Thursday, November 2, 2017

Can Bitcoin Survive Nuclear War?

Technically, it could, so I guess the more appropriate question is, is anyone making sure it could?

The internet itself was meant to be robust from attack, and then businesses got a hold if it- now it isn't even clear how robust various parts of the internet are. There have been shutdowns, sometimes of whole countries, when this or that cable gets cut- accidentally or otherwise. The original idea was something more decentralized, and if one cable got cut, there'd be other ways to route the traffic. It is much less of a net than it was supposed to be.

So, bitcoin exists on top of this less robust than ideal internet, and then it follows the distribution of those actually interested enough to download the full ledger.

Turns out someone is trying to track this with a map.

I don't know if they've thought about the survival aspect of it. Their map does show the sort of clustering susceptible to nuclear attack.

If you view this from a network value perspective, and should we assume it just continues to climb higher, there should be an impetus to have full nodes in more out of the way places. There should also be more basic internet infrastructure work done, to remove chokepoints, and create the robust, decentralized structure that was intended. It will be interesting to see if how this is handled, or if it is actually handled at all, as Bitcoin continues to increase in value.

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