Why is it important for blockchain networks to be high availability networks?
- Blockchain networks are global networks so in order to be accessible for everyone, it needs to be available 24 h/d 7 d/w 365 d/y
What is it that enables blockchain networks to have such high availability?
- mining protects the network
- incentive to protect the network and keep it alive because the universal need and want to make money
- network stays alive by difficulty of mining (going up, down, or stabilizing) when less or more people (computers) start to mine