it’s important for blockchain to be high availability because its a worldwide network, when it’s night in one country it is day in other, so it cant be down anytime beyond its use case.
because you can’t turn off the all network, if you turn off a part of it, other will take that place cause the incentives that they will earn mining.
blockchain network is the foundation of many mission critical application, such as crypto currency exchange, and smart contracts. Its important for the network to be reliable and always available.
blockchain networks comprised of decentralized network of nodes that are mining the blockchain data. And minors are incentivized financially to be and and running at all time.
It is important for blockchain networks to have high availability as it consistently helps to increase the other benefits of blockchain; security, immutability, consensus, tracking and provenance etc. It also means that more people can participate in the network.
People are incentivized to keep the network going, this is what enables it to have such high availability.
On another note, the stock markets and other traditional financial institutions are soooo slow! They close on weekends and public holidays, they have business hours only during the day…what if I have urgent business I need to conduct that requires these services…too bad, gotta wait till they open ahaha!
Blockchain and crypto are 24/7/365 baby!
Why is it important for blockchain networks to be high availability networks?
Because the things built on top of blockchains need to run consistently and uninterrupted with extreme precision.
What is it that enables blockchain networks to have such high availability?
“Incentives” offered to nodes running the blockchain.
1. Why is it important for blockchain networks to be high availability networks?
Blockchain is an open ledger technology, accessible to anyone with a computer or smartphone (as well as an internet connection) worldwide - due to differences in time zones, and the need for users to transact with each other irregardless of their location, the network has to be accessible and operational at all times.
Setting up cryptocurrency mining operations and staking pools (as well as performing financial transactions) requires network participants to invest their hard-earned income into the network, so being able to access and move their funds at any moment is crucial for giving them confidence that the technology is reliable and safe to use.
2. What is it that enables blockchain networks to have such high availability?
As long as there are computers running nodes on the network, the protocols that communicate data between them run 24/7, 365 days a year. These nodes are spread around the world, depending on where the users are located - this decentralised infrastructure protects the network from service disruption otherwise caused by localised outages.
Bitcoin and other similar blockchain networks take advantage of the almost universal human desire to make money, to incentivise users to mine transactions with their computers, for which they are rewarded in cryptocurrency. If a portion of the miners ceases activity on the network (lowering the mining difficulty), other miners will take their place, as there is a greater opportunity for financial returns due to their being less competition for mineable blocks on the network.
Blockchain’s streamlined solutions to all-year-round availability are a significant selling point for the technology, making it very attractive for businesses that want to operate on a global scale, with minimal friction caused by crossing borders and restrictive financial regulations.
Everyone is financially incentivised to keep the network going, the more people that are mining, the higher the security.
It’s always online 24/7/365, incentives.
Homework on High Availability - Questions
Because of mining and security? Not sure. But mini g increases security. If mining decreases then mining becomes easier.
Why is it important for blockchain networks to be high availability networks?
The network Must be available 24/7/365, or the network is useless for Global Applications.
What is it that enables blockchain networks to have such high availability?
Incentives, through mining.
[quote=“ivan, post:1, topic:8426”]
Why is it important for blockchain networks to be high availability networks?
Ensures that motivations are financial and mathematical. Increases security without other incentives.
What is it that enables blockchain networks to have such high availability?
[/quote] Incentives and increasing difficulty. Best performing make the most.
because you need to access your money at all times incase what happens happens! which is why we are in CRYPTO to not be victims, I’m. new but I believe so much in digital currency I can’t wait to be on IVAN’S LEVEL! 
the fact that it is decentralised and digital is the future and we will be part of History of of the financial change over 
Miners and their incentive to earn money 
2.global protocols and nodes enable blockchain networks to have high availiabitly.
1.Why is it important for blockchain networks to be high availability networks?
because its security is provided this way and by the way availability is a requirement for a global network
2.What is it that enables blockchain networks to have such high availability?
mining
because it makes a balance and stability by being incentive
To compete, the networks have to be available and reliable, all the time.
Basically mining, if one computer fails another takes over, keeping the consistency.
High availability is important as it allows the network to run 24/7. This means that blockchain is a viable solution for businesses that need 24/7 access network such as the financial markets.
Incentives for all network participants (nodes) are what give the blockchain high availability. If the blockchain network uses the pow method, when mining is high it is harder to gain financial rewards for participating in the network. When it is low it is easier. These financial incentives are what give blockchain the high availability feature.