Thursday, 30 July 2015

Why is Internet in Romania so damn fast, and what this suggests for the blocksize debate.


I watched this video from over at /r/Anarcho_capitalism and this got me thinking. In Romania an unlimited residential 1Gbps connection costs ~$15/month. Why shouldn't full nodes be running from Romania, Latvia or South Korea? (I know that VPS can be even cheaper and faster, but some argue that VPS full nodes are inferior to home connection full nodes).Some bitcoin devs suggest we increase the blocksize conservatively in line with the increase in bandwidth and internet speed in the US and most of the world, but it seems fairly clear that internet speed in the majority of the world is artificially suppressed by governments and monopolies. For eg. here in Sydney, Australia, I already cannot run a full node on my home connection due to the upload speed being capped at 1Mbps, despite paying over $50/month. Are we really doing right by the network if we make sure every raspberry pi on a home connection can run a full node? What about those poor bitcoiners in Cuba and North Korea? Should we wait for them to catch up, or rather for their governments to decide to break up their telco monopolies and join the free world?It seems incredibly unfair to most of the network to pursue this 'no country left behind' policy. Users in Cuba can already use SPV wallets, and if bitcoin operation becomes crucial, perhaps it will even motivate their leadership to improve their internet infrastructure.TL;DR Penalizing the entire bitcoin network to stay in line with the slowest, most oppressed countries is unfair and counterproductive. It may even motivate some countries to suppress their internet speed further. via /r/Bitcoin http://bit.ly/1SQ1IwD

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