1 It is important, because a secure global infrastructure is needed.
2 The nodes enables the blockchain network to have such a high availability, because if one goes down there is a copy on all other nodes.
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Besides all reason exposed by other crypto students, if the blockchain is always available means it is stable, reliable and cannot be compromised. Also, keeps its function and utility for all its users. Otherwise, it’d be useless.
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Skin in the game.
The miners gain fees (money), if fees increase atracts more miners making the blockchain more secure. Miners are inventivaced to keep the network secure so their coins are worth, so they get richer and make more profit… and then those profits bring more miners and the wheel keeps spinning.
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- It is important to keep the network secure and stable.
- These networks are incentivized through mining. The more miners, the more secure the network.
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1- Because if a network stops working, the system will never stop working completely.
2- Because of mining; many people mining means that the network is secure.
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Why is it important for blockchain networks to be high availability networks?
Like you said it all about the money… we are living in a time where everything should be available at anytime. For defi and all other dapps to run you need a network which is running
24/7/365 it can n not stop -
What is it that enables blockchain networks to have such high availability?
There is always a back up system basically… when some part of the networks goes down for some reason others take over and continues to run.
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Good answer! Welcome to the forum! 
I reckon that high availability of any thing is a good thing specially a network which is crucial for data keeping.
Money makes the world go round and since miners are incentivized to keep the system running, more they run more they make. It pulls new user to jump in and start a mining operation which increase competition and availability along with it.
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@Alko89 The ledger is distributed across the globe between many end nodes. Blockchain miners gain rewards for ‘mining’ . If the number of miners diminishes the reward increases, which encourages other miners to mine. If too many miners take part the rewards goes down.Therefore the total number of miners, and therefore the stability of the network, becomes balanced at a natural equilibrium and ensures network availability at any time.
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It is importation blockchain networks to be high availability so they can continue to run 24/7 365.
They are able to be high availability because of mining if one computer stops another will join and this will keep the blockchain alive.
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- High availability is important so that the blockchain network is always secure and that transactions are always being verified.
- The incentive system from mining is what gives the btc network its high availability as the miners are always incentivized to keep the system running.
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[quote=“ivan, post:1, topic:8426”
- Why is it important for blockchain networks to be high availability networks?
If a portion of the network goes down other miners will begin to mine and it increases the network availability. - What is it that enables blockchain networks to have such high availability?
There is an incentive to make money by keeping the network running 24 hours a day 7 days a week.
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- To increase security.
- Mining.
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Our current financial system, the banking system, is not high availability, and the effect is felt through the long wait times and hassle experienced when moving money around, for example. Blockchain networks must be high availability if they are going to compete with the current financial system. Other applications, such as supply chain will also depend on quick, real-time access to information, thus high availability is of necessity.
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Blockchain networks are able to maintain high availability due to incentivized mining. If part of the network fails/goes offline, mining becomes more fruitful and incentivizes miners to come online. These incentives help maintain a kind of homeostasis that provides stability.
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- this gives those networks a significant advantage versus traditional centralized networks , they are operating 24/7 and this fact speeds up the development of the whole industry.
2)the 24/7 runtime ,the fact that is easy to join a network , the fact that blockchain is irreversible
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Why is it important for blockchain networks to be high availability networks?
It is important for blockchain networks to be high availability networks so that globally, everyone can have accessibility in a financial system that performs well for all use cases. It is also very important as other applications are also built on top of the blockchain.
What is it that enables blockchain networks to have such high availability?
Blockchain networks are enabled to have such high availability through financial incentives obtained by miners. The network is protected through mining. The more miners there are, security is increased, and when mining falls, then security drops and more people start mining again as it becomes more financially viable.
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Homework on High Availability - Questions
- Why is it important for blockchain networks to be high availability networks?
Answer: Accesibility, Security, Stability
- What is it that enables blockchain networks to have such high availability?
Answer: Mining incentives…Everybody wants to make money
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It is absolutely crucial to have blockchain networks available 24/7, because of the need of processing transactions, maintenance of transaction speed and network security.
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In my opinion, incentives are the main reason why blockchain networks have such a high availability. Nodes are encouraged to keep supporting blockchain networks due the fact that are rewarded for performing that task.
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They can last longer and can be running 24/7
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Mining. Mining makes more of the currency and people get more money
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- It’s the same as a central database. It must be available 24x7.
- The incentives to bring nodes in the air that keep the network available.
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Why is it important for blockchain networks to be high availability networks?
If a blockchain network goes offline, it means no transactions will be processed or verified. If the number of miners significantly drops, transactions will become easier to mine to incentivize the re-introduction of more miners.
What is it that enables blockchain networks to have such high availability?
A blockchain network is composed of many nodes. This means that if a single node goes offline, the network continues to function normally. The more nodes that exist within a blockchain network, the more reliable that network becomes.
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