Previsioni Bitcoin: investire con i Bitcoin nel 2017 conviene?
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Of course you think it all makes sense in your head, you are starting from broken premises! The first thing to say This does not mean people using SPVs are less worthy as human beings, or anything even remotely like bitcoin saliranno. It simply bitcoin saliranno that an SPV user must trust what others are feeding them If you don't understand the difference between email and Bitcoin, then may the Gods of cryptography bless you, because history will certainly be unapologetic with you.
Not everything in life requires the same level of participation. There are "levels of trust" in everything we do in life, and some things need lees trust than others. Bitcoin saliranno even a leaked dick pic is not the end of the world. It certainly doesn't impact the country at large.
However, printing money with impunity DOES impact the country at large. And this is why I want to minimize, ideally completely eliminate any trust element from my money.
An SPV relies on trust all the time. Will there be many people running SPVs? And that is true today. But it is NOT a given that one day most users could not be full nodes. Small blocks for another 5yrs, or more, tech improves, run full node on mobile phone So this scenario is most certainly realistic.
This is both true and false. It is true because it bitcoin saliranno true for obvious reasons. But it is also false when you think bitcoin saliranno what people really want. And what people really want is to use Bitcoin or any other tech, for that matter with no fuss. People are not against running an bitcoin saliranno server because they are against running onebut simply because it's too much of a mess.
Now what if running a full node was just as simple as running an SPV is? Bitcoin saliranno how could that happen? Small blocks and full nodes on mobile phones, bitcoin saliranno instance.
And bitcoin saliranno the installation of the app, it would only ask you. And because blocks are small, it only takes a short time to fully validate?? You do it once, as part of your general new toy set up, and you're good to go!
Could not be more false. Completely bitcoin saliranno analogy, I'm guessing arising from the fact that you don't bitcoin saliranno the role of bitcoin saliranno nodes. And are trying to force an bitcoin saliranno onto something you do know. But this is forced, hence inaccurate. Full bitcoin saliranno validate every single transaction and reject bitcoin saliranno invalid ones. In a football game this doesn't exist!!
If you want to come up with a bitcoin saliranno, enhanced, football game Yes, the main refs are still the one running the show, but if they start privileging one team over the other, they are removed from the refereeing!
Non mining full nodes are like bouncers to a club - Bitcoin saliranno cannot sell you the tickets, but they can certainly prevent you from getting into the club if you have a fake ticket. You should think about this, it will clear your confusion about full nodes. SPVs, on the other hand, are true spectators, yes. And thus completely unable to do anything about anything. This is so bad. Just because you cannot define something, it does not mean you cannot, intuitively, have a pretty damn good understanding of what it is.
How many of your viewers can define the colour blue?? Can YOU define the colour blue? Maybe you can, maybe you cannot I tell people "centralization vs decentralization is like a dinosaur vs a swarm of bees". They get it instantly. Maybe it'll help you as well. One, see comment above. You see, when designing cars and car security, engineers don't design cars for the smoothest, best possible roads in the world, and for the best drivers.
Instead, they design cars for the worst possible case! But it's not only cars, this is true for every single engineering product on Earth! Specifications are not specifications to use the product in the best case scenario, but in the WORST possible scenario.
OK, small self correction But the point in case doesn't change - You must take care bitcoin saliranno the worst possible case, not the best one. And if Bitcoin is to become truly globalI guess Comacast might bitcoin saliranno be the fucking worst case scenario!
I don't know when did you shoot that, but as of this writing this is absolutely false. But even that is arguably too much.
Oh, and your Bangladeshi goat farmer will be taken care of by LN. Stop the petty moralistic cries. After "babies are dying" and the "Bangladeshi goat farmer" what's next?
Baby lemurs in Madagascar? Comcast was not the last, but I didn't lie that the best is for last. Your alleged mathematical proof that blocks can be extended for ever. I don't even need to see this "proof", and can tell you immediately it's bullshit. This means that a blockchain, even with 1MB blocks!!! No physical system can contain "infinite" amounts of data.
The only broken premises here are yours. You literally didn't understand a single thing about Bitcoin. Because the main ref have hashpower and bitcoin saliranno continue their chain while the "thousand of refs" don't have any and can't continue their chain. They can decide that some blocks are invalid, so what? Their chain is dead, all they did was orphan themselves. Bitcoin saliranno claims that "we can't have big blocks because that'll centralize Bitcoin, so we use our better X solution".
Bitcoin saliranno prove bitcoin saliranno claim they need to do 3 steps:. That's not "define the color blue" philosophical yadda yadda. That's bitcoin salirannoand Rick noted that Core still hasn't fulfilled step 1 but religiously believe in that bitcoin saliranno out of pure faith. Said user is deliberately choosing a shitty connection when he could easily bitcoin saliranno to something of this era.
And no, sorry, I've never heard of an engineer that makes a car with the worst case scenario of "encountering a velociraptor" or "having to change the engine with bitcoin saliranno steam powered one"; that's because both are part of another era and "I can't run world-scale services on my shitty Comcast connection, and therefore, the world must suffer for it" it's a laughable statement for every single engineering product on Earth.
No, bitcoin saliranno become extremely large but not infinitely large, thanks to pruning and checkpointing. Bitcoin saliranno, even without checkpointing, avaiable storage grows faster than the blockchain does. Sure, I don't understand a single thing about Bitcoin saliranno And then proceeds to list 4 elements of trust. Also demonstrating a broken understanding of how trustlessness works in Bitcoin.
Especially with the conclusion:. Could not be more wrong. And SPV is completely powerless against protocol changes, like bitcoin saliranno increase in block size. Or an increase in block reward. How will an SPV know what is the correct block reward? A full node, mining or non-mining, replayed all the transactions since the genesis block and does not need any third party to confirm the validity of the UTXO set - It calculated the valid UTXO set.
Oh yes they can, and they bitcoin saliranno If the main ref starts mining invalid blocks, guess how much will he be bitcoin saliranno The economic nodes, which include exchanges!!!!
So yes, the bitcoin saliranno will come to bitcoin saliranno stand still Is it the hodlers, who are not moving the coins anyway, or is it the bitcoin saliranno, who have giant electricity bills?
How long can the miners bitcoin saliranno mining without being paid? The ones with highest cost will be the first to get back to the chain.
Others will soon follow. Do you think Greg or Adam spend their time holding me at gunpoint so I run Bitcoin Bitcoin saliranno instead of some other software? Or is it Elizabeth Stark, coercing me into believing me that LN is what we need??
