Thursday 3 September 2020

"What would happen to Bitcoin and by extension cryptocurrencies - if there was intermittent issues with Internet connectivity across the globe, with parts of the Internet segmented from each other for over a day?"


This question may be similar to the question that sparked it - I saw some of the replies, and the replies where like "The internet is designed to be resilient so it would never happen" - I would love to reply to those guys and tell them that yes - there are many dark zones of the internet, and we're not all connected to all of it all the time - the WEB in the other hand .... yes - we can pretty much access the same content, and the WEB is built on top of The Internet - So now with that out the way -- What would happen if there was intermittent issues with connectivity? Will everyone just 'catch up' ??Update: More SpecificsIn fact let me be a bit more specific - the northern hemisphere and the southern hemisphere suffer a network split, sort of like split brain scenario on a global scale -- Connectivity is still achieved locally, but routing request to resources only located in the other hemisphere are a no go - global redundancy for the most popular and powerful entities online mean that their services are unaffected from a consumer perspective - think netflix being in local locations, amazons 2 billion data centers etc etc, I'm sure there will be copies of the block chain on both sides of the split - each side thinking oh wow, we just lost 50% capacity - well, that's strange, lets carry on - Can the two sides reconcile once North and South reconnect? via /r/Bitcoin https://bit.ly/3lIqfKq

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