Should the Bitcoin Cash blockchain be used to permanently publish/index .torrent file metadata?
I'm a BitTorrent client developer. I'm currently working on ways to make BitTorrent Indexing websites obsolete as they continue to be points of failure in the way of content publishing and content discovery for BitTorrent users. We are doing this without a blockchain (clever use of our current Kademlia DHT and a distributed search/indexing protocol), but it wouldn't hurt to have SOME of the content indexed forever in an indestructible, permission-less and distributed data store such as the Bitcoin Cash Blockchain. We see the blockchain is being used for micro-blogging (Memo.cash, Blockpress.com) without much controversy, if people are willing to pay to talk, maybe a set of users might be willing to pay a few cents to publish their works on the blockchain and have the best reassurance that content won't be censored for as long as that blockchain lives. Our BitTorrent client would now have an optional action for seeded .torrents along the "Publish Forever to Blockchain" lines. Initially the user would get an explanation of what this is about and why it needs to be paid for, a simple wallet would be integrated in the client so the user can load a balance and start publishing torrents on the network. We'd use merkle torrents (they keep a merkle root hash instead of all the hashes to every torrent piece) if possible, if not, we'd add the .torrent's infohash and whatever user metadata can be fit into what the Memo.cash and Blockpress.com people are using to send tweets. Every torrent client in the world could scan the blockchain and create a local (or distributed if it's too big) index, no more torrent index websites needed (for that content), it'd be up to client developers to sort out spam issues, for example algorithms such as "Trust is Risk" could be used to make sure we trust content only through the people we trust and not by what spammers may have attempted to do. Yay or Nay? Please Vote: Poll on Memo.cash Poll on Twitter and let's discuss here on reddit what all of this triggers in your brain.
[Bitcoin Showerthought] Things used to be backwards: Media was Limited (books, music, video) and Money was Unlimited (government fiat). Now, with Internet & Blockchain, things are finally right: Media is Unlimited (torrents, youtube, netflix) and Money is Limited (bitcoin: 2.1 quadrillion satoshis)
I paid for a torrented movie, because it was easy: The Rise and Rise of Bitcoin. I was startled by the blockchain.info website updating in real-time and in synchronisation with my wallet. The utility and unprecedented freedom of Blockchain techs continue to impress me.
Could a torrent-style blockchain system work for bitcoin, to alleviate concerns about blockchain size?
As I understand it, the concern about raising the blocksize cap is that it becomes difficult to download the entire blockchain and expensive to host a full node. Hence a centralized failure point. What if instead of connecting to full nodes to view the blockchain, you connected to 1000s of users, each with a tiny portion of the blockchain. Each segment would be chosen from random users such that it would be impossible to falsify your portion of the blockchain for double-spends, etc. Seems like for any crypto to scale, it needs to allow for a rather massive blockchain. Torrents worked for large downloads so maybe some kind of torrent-like system could work for nodes.
Hi all, We know that syncing the blockchain for the first time tages longer and longer.. You don't have to use the full version, but you might want to if you use bitcoins for a long time, or want a high level of control. My proposal: Let bitcoin.org host a signed (maybe via a provided hash) version of a monthly/yearly blockchain and distribute it via bit-torrent for fast downloads (maybe through http://burnbit.com ) What do you think?
Can I share my bitcoin node blockchain database with everyone via torrent?
I just get a pruned node up and running. The process was really long and frustrated. I figure if my friend want to install a pruned node like mine, he can just copy my whole blockchain database and install bitcoin core, then point it toward that database. Could his bitcoin node be legit? what the worst that could happen? If so, why don't we share blockchain database online using torrent site so that everyone can download it faster?
Actual Bitcoin blockchain have size 231.54 GB and located in two torrent seeds: Torrent blockchain.torrent (monthly update) contain: folder blockchain\blocks; files in folder blocks: blk00000.dat - blk01357.dat; rev00000.dat - rev01357.dat; torrent updated on the first day of each month; Torrent update.torrent (daily update) contain: folder blockchain\blocks\index; folder blockchain\chainstate ... The's no need to download a torrent containing the blockchain - the Bitcoin Core client is just as fast as using BitTorrent. This wasn't true in the past, but since a recent version implemented downloading headers and blocks in non-order, it's really similar to BitTorrent. I downloaded the entire bitcoiin blockchain into my external mounted drive as seen below and named the directory bcore. I then did a symlink to that folder like this in my home folder (~) location : ln -s /mnt/xxxx/bcore .bitcoin. I then ran .bitcoind, but I thought I downloaded the entire blockchain. How do I know if its just syncing with what ... BitTorrent Speed - ist der Name für die Integration von Bittorrent mit der Blockchain und dem Zahlungsmittel BTT oder TRX im Bittorrent Netzwerk. Hiermit wird die Grundlage geschaffen, dass jeder digitale Produkte schaffen kann und sie über dieses Netzwerk mit dem Zahlungsmittel BTT oder TRX verkaufen kann. Außerdem werden Anreize geschaffen, so dass Anbieter von Dateien für das Anbieten ... Whereas Blockchain prevents copying of information, Torrent, on the other hand, is all about copying the information. Another point of difference between Blockchain and BitTorrent is that in the case of the earlier, the information is never lost whereas, in case of BitTorrent, old torrent could lose all its seeders and disappear from the network so you cannot trace or track the data.