Why Nostr? What is Njump?
2023-06-07 15:04:00
in reply to

Alex Kravets [ARCHIVE] on Nostr: 📅 Original date posted:2013-06-27 📝 Original message:Hi Jim, On Thu, Jun 27, ...

📅 Original date posted:2013-06-27
📝 Original message:Hi Jim,

On Thu, Jun 27, 2013 at 12:18 PM, Jim <jim618 at fastmail.co.uk> wrote:

>
> Alex: Yes I think most users migrate to blockchain.info or,
> more recently coinbase.com. They are both good wallets
> but I'd like to keep Bitcoin as P2P as possible.
>

Guys, being a late comer/outsider (I got into bitcoin in early 2012), I can
tell you that this particular asylum is definitely run by its inmates.

What all the nerdy devs (and I am one so I know) seem unable to comprehend,
is that regular people out there don't wanna learn all this new stuff and
new terminology they simply have no attention span for it.

Simply channelling them to a decent client that

1. Just works (no blockchain downloads and no re-sync)
2. Allows to retain control of the private keys

Would be HUGE for mass adoption.

Old tired argument about "Bitcoin needs your nodes", so we'll channel you
to get bitcoin-qt client is both manipulative and unnecessary (there's
plenty of nodes and NAT'ed home nodes which don't mine are mostly useless
anyways)

P.S. coinbase.com is just another trust-me setup takes your coins in
exchange for IOUs, whereas blockchain.info does let you to retain control
of your private keys.

P.P.S. The reason why coinbase has gotten so big is precisely because they
don't trouble regular lawyers and doctors with all the nonsense but simply
give them a
"buy" and a "sell" button.





> Luke-Jr
> I think you are right here on the number of full nodes versus
> SPV nodes.
> I don't think we even know yet what are the working ratios of
> full nodes to SPV nodes. I haven't seen anybody do any
> analysis on this.
>
> I doubt multibit will ever participate in the Bitcoin network
> other than as an SPV client. All the optimisation is to reduce
> data traffic - it is effectively a mobile wallet that happens to
> live on a desktop. It is not really intended to be more than
> "a wallet for regular people to store and spend their bitcoin".
>
> In English the nomenclature for direction of the transactions
> is: "Sent to" and "Received with". To be honest I
> haven't transliterated the localisation files to check other
> language packs but the localisers are pretty good in my
> experience.
>
>
>
>
>
> On Thu, Jun 27, 2013, at 07:41 PM, Gregory Maxwell wrote:
> > On Thu, Jun 27, 2013 at 11:04 AM, Luke-Jr <luke at dashjr.org> wrote:
> > > On Thursday, June 27, 2013 5:30:21 PM Jeff Garzik wrote:
> > >> * Very real possibility of an overall net reduction of full nodes on
> P2P
> > >> network
> > > Even a reduction of *nodes at all*, as I've never seen a listening
> bitcoinj or
> > > MultiBit node. :/
> > > Jim, will MultiBit be adding p2p listening support?
> >
> > Without validation listening isn't currently very useful. :( Maybe it
> > could be somewhat more with some protocol additions.
> >
> >
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>
> --
> https://multibit.org Money, reinvented
>
>
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--
Alex Kravets <http://www.linkedin.com/in/akravets>; def redPill = '
Scala <http://www.scala-lang.org/>;
[[ brutal honesty <http://goo.gl/vwydt>; is the best policy ]]
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