Linked Questions

2 votes
3 answers
1k views

If bitcoin is decentralized then who keeps track of computers in network

I keep hearing that bitcoin is decentralized i.e. no single entity owns it. And each computer which is part of bitcoin network keeps the copy of ledger. My question is who keeps track of all ...
0 votes
1 answer
111 views

General Block Chain questions / Js Block Chain [closed]

First of all. I'm very new to block chain technology so please forgive any noob questions. So I'm going a lot on the following tutorial on youtube regarding the knowledge that I do have other than ...
0 votes
1 answer
155 views

Where does the blockchain come from?

When I first download Bitcoin Core, and Synchronize with the network, where am I actually downloading the block chain from? The point of bitcoin is that there is no canonical source, yet I must get ...
10 votes
1 answer
6k views

How do Bitcoin nodes know where to send new transactions and blocks to?

I am researching Bitcoin; what I can't find much information on though is how the P2P network itself operates. For example, BitTorrent uses a DHT protocol that allows for node discovery and ...
3 votes
3 answers
2k views

How is Bitcoin truly decentralized?

Whenever Bitcoins are discussed, one generally reads how "Bitcoins are decentralized. No company nor state controls them". My question is, how is this statement true when you read about how Bitcoin ...
0 votes
1 answer
295 views

AWS ELB for Bitcoin node discovery?

I was able to locate the following discussion (and a few others that were marked duplicate of this one) on node discovery in Bitcoin: How do Bitcoin clients find each other? I guess, the primary ...
7 votes
1 answer
750 views

How peer discovery works after connecting to hardcoded nodes?

I am tinkering with the bitcoin source code and trying to understand the exact working of peer discovery mechanism in the testnet mode for which I have made the following changes: Disabled the DNS ...
0 votes
1 answer
189 views

When I make a transaction, how is it broadcasted to other clients? [duplicate]

It's a really nooby question, and with no doubt asked before, but if someone could tell me a)how are other clients found b)how is the information send to them (please explain in a simple way, ...
9 votes
1 answer
6k views

How do bitcoin nodes initially find peers? [duplicate]

In all materials related to bitcoin, the people talk about the p2p bitcoin network. OK, but there should be a central server that connects the peers to each one. Like the torrent sites. The torrents ...
5 votes
1 answer
4k views

How does bitcoin find peers? [duplicate]

I've seen a few questions about this already and they talk in generalities. I'm talking about specifics. If I start the bitcoin client from scratch, where in the source code does it actually add nodes....
2 votes
1 answer
148 views

How is the distributed transaction log stored in P2P network?

After mining, a block is validated and broadcasted by the miner. Then, where does this newly mined block get stored at? Where does my Bitcoin client pull the transaction data from?
0 votes
1 answer
262 views

How does bitcoind find p2p hosts? [duplicate]

I read the bitcoin references but I can't find a description regarding how bitcoin clients find other host in the p2p network. Would you please tell me?
7 votes
2 answers
6k views

How does a bitcoin transaction enter the network?

I am trying to understand Bitcoin at a more fundamental level. I'd like to know how a new transaction enters and propagates across the network? I've read many Bob and Alice type scenarios where it's ...
1 vote
1 answer
324 views

Where does bitcoin-qt try to connect to when running for the first time? [duplicate]

My question is, where does bitcoin-qt try to connect to when running for the first time? How does it know where to connect? Is blockchain.info some domain that has discovery services? If yes, then ...

15 30 50 per page
1
2