view the chart for specific networks. 1599343396: Tor connectivity issue. User Agents. Chart shows the distribution of reachable nodes across leading user agents. Series can be enabled or disabled from the legend to view the chart for specific user agents ...