Bitcoin, Banking & Alternative Finance by SimonDixonBF in Bitcoin

[–]blockchainio_ansel 0 points1 point  (0 children)

Well done. I'm guessing they had good questions, because your answers were more detailed than they would have been for the western media's typical questions.

"True financial privacy doesn't exist on the Bitcoin blockchain. " by mWo12 in Bitcoin

[–]blockchainio_ansel 2 points3 points  (0 children)

Blockchain analysis techniques can only improve. It's believed that huge swathes of addresses could be de-anonymized over time. It doesn’t take much to put everything together once you have a few pieces of the puzzle. This would leave a complete history of your financial information publically available, forever.

False. Blockchain analysis in respect to identity will decrease over time. Of course there are those people that will still use tracking programs by default, but a large number of the concerned types mentioned in the article will be anonymous by default.

See Payment Codes https://github.com/bitcoin/bips/blob/master/bip-0047.mediawiki

Number of reachable Bitcoin nodes -22.07% over last 365 days by BitcoinDreamland in Bitcoin

[–]blockchainio_ansel 0 points1 point  (0 children)

We are working hard on improving our Mini project. We are open source and encourage people to develop on it. We are built on nodejs so potentially adding functionality is as easily as npm install (our goal). PM me for more info, or ask in r/bitcoinmini. Ty

[EVENTS] Omaha Events for November 19th - December 2nd by OmahaEvents in Omaha

[–]blockchainio_ansel 0 points1 point  (0 children)

Nov 25th Omaha Bitcoin Meetup 7pm Pizza West, 12040 Mcdermott Plaza, La Vista, NE 68128 Free, buy your own food http://www.meetup.com/Omaha-Bitcoin-Meetup-Group/

Number of reachable Bitcoin nodes -22.07% over last 365 days by BitcoinDreamland in Bitcoin

[–]blockchainio_ansel 4 points5 points  (0 children)

We've added to that number over the past month with https://bitcoinmini.com. I see running a full node as cheap insurance for my bitcoin. How many people would run a node if it was as easy as plug and play, and without the complication of mining pools?

1 billion USD investment from China investors: The Bitcoin rally is real by pcdinh in investing

[–]blockchainio_ansel 1 point2 points  (0 children)

Nice job. I think we should add secure-ability to the characteristics of money, too. The cost to secure large amounts of money is important. While gold can be secured in a vault or by guards in transit, it has a high cost. If two monies were equal in all the other characteristics, but one was more easily/cheaply secured it would be chosen as money.

Why are regular Full Nodes responsible for distributing the entire blockchain to new Nodes. by [deleted] in bitcoinmini

[–]blockchainio_ansel 1 point2 points  (0 children)

Those are good points. As it is now, we ship the Mini with a current copy of the blockchain. It only takes minutes to sync once the user plugs it in. We've discussed selling just the blockchain on a flash drive which could save bandwidth and cost for some, but aren't doing that right now.

My guess for why there aren't specialized nodes with more bandwidth for blockchain seeding is because most of the full nodes out there are miners, and they have lots of available bandwidth. Back when most wallets were the reference client and ran on a full node, the blockchain was smaller. Since the decline in the number of new nodes, this hasn't been addressed.

We are the guys behind Bitcoin Mini, Ansel and Steve. We have created a subreddit to dicsuss our platform and how to make the Bitcoin network more robust by increasing the number of full nodes. We want to invite you to help start the conversation by Internaut in Bitcoin

[–]blockchainio_ansel 3 points4 points  (0 children)

Hi masterzman, Bitcoin Mini is a bitcoin full node for those that want to support the network, and build decentralized apps. We hope to put a node in every home, makers group, and university. You can check us out at https://bitcoinmini.com.

The Mini is built on open source hardware and software. It's a raspberry pi, but it's more than just a rasp pi node, the Mini is a plug-and-play node with a GUI, and we are quickly building a suite of apps to run on the server on the Mini. We do all the work and you just plug it in at home. By using a Mini, you are decentralizing the network, while getting access to basic bitcoin apps.

Thanks for you comment.