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Old Today, 05:53 PM   #19301
housenuts
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Re: Bitcoins - digital currency

Quote:
Originally Posted by Mat Cauthon View Post
If many people can't have access to a trusted full node, that jeopardizes the decentralization, integrity and trustlessness of the network. If it just becomes an oligarchy of the richest miners and nodes, then bitcoin has lost its reason for being.
There are about 5,000 nodes right now. Do you consider them all trusted? Do you think they won't be able to handle upwards of a 500gb chain?

It's very easy for a large number of 'trusted' people to run a large node. Sure people in 3rd world countries won't be able to but they aren't able to now. Nothing changes.
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