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Why is it important for blockchain networks to be high availability networks?
Blockchain is a global network and needs high availability to ensure a secure
network at all times globally. -
What is it that enables blockchain networks to have such high availability?
Because everybody wants to earn money and are incentivized to do so, i.e. mining.
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It was down 2 times actually. This happened in the early days, while bitcoin was still young. 
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Ok, thanks 
An uptime of 99.985% is insane tho. 7 years ago since it was down.I will check next time I claim something that turns out isnāt true.
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No worries. The up time of bitcoin is great. I feel like we are at a point where it just canāt temporarily go down.
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Having high availability of blockchain networks adds to the security of those networks and in turn higher participation and trust.
Blockchains are able to have such high availability through incentivizing participation to maintain security of the network through rewards.
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- In a high availability network like that, anyone can transfer money, trace a package make any action at any time around the world. This brings to a more secure network indeed because is constantly verified by at any hour of the day.
- Incentives keep the āmachineā always active. Blockchain is also run by computer that can easily work all day long. And at the end this one of the biggest value brings by blockchain instead of any third entity.
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Because everyone is incentivized to keep it alive. Everyone is commited to keep the network alive, because everyone wants to make money.
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Miners
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It allows access to the databas at all times
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Itās important for the networks to have high availability because transactions need to take place 24/7/365.
Blockchain networks are enabled to have such high availability because miners keep the network running. With less miners, mining because easier which incentives more miners to come online. With a decentralized network, these miners can constantly keep the network running.
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- Everyone wants to have a network which is 24/7 available. No closed times as in traditional spaceā¦
- Miners are incentivized to mine, that enables also the availability.
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- Why is it important for blockchain networks to be high availability networks?
Who is going to trust their business, their information, their livelihood, their financial future, to a network or system, any network or system, that constantly fails or goes offline? NOBODY!
- What is it that enables blockchain networks to have such high availability?
Blockchain networks achieve high availability through decentralized copies of the ledger among many participants who are incentivized to keep their part of the network up and functioning properly. Even if parts of the network are cut off or go down for whatever reason there are many other new and existing participants to keep the decentralize ledger up to date.
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- Why is it important for blockchain networks to be high availability networks?
Because itās a global network and users expect 24/7/365 availability for all their services
- What is it that enables blockchain networks to have such high availability?
Incentives for miners (Self regulated with Mining difficulty adjustmens)
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Why is it important for blockchain networks to be high availability networks?
Because this is absolutely important for an efficient global financial system. Also, businesses and other users may continuously and consistently need data and information. -
What is it that enables blockchain networks to have such high availability?
Many different miners and nodes are operational all over the world because they are all incentivized to mine.
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Itās important for blockchain to be a high availability network because it is a global network that needs to be accessed for constant interactions .
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Blockchain has such high availability because the miners are incentivized to keep it going . When there are less miners difficulty decreases and new miners take their place .
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So that it is reliable at all all times.
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Participation from the community through incentives.
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Why is it important for blockchain networks to be high availability networks?
It is a lone network. It has never been a client. No other network has ever performed as well. And it can be used for unlimited applications and possibilities. Also, keeping it highly available maintains a high level of security. -
What is it that enables blockchain networks to have such high availability?
Incentives through mining. Mining helps people make money.
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- Why is it important for blockchain networks to be high availability networks?
You must have 24/7 infrastructure (computers) in place. Mining is used to protect the network and allows people to make money. Since you can make money mining, it will incentive the network to maintain high availability.
2, What is it that enables blockchain networks to have such high availability?
Everyone is looking to make money (incentive) by mining. This maintains the network to say alive and functional.
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- Because it is important to be accessible 24/7/365. This way it increases the level of reliability of the system as well as making it totally global network that is not depend on any timezone or any time-related restriction/rule or limitation. Blockchain practically is never off.
- Miners that are supporting the the network 24/7/365 and obtaining the an economic reward for their work.
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- Because, to access to finances are basic human necessity. Machines also, have to access the network any time --, like self-driving cars.
- The decentralized minors, the underlaying Internet protocol make it public and easily accessible to people over their phones or other technical means.
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So they are available 24/7 people can use them to operate anytime globally.
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Financial incentives to operate the network, If many people leave the network the financial incentives become easier to achieve so it will attractive others to join.
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