Jameson Lopp is a program operative during BitGo, creator of statoshi.info and owner of bitcoinsig.com. He enjoys building web services and is intrigued by problems of scale.
In this feature, Lopp examines a causes of a abating series of bitcoin nodes opposite a network and discusses what it competence take to retreat a trend.
Decentralization is, we would argue, a many critical skill of a bitcoin network. Without it, many of bitcoin’s other properties, such as a ability to promote exchange but a third celebration or yield a permissionless height for innovation, would be compromised.
There are many facets that minister to bitcoin’s decentralization, a many critical of that is a network of nodes that contain bitcoin’s infrastructure by holding copies of a blockchain and pity retard and transaction information opposite a network.
And yet, notwithstanding their importance, a series of nodes has been shrinking for years, arguably centralizing a network.
I’ve been writing about a decline in node depends for a integrate years and have been monitoring my nodes with a Statoshi program we expelled in 2014. Because a opening of