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Old 03-29-2013, 02:30 AM  
Vapid - BANNED FOR LIFE
Barterer
 
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Join Date: Aug 2004
Posts: 4,864
Quote:
How does the peer finding mechanism work?

Bitcoin finds peers primarily by forwarding peer announcements within its own network and each node saves a database of peers that it's aware of, for future use. In order to bootstrap this process Bitcoin needs a list of initial peers, these can be provided manually but normally it obtains them by querying a set of DNS domain names which have automatically updated lists, if that doesn't work it falls back to a built-in list which is updated from time to time in new versions of the software. There is also an IRC based mechanism but it is disabled by default.
https://en.bitcoin.it/wiki/FAQ
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