No internet, no problem. Venezuela got its first bitcoin satellite node which processes transactions without internet. "Space node" was set up in the country by Anibal Garrido and the Anibal Cripto team using technology from Blockstream
Hi Bitcoiners! I’m back with the 32nd monthly Bitcoin news recap. For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you an overview of what happened in bitcoin over the past month. You can see recaps of the previous months on Bitcoinsnippets.com A recap of Bitcoin in August 2019 Adoption
Bitcoin Surpasses 10 500 Nodes and Growing. The Top 10 List by Country #bitcoin #ethereum #ico Canada… https://t.co/XqmFr0IyAE - Crypto Dynamic Info - Whales's
Posted at: February 17, 2019 at 03:48PM By: Bitcoin Surpasses 10 500 Nodes and Growing. The Top 10 List by Country #bitcoin #ethereum #ico Canada… https://t.co/XqmFr0IyAE Automate your Trading via Crypto Bot : http://bit.ly/2GynF9t Join Telegram Channel for FREE Crypto Bot: Crypto Signal
02-05 14:37 - 'Core: Increasing block size past 1MB will create too much pressure on full nodes in countries with shitty internet. Everyone should be able to run a node, even if it comes at the cost of super expensive and delayed transactio...' by /u/Shibinator removed from /r/Bitcoin within 7-12min
''' Core: Increasing block size past 1MB will create too much pressure on full nodes in countries with shitty internet. Everyone should be able to run a node, even if it comes at the cost of super expensive and delayed transactions for the rest of the users. A higher degree of decentralisation is worth killing off tons of existing users and existing services. For some reason, SegWit is a good idea because it "increases" blocksize but somehow isn't a problem for nodes - I still don't understand the contradiction here. Unlimited: Letting miners set blocksize will allow an immediate increase in blocksize to 2MB. This will lower fees and confirmation delays and produce some breathing room for the Bitcoin community to keep growing while further scaling solutions are developed. Maybe there will be some small loss of nodes run in crappy countries, but returning Bitcoin to a useable network (reasonable fees, low confirmation times) and encouraging user growth is much, much more important as ultimately more users means more people to run nodes.
And if Unlimited do fork off, what does that mean?
It means Bitcoin splits into two versions. The one with more community/minenode support will likely rapidly come to dominate and be the "new" Bitcoin. The old Bitcoin will have massive confirmation delays due to a drop in hash rate and probably die off entirely as its price crashes. Holders get coins on both sides of the fork, so they can just wait and see what happens, or if they are feeling sure they know which side will win they can sell on one side and buy on the other to increase their holdings either ending up with extra coins or none depending on if they correctly predicted which side would win.
Is there going to be a price drop?
No one knows. Depends on if a fork happens, how drawn out it is and how much confusion it creates in the community. Short term, probably yes there will be a price drop of some kind. Afterwards, nobody knows. In MY opinion, Bitcoin Unlimited is likely to win and that will encourage a big price rally as Bitcoin returns to a network able to onboard new users with lower fees and the market sees that it can handle a hard fork to upgrade when necessary.
One way to also understand how countries behave in the market is by checking the number of active nodes they have. As Bitnodes reports, the United States holds 24.88% of the total number of nodes around the world, followed by Germany with 20.27% and France with 6.04%. China comes in the fifth position with 4.18% of the total number of nodes ... Bitcoin Country! Top 10 Nations Who Love Btc. Bitcoin Country! Top 10 Nations Who Love BTC Last updated on November 13th, 2014 at 08:51 pm Its a Bitcoin takeover and if you are not on this list of the top ten nations that are adopting this merchant phenomenon, then you are not a part of Bitcoin Country. Bitcoin has a lot of potential. As of February 24, 2019, nearly three-quarters of all Bitcoin nodes were located in just 10 countries, the research shows. The US leads the pack with over 2,625 nodes, followed by Germany and ... NODE ADDRESS USER AGENT HEIGHT LOCATION NETWORK; 220.127.116.11:8338 18.104.22.168.bc.googleusercontent.com Since 4 weeks ago /Bitcoin Gold:0.17.1/ (70016) Bitcoin Core full nodes have certain requirements. If you try running a node on weak hardware, it may work—but you’ll likely spend more time dealing with issues. If you can meet the following requirements, you’ll have an easy-to-use node.
Orange County Bitcoin Full Node Deep Dive - YouTube
Blockchain 101 Ep 14 - How do countries around the world perceive digital assets? by Huobi Global. 1:17. ... Blockchain 101 Ep 19 - What are Bitcoin nodes? by Huobi Global. 1:16. What is A Bitcoin Node. Step by Step Explanation https://blockgeeks.com/ The bitcoin network consists of a network of nodes, which are just computers or serv... HTC Blockchain Node Phone, Swiss Crypto Bank, Bitcoin Node Countries & Institutional Interest The Modern Investor. Loading... Unsubscribe from The Modern Investor? Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Talking about Sovereignty https://bitcoin.org/en/download https://bitcoin.org/en/full-node#what-is-a-full-node https://blockchain.info/charts/blocks-size htt...