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Eth nodes are a quarter of what they were nine months ago. Most people can't even sync a node anymore. None of this is a surprise. This is exactly the outcom

Eth nodes are a quarter of what they were nine months ago. Most people can't even sync a node anymore. None of this is a surprise. This is exactly the outcome expected with unrestrained blockchain expansion. Bitcoin is about decentralization. Every other altcoin, it would seem, is about trying to invent an inefficient paypal.

CryptoPunk 9y ago
Bitcoin saw exactly the same drop in full nodes when light clients were first released. Ethereum still has over two times as many full nodes as Bitcoin. 11,415 Bitcoin nodes: https://bitnodes.earn.com/nodes/ https://bitnodes.earn.com/nodes/ 29,805 Ethereum full nodes: https://www.ethernodes.org/network/1 https://www.ethernodes.org/network/1 >>Most people can't even sync a node anymore. Totally unsubstantiated. >Bitcoin is about decentralization. There's more to decentralization than being able to run a full node on your Raspberry Pi with a 128K modem. Like more than 500,000 people in the entire world being able to write to the blockchain with any regularity, which is not possible with a 1 MB limit on the 10-minute blocks (1.67 KB/s throughput limit). With such limited write-access to the Bitcoin blockchain, the vast majority of the world will have to rely on trusted third parties to hold their Bitcoin wealth on their behalf, since it's impossible for the vast majority of the world to have write-access to the Bitcoin blockchain in order to make use of a private key. I'd rather Ethereum users poll multiple trusted third parties to validate the transaction data they're seeing, and be able to hold their own private keys, and write transactions to the blockchain with those keys, than Ethereum users be able to validate the blockchain trustlessly, but have to trust third parties, acting effectively as banks, to hold their ether.
- Frogolocalypse 9y ago
  > Ethereum still has over two times as many full nodes as Bitcoin. Completely and utterly false. Bitcoin has 160,000+, and Eth has 29,000 (hey! isn't that special. 29k instead of 25k). Eth used to have 75,000 nine months ago. http://luke.dashjr.org/programs/bitcoin/files/charts/software.html http://luke.dashjr.org/programs/bitcoin/files/charts/softwar... You only want to count listening nodes, you're not going to get a full picture, are you? That's the great thing about bitcoin. Anyone can run a node. Anyone can be a peer in the peer-to-peer cash of bitcoin. Most of the peers in bitcoin are only interested in validating their own transactions. That's what makes it so secure. So many independent peers validating their own transactions. You wouldn't understand. > I'd rather Ethereum users poll multiple trusted third parties Trustful blockchains. You should write a white-paper about your new tech.

CryptoPunk 9y ago

Bitcoin saw exactly the same drop in full nodes when light clients were first released. Ethereum still has over two times as many full nodes as Bitcoin. 11,415 Bitcoin nodes: https://bitnodes.earn.com/nodes/ https://bitnodes.earn.com/nodes/ 29,805 Ethereum full nodes: https://www.ethernodes.org/network/1 https://www.ethernodes.org/network/1 >>Most people can't even sync a node anymore. Totally unsubstantiated. >Bitcoin is about decentralization. There's more to decentralization than being able to run a full node on your Raspberry Pi with a 128K modem. Like more than 500,000 people in the entire world being able to write to the blockchain with any regularity, which is not possible with a 1 MB limit on the 10-minute blocks (1.67 KB/s throughput limit). With such limited write-access to the Bitcoin blockchain, the vast majority of the world will have to rely on trusted third parties to hold their Bitcoin wealth on their behalf, since it's impossible for the vast majority of the world to have write-access to the Bitcoin blockchain in order to make use of a private key. I'd rather Ethereum users poll multiple trusted third parties to validate the transaction data they're seeing, and be able to hold their own private keys, and write transactions to the blockchain with those keys, than Ethereum users be able to validate the blockchain trustlessly, but have to trust third parties, acting effectively as banks, to hold their ether.

Frogolocalypse 9y ago
> Ethereum still has over two times as many full nodes as Bitcoin. Completely and utterly false. Bitcoin has 160,000+, and Eth has 29,000 (hey! isn't that special. 29k instead of 25k). Eth used to have 75,000 nine months ago. http://luke.dashjr.org/programs/bitcoin/files/charts/software.html http://luke.dashjr.org/programs/bitcoin/files/charts/softwar... You only want to count listening nodes, you're not going to get a full picture, are you? That's the great thing about bitcoin. Anyone can run a node. Anyone can be a peer in the peer-to-peer cash of bitcoin. Most of the peers in bitcoin are only interested in validating their own transactions. That's what makes it so secure. So many independent peers validating their own transactions. You wouldn't understand. > I'd rather Ethereum users poll multiple trusted third parties Trustful blockchains. You should write a white-paper about your new tech.