Over 1 in 3 Nodes Now Support Bitcoin Classic as Core Remains Flat
The battle for supremacy among Bitcoin nodes is still going on, and it looks like the Bitcoin Classic team is gaining a fair bit of ground in recent days. That being said, it is important to distinguish between full nodes and pruned nodes, as routing one single node through a list of IP addresses is throwing off the numbers. Moreover, the number of....
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The Bitcoin block size debate is still in effect as we speak, and things are heating up once again between Bitcoin Core and Bitcoin Classic supporters. Now that a working client for Bitcoin Classic users has been released, various Bitcoin nodes seem to be favoring this solution over Bitcoin Core. However, the battle is far from over, as not everyone is....
The topic of Bitcoin Nodes is still a cause for many debates on Bitcoin platforms and Reddit these days, as the recent jump in Bitcoin Classic support has people asking a lot of [valid] questions. Although it is positive to see an outspoken support for either Core or Classic, trying to artificially grow the numbers will not do anyone any favors in the long run. A recent report shows how most of the Bitcoin Classic nodes are not hosted on dedicated servers, which is of particular concern.
Since its launch, Bitcoin Classic's node count has steadily increased. The latest release of the alternative Bitcoin implementation even topped the charts, with almost 3,000 Bitcoin Classic 0.12 nodes reachable on the network. But a closer look at these statistics reveal some odd details. First, IP-data suggests that many Bitcoin Classic nodes might not really be many Bitcoin Classic nodes at all. Instead, a single node could use multiple IP addresses to spoof total node count. This possibility appears more likely in light of the observation that very few Bitcoin Classic nodes seem to be....
Once the “little fork that could,” Bitcoin Classic has stalled and begun to fall, reducing hope for an increased block size limit anytime soon. In the meantime, Bitcoins problems with overloaded blocks and high transaction fees continue to worsen. During March of 2016, the number of Bitcoin Classic nodes surged past the number of Bitcoin Core nodes (2,875 for Classic at its peak versus 1,642 for Core), and the percentage of Classic blocks mined peaked at 7%, or 70 of the last 1,000. However, progress against Core stagnated over the next few months as Classic’s node count steadily....
The ongoing debate between Bitcoin Core and Bitcoin Classic supporters is creating an attractive prospect for enthusiasts looking to set up full Bitcoin nodes. Most people are aware of how more network nodes will further strengthen the network, and help broadcast transactions to the Bitcoin miners. A recent post has surfaced mentioning how people can set....