Altcoins

Bitcoin Miner vs Total Node – Programmer clarifies





Ivan on Tech video clip

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40 comments

  1. Heey, I dont have lipstick, it's color correction in the video ❤️😂

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  2. Hahaha, I was just going to ask what shade of lipstick he was wearing……

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  3. Please take on an American accent if you speak english. This is bruTAL.

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  4. LIPSTICK. REALLY? thats gross.

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  5. get to the point

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  6. Nice Explanation Ivan 🙂

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  7. really clear explanation, thank you!

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  8. Very informative video!

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  9. This is the biggest reason why I'm sure that Bitcoin won't succeed. Bitcoin won't be a common currency until it is easier to use than credit cards. That won't happen until transactions are as fast as credit card transactions. In order for transactions to be fast there must be more full nodes. But why would you run a full node? It's a huge money investment, and unlike mining, full nodes are not rewarded with bitcoin. So there's no economic incentive to do it. Full noders just node because they want to support the network. That's not a good enough incentive. Until this problem is fixed, crypto will fail to replace fiat.

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  10. Руские субтитры било б супер…

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  11. Skip to 1:50 for the beginning of the explanation

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  12. Haha, I just watche this video. It was awesome info, Dankashan. But the comment abouy lipstick was pricless. LOL

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  13. Hey mate nice video, is a full node and a master node different? Thanks!

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  14. 1:47 Save time.

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  15. VIDEO STARTS AT 1:50

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  16. What are reachable and unreachable nodes please explain?

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  17. Video starts @ 1:56

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  18. Thank u Ivan, very cool

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  19. Video starts in 1:50 min

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  20. Please sir, explain the code of blockchain validation.

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  21. move to california 🙂

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  22. Hai Ivan , I am very new to blockchain . I want to know , how to add nodes to public blockchain network and as well as private blockchain network . If you explain me that in a video , it is more appreciated . Thanks in advance

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  23. can you explain about side chain, off chain and on chain in block chain ?

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  24. Great video
    Questiones:
    Does a miner always have to be a master node as well? So every miner is keeping a full copy of the blockchain??
    Or could a minor just broadcast his results to all the master nodes on the network??
    Also if the blockchain is storing every change all the way back to its Inception that would seem like a massive file!!
    Do you have any idea how big the Bitcoin and Ethereum blockchain are in terms of memory? Just curious.

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  25. Ivan, you look a bit like David Bowie.

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  26. so whats the economic incentive for running a full node but not mining?

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  27. Is a full node a master node ?

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  28. What's with the lipstick?

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  29. Thank you very much Ivan. Can we Know how many full nodes and miners are there now inside the bitcoin main net? Some graphic map or something to consult?

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  30. Hi, i have some questions:
    Do the miners validate also the transactions ?
    Should the transaction spread across the network until it reaches all nodes?
    Do the nodes conserve the same mempool ?
    Do minors keep a copy of the mempool?
    which incite nodes to validate transactions?

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  31. what do you think of people purposefully sabatoging the trust with bad confirmations? Is this a fear of said blockchain community that someone purposefully devalues the the coins to either personally gain by being able to purchase at a lower price or simply having another blockchain entering the space and wanting to be the bigger profiter?

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  32. Hey Ivan is full node same as masternode do they do the same work??? Thanks

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  33. I mine ethereum and zcash. I use nicehash and SMOS linked into dwarfpool. We receive NO blockchain rewards. Please let use know which pools we should be a part of if we want to reap the rewards. I'm still a beginner that knows nicehash and dwarfpool are not the best mining outlets. Thanks in advance.

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  34. thanks for explaining that , its the first 1 of your vids ive seen and i have subscribed

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  35. WTF, lot of crap instead of content

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  36. Miners also get the transaction fees, right? which are not much but it still is double reward. I believe fees should go to those who run full nodes, while miners get rewarded just for the mining process…

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  37. Nice Presentation Mr. Ivan I have a question about full node vs lite node. What if full node/nodes are not trusted for, example if 51% of the hashing power is controlled by an attacker and trick the lite nodes that has a longest chains or his blocks created is the longest in the blockchain network after-all can take advantage to double spend the coin? Since lite node can't get access to full blockchain only (Headers of the blocks). Hope my point is clear… Thank you very much.

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  38. the whole system does not have incentive to create fraudulent transactions, yet single players still have incentives to game the system

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  39. Does he have makeup on ?

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  40. neo

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