Homework on High Availability - Questions

[Mauro]

@Cashflow101

1. Just like internet, it needs to be available 24/7/365

This is a great example. Good job, Jackie! Keep it up.

[cbrowder28]

1. the world does not sleep at one time, when I go to bed someone is getting up for work or for whatever reason. which means there needs to be an availability 24/7/365 for everyone around the world to have this network available to make their purchases.

2. blockchain is interconnected which means the information is always there and it never shuts down.

[Mauro]

@massam78

If the network was up sometimes when you went shopping it would be pretty much useless.

I assume you meant to say that if the network wasn’t up sometimes. Either way, great example.

[Mauro]

@Anna

1.To provide secure global infrastructure for everyone.

That and to make it accessible at all times. So both time and location aspect are very important when we talk about high availability.

[Mauro]

What a wonderful homework.

[Mauro]

@John_Okoye

High availability hastens block distribution

I don’t think its too important for blocks to be propagated fast when it comes to high availability. While its important that the block propagate as fast as possible, its important that the network is available everywhere in the world and is always up and running. No matter what day it is, or what time it is.

[Mauro]

@paul0

2. What is it that enables blockchain networks to have such high availability?
   Availability is provided by miners.
   Miners are incentivized to mine.
   Mining difficulty is automatically balanced: difficulty goes up when there are too many miners, goes down when there are too few.

A great way to answer the question. Everything is connected just as you said. I would say this is the most correct answer, I have seen so far. Keep it up, Paul.

[Mauro]

@welowy

1. It has to have high avaiblity to continue fast and sicure.

High availability does not increase the speed of a bitcoin blockchain. It does however make it more secure. The point is that the high availability gives us global usage and an always running network.

[uP_CadeiraMan]

Absolutely! In the corrupted world we live in, there can always be coordination due to a combination of incentives which doesn’t always have to be financial or perhaps it is, but not for very short term. Some groups/organizations can really manipulate markets because financial power is not a constraint.

[PAT22]

@ivan

• Why is it important for blockchain networks to be high availability networks?
• What is it that enables blockchain networks to have such high availability?

1. Networks have to be accessable 24/7 for worldwide usability.
2. Miners are incentivized and keep the network running to earn block rewards.

[Angelo_Canesso]

1. Blockchain are global networks that are accessed 24/7/365.
2. Nodes are incentivized. So, they mine.

[virgin]

1. Why is it important for blockchain networks to be high availability networks?
   A global network need to be up and running 24hrs non stopping( without interruption ).

2. what is it that enables blockchain networks to have such high availability?
   Incentivisation and offcourse everyone want to make money

[chakrit]

1. High availability network is need to ensure all public ledgers can verify anything happen (transaction) 24/7.
2. Incensivewise, encourage people to make money.

[nawab]

@ivan

• Why is it important for blockchain networks to be high availability networks?
• What is it that enables blockchain networks to have such high availability?

1. It is important that blockchain networks are highly available because they are the underlying technology of very important infrastructure which needs to be available to people all the time, such as bitcoin.

2. The financial incentives (mining) is what makes sure that there is always computers securing the network and making it available for people to use.

[yycshane]

1. It is important for blockchain networks to be high availability networks because of the constant validation requirements for new transactions.

2. What enables blockchain networks to have such availability are the financial incentives gained through mining.

[Joy_Harris]

1. So that it is accessible in a global economy. This is a huge selling point. Everyone is incentivized to keep it around. This is how we both protect the network and make money.
2. Mining. When a lot of people are mining network security is high.

[Rasselas_Wildcat]

1. Why is it important for blockchain networks to be high availability networks?
   Because transactions will not stop. People will continue to transact 24/7. Somebody somewhere in the world will be transacting at any given moment. So the blockchain cannot stop. And for the blockchain to stop, all the nodes have to stop, which is virtually impossible.
2. What is it that enables blockchain networks to have such high availability?
   The network. The network stretches around the world. The bitcoin network for example has a widespread network with nodes from japan to europe to north america to australia to africa. Literally everywhere.

[Samuel_Inclan]

1. always gives the service and incentives to those who participate everyone benefits.
2. economic incentives.

[kidsmoney]

trust some always has the light on. incentives

[ApolloCrypto88]

Why is it important for blockchain networks to be high availability networks?
What is it that enables blockchain networks to have such high availability?

its a 24/7 365 living market/network where anytime and anywhere segments can be verified.

high availability comes from the ability to be incentive for participating in the blockchain and mining.