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Bitcoin works right without "the internet" or even an IP network, you can sneaker net around the Blockchain, if you like.

Bitcoin works right without "the internet" or even an IP network, you can sneaker net around the Blockchain, if you like. But indeed, Bitcoin-- and the technology in it-- doesn't generally solve the hard problems the web presents (just like the prior distributed system technology before Bitcoin didn't solve Bitcoin's issues). There is a lot of seriously misplaced hype in this space. A bit of pedantry on your last comment: "The biggest problem with the blockchain is that every (at least veryfing) node need a full copy of it" -- this isn't true. Please see section 7 of the original Bitcoin whitepaper "Reclaiming disk space". It's still not a suitable mechanism to store arbitrary data, however.

Posted by nullc on Jan 13, 2015, 10:51 PM

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Bitcoin works right without "the internet" or even an IP network, you can sneaker net around the Blockchain, if you like.

nullcJan 13, 2015, 10:51 PM

Bitcoin works right without "the internet" or even an IP network, you can sneaker net around the Blockchain, if you like. But indeed, Bitcoin-- and the technology in it-- doesn't generally solve the hard problems the web presents (just like the prior distributed system technology before Bitcoin didn't solve Bitcoin's issues). There is a lot of seriously misplaced hype in this space. A bit of pedantry on your last comment: "The biggest problem with the blockchain is that every (at least veryfing) node need a full copy of it" -- this isn't true. Please see section 7 of the original Bitcoin whitepaper "Reclaiming disk space". It's still not a suitable mechanism to store arbitrary data, however.

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