You are viewing a single comment's thread from:

RE: INS Up 47% 📈 On Binance Listing / Bitcoin Cash Network Attack 💥

in #dtube7 years ago

Haha, we shall see how this plays out for Bcash. BTC is been attacked constantly and always recovered. Bcash only exist for cheap transactions, so when spam will continuo they HAVE TO raise the block size again to make their shitcoin 'useful' again. Finally the spammers can drive the block size to a level where running a full node is impossible for the normal users.

Sort:  

If it hits 8MB on every block there is no way a normal user can afford to run a full node. I'm not going to download 1GB everyday just to support this.

That would be very costly for the "attacker" sending "spam", but you are mixing different topics here.

8MB is meant to be reached at some point, which is fine if it still works, "spam" or otherwise.

Also, normal users were never intended to run full nodes in the long run. Mark Satoshis own words. That's not the system design.

Mark Satoshi lol! I thought he was going by Satoshi Nakamoto, care to link to your quote? As many people as possible need to be able to run nodes to prevent decentralisation and the system WAS designed to account for this.

"With computer systems typically selling with 2GB of RAM as of 2008, and Moore's Law predicting current growth of 1.2GB per year, storage should not be a problem even if the block headers must be kept in memory." P4 bitcoin whitepaper

That particular quote was a quick estimation to show that it could be done by nodes at all. The fundamentals still required specialization over time. Regular users were intended to "just be users" and not run anything but simplified nodes.

Secondly it would seem growth in RAM has kept up rather nicely, just as Satoshi expected.

With the advent of fiber, perhaps to be replaced by even faster and wireless devices, (and VR enviroments boosting demand for memory), I think we can expect quite the ride in the coming years. Not that any of this means regular users should be running full nodes at this point.

Here's a quote just for the sake of providing a source for my claim Satoshi ever said such a thing. (And btw that's what he was frequently called by others, the full name was rarely used)

Only people trying to create new coins would need to run network nodes.
At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware.
A server farm would only need to have one node on the network and the rest of the LAN connects with that one node.

From the Crypto mailing list. Anything else was, in his own words, "a gentlemen's agreement".

Recovered just fine in no time.