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The Bitcoin Core GitHub repo was long ago hijacked by the for profit company, Blockstream. Every update made since their takeover has hurt the core principal of Bitcoin, which is to be peer to peer digital cash, a replacement for Visa-like daily payments.
Bitcoin Core is a "Node", right? A software you run if you want to have the whole history of all Bitcoin transactions of your own hard drive? Therefore I would think it is only used by researchers and analysts?
GitHub should start introducing energy labels to repos so that they understand the impact they have on the environment.
I have read the whitepaper and followed discussions about the protocol for quite some time, but never looked into the actual software landscape. Bitcoin Core is a "Node", right? A software you run if you want to have the whole history of all Bitcoin transactions of your own hard drive? Therefore I would think it is only used by researchers and analysts?
I have read the whitepaper and followed discussions about the protocol for quite some time, but never looked into the actual software landscape. Bitcoin Core is a "Node", right? A software you run if you want to have the whole history of all Bitcoin transactions of your own hard drive? Therefore I would think it is only used by researchers and analysts?
isnt it necessary to run full node to mine bitcoin?
I have read the whitepaper and followed discussions about the protocol for quite some time, but never looked into the actual software landscape. Bitcoin Core is a "Node", right? A software you run if you want to have the whole history of all Bitcoin transactions of your own hard drive? Therefore I would think it is only used by researchers and analysts?
I see a lot of resentment here for this software. But it’s perfectly possible to make your own implementation of the bitcoin protocol. Like Luke, who made Knots. And other versions exist too. The real pain comes from the choices in the past to keep bitcoin inclusive. Smaller blocks mean the ability to download and verify on simple cheap hardware. Have a look at ETH, SOL or EOS. What kind of server park do you need to…
Ethereum shares the same philosophy of ensuring that clients are capable of being used on lower end hardware to ensure diversity of nodes.
Ethereum nodes can and are being run on Raspberry PI's + SSD drives.
You can even validate the Ethereum network on a Raspberry PI.
In Ethereum you "validate" instead of "mine" like in bitcoin, this is what keeps the network secure and validating is much more power efficient (99.995% less power use than Bitcoin for). See Proof of Stake vs Proof of Work.
My question to you is: Look at BTC. What kind of specialized, expensive, environmentally unfriendly, ASICS do you need to secure the chain?
GitHub should start introducing energy labels to repos so that they understand the impact they have on the environment.
The Bitcoin Core GitHub repo was long ago hijacked by the for profit company, Blockstream. Every update made since their takeover has hurt the core principal of Bitcoin, which is to be peer to peer digital cash, a replacement for Visa-like daily payments.
Cash transactions are more or less irreversible. Visa is very much not final until at least months after the fact.