I drew some criticism for my earlier article – , which I would like to address here.
Some of the arguments about securing the and Moore’s Law were:
- It’s about bandwidth, not transistor size
- It’s not about the cost or size of a HDD.
- When you have big blocks, the cost of running a node increases to the point that only miners can run a data centre size node.
While I can see why people think there is some merit to those claims, I’ll explain why with Moore’s Law; bandwidth is also improving, and how the cost and size of a hard drive IS relevant to securing the . I’ll also point out with Moore’s Law that we are still seeing improvements, as recently as the last week.
7nm, 5nm and 3nm processes..
As of September 2018, mass production of 7 nm devices has begun. —
The first mainstream 7nm mobile processor intended for mass market use, the , which was released during September 2018. While AMD is currently working on their workstation processors, which are based on the 7nm node and feature up to 64 cores.
The 5nm node was once assumed by some experts to be the end of , however in late 2017, IBM revealed that they had created 5nm chips, using silicon nanosheets in a gate-all-around configuration.
In 2018, that they plan to use Gate-All-Around (GAAFET) technology to produce 3nm FETs in 2021 — as a FinFet successor.
As well as this — Less than a week ago this was released.
Moore’s Law is alive and well, for now at least.
Bandwidth improvements..
We can look at empirical data — from Speedtest.net from the past 3 years to see how much bandwidth has improved from around the world.
We can see from the data that just like Moore’s Law, internet bandwidth (download/upload) as a by-product of improved networking technology has also improved. As infrastructure improves, internet speeds also improves, while bandwidth also becomes cheaper because more people have access to it.
tells us that in 2017:
- Average Download Rates were 40Mbp/s and improved 32% since 2016.
- Average Upload Rates were 19.96Mbp/s and improved 26% since 2016.
Moore’s Law isn’t about hard drive cost or size..
is the observation that the number of in a dense doubles about every two years.
That assertion is 100% Correct. However I included Hard Drives (Storage) because it relates to securing the because we need hard drive space to put the on while we secure the network and check that what we have is indeed correct with the previous blocks that have been produced on the / Cash networks.
Big blocks increase the cost of running a node to the point that only miners can run a data centre size node.
No. You can run a home user node on a budget for around $250, . Here is a node I compiled quickly on
You can set up a node with the following:
- 200GB of free disk space, 2GB RAM, Internet with >50kbp/s upload.
- An unmetered connection — Download usage is around 20 gigabytes a month, plus around an additional 130 gigabytes the first time you start your node. It’s common for full nodes on high-speed connections to use 200 gigabytes upload or more a month.
If you ARE a business and can afford a more expensive node..
with the capacity of VISA using a $2,000 computer containing 3x8TB hard drives in a single mid-tower case for a year, and the cost for the second year’s hardware would be less than $600 total. —
If you liked this article feel free to donate cash as I spend my own time researching to write these articles and compile/produce them.
bitcoincash:qpz29uxj0gtgmqgmyumjcwe6yj7wc7qlnvpzaktz99
Thanks,
Michael Nunzio
Published at Wed, 27 Feb 2019 14:01:15 +0000