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Topic: 1MB block size forever is just silly - page 4. (Read 4292 times)

legendary
Activity: 1204
Merit: 1028
February 03, 2017, 12:00:47 PM
#50
I don't really know where else to go from that..   1MB will seem like 1KB soon enough.  What do..

 

No one said that they want 1 MB forever except a very small amount of people. Everyone in Core devs except one dev wants to raise the blocksize after segwit gets activated. Activate segwit in order to safely raise the blocksize. No segwit? no blocksize increase, blame miners and not Core devs.
legendary
Activity: 1792
Merit: 1283
February 03, 2017, 11:50:03 AM
#49
Sorry if this question has been answered before, I haven't read anything about it.

Do we actually have any idea who's behind these spam attacks and what their purpose is? Is it just to put pressure for bigger blocks?
legendary
Activity: 4424
Merit: 4794
February 03, 2017, 11:43:08 AM
#48
The security of the blockchain is king, without it the price will go to zero.

Which leads into the hesitation to change things it would seem. Logical but.. I stand by my title.. I offer no great solution just something like a linear increase in size so mores law dominates any linear increase but that isn't much of a suggestion.. All I know is 1MB in 2040 will just be overly silly.

with a GOOD dynamic block code. the NODES.. emphasis NODES flag what they can cope with. and then when a confident majority of nodes can cope with more bytes. the pools would then ease themselves into it and weigh up the orphan risk as they test the water by making small steps BELOW the new acceptable limit ensuring little to no orphan risk for their attempts
legendary
Activity: 1722
Merit: 1000
February 03, 2017, 10:38:51 AM
#47
Bitcoin price continues to increase and that is what matters, the system is stable although not very reliable because one can never know when a transaction will be confirmed, if more transactions are important people can use some other coin like litecoin.

As far as investment goes, bitcoin is perfect as it is...

The security of the blockchain is king, without it the price will go to zero.

Which leads into the hesitation to change things it would seem. Logical but.. I stand by my title.. I offer no great solution just something like a linear increase in size so mores law dominates any linear increase but that isn't much of a suggestion.. All I know is 1MB in 2040 will just be overly silly.
legendary
Activity: 2786
Merit: 1031
February 03, 2017, 10:29:48 AM
#46
Bitcoin price continues to increase and that is what matters, the system is stable although not very reliable because one can never know when a transaction will be confirmed, if more transactions are important people can use some other coin like litecoin.

As far as investment goes, bitcoin is perfect as it is...
legendary
Activity: 1092
Merit: 1000
February 03, 2017, 08:06:51 AM
#45
@Franky1

In some versions of PoS, we use coin age.

It sounds like what you want to add to the BTC transaction priority calculations is Transaction Age.

Older a Transaction gets the higher its priority to be entered into a PoW Block.
That would help if they implemented it.

or

they could just go back to a first come first served transaction policy, and charge everyone a flat fee based on the amount.
(But That's not going to happen.)


 Cool
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
February 03, 2017, 08:02:23 AM
#44
have you even seen the recent spam attacks sizes?
there was time before when they did all 0.0001BTC with small fee attacks. right now they are doing random sizes with random amounts and high fees virtually undetectable by code. but they have been found.

So in other words, they are now sending the amounts and paying fees as high as everyone else.

yes and even more fees as they plan on getting confirmation and then spend again so they need faster transactions so they include higher fees.

Quote
BTC community is really pathetic , just increase the blocksize or increase the fees.

it is not the community, it is a group of assholes probably getting paid to do it. and it is possibly because of block size debate.
i am more interested to know which side is responsible

Quote
However increasing the fees makes the alts more attractive.
Sorry ass Dev Team, BTC has there, this problem has only been getting worse while they do nothing except trying to sell LN as a replacement.

lol nice joke.
legendary
Activity: 1092
Merit: 1000
February 03, 2017, 07:51:33 AM
#43
have you even seen the recent spam attacks sizes?
there was time before when they did all 0.0001BTC with small fee attacks. right now they are doing random sizes with random amounts and high fees virtually undetectable by code. but they have been found.

So in other words, they are now sending the amounts and paying fees as high as everyone else.

BTC community is really pathetic , just increase the blocksize or increase the fees.
However increasing the fees makes the alts more attractive.
Sorry ass Dev Team, BTC has there, this problem has only been getting worse while they do nothing except trying to sell LN as a replacement.

 Cool



legendary
Activity: 4424
Merit: 4794
February 03, 2017, 07:46:52 AM
#42
this is about the "spam" cries. and a way to solve it using CODE. not fee's


though there are spam attacks. we need to truly stop using a umbrella term, in regards to calling lots of different types of transactions "spam".
for me i consider BLOATED transactions that spend funds EVERY block an obvious spam attack.
yet others treat simply spending less than 0.1btc a spam attack.(facepalm)

in a world outside of america/europe. 0.01btc for instance can be a weeks wage and 0.001btc can be multiple hours of labour.
for the unbanked developing countries we should not be considering something spam, purely on the basis of how much is spent, but on bloated transactions and transactions that are spent too frequently outside what appears normal spending behaviour.



bitcoins 'priority' calculation are no longer appropriate, many pools dont even use it anymore.
the calculation of:
(value *age) / size. does not help anyone. because someone with 1000btc can respend multiple times an hour fee free. but someone with only 0.Xbtc has to wait weeks or pay a premium. victimising the poorer nations effectively
thus it only makes it a calculation beneficial for the rich.
the 'priority' calculation needs to change to be more about bloat and age. and not about value.



eg knowing that the blocksize limits how much data is allowed. a new calculation needs to have considerations of making there be a points system for blocksize vs tx size. more so then making the value the consideration changer
 so that the leaner the tx size is, the more points are rewarded. which when blocksizes increases. would make the leaner transactions earn more points for staying lean.

EG
(blocksize/tx size)*age

txsize      blocksize   age         result   
226         1000000   1            4425      10min
226         1000000   6            26549     1 hour
226         1000000   46          203540    7h 40min
450         1000000   1            2222      10min
450         1000000   6            13333     1 hour
450         1000000   90          200000    15h
100,000   1000000   1            10          10min
100,000   1000000   6            60          1 hour
100,000   1000000   144         1440      16h 40min
100,000   1000000   20160      201600   5months

imagining where the priority target was 200,000
this means if super lean you can spend funds every 7 hours with priority. but being bloated (100k blocks) you have to wait months.
this then makes bloated transactions PAY MORE to make up for the missing points.



it also means that rich spammer cannot bypass it by just moving a larger reserve for free.
ofcourse my example can include extra variables. such as if people voluntarily put in a CLTV maturity of X blocks to show they wont respend for atleast X blocks (because CLTV prevents it) they can gain extra points too

EG
((blocksize/tx size)*age)*CLTV confirms.
=((1000000/226)*6)*6      159292
=((1000000/226)*6)*7      185840
=((1000000/226)*6)*8      212389

which is an example of someone who naturally may want to spend every couple hours. where their funds are only an hour old.
226         1000000   6            26549     1 hour
dont have to wait >6 more hours
226         1000000   46          203540    7h 40min
they can just voluntarily tell the network they are happy to lock themselves into a 1hour 20minute maturity after the respend.
=((1000000/226)*6)*8      212389
to get priority.

meaning if you volunteer that you are not going to respend those funds for 8+ confirms. you get priority. which mitigates the respend every block true spam. because this calculation averages a 2-3 hour respend acceptable natural human timescale.

it also helps by giving users an option to say it needs to be accepted sooner.(a true "hey guys i really need this to go through, but accept the punishment for this need) making the wait PRIOR to confirm less, by making the waiting time AFTER confirm, more. thus a way to show the network who actually NEEDS priority the most

though a bloat spammer can just put a mega long CLTV on a bloated tx to gain priority for their first tx, they atleast once confirmed the funds wont be respent fast due to the CLTV maturity needing to be met
(no matter what the priority is of the second attempt, CLTV prevents respends until mature)

it makes it so that if you want to spend sooner (imagine its not maturity locked first) the sooner you want to spend the longer you have to wait to respend AFTER confirm. thus solving the wait for confirm 'trust' people getting paid dilemma
EG
if matured funds are only aged 3 blocks instead of 6. you have to volunteer not being able to re-spend then for 16 blocks instead of 8
=((1000000/226)*3)*14   185840
=((1000000/226)*3)*15   199115
=((1000000/226)*3)*16   212389

so that the faster you want to spend(after maturity) the longer you cant respend the second time. thus effectively stopping a spammer spending every block because they end up waiting atleast 2 hours before conditions are met



though my calculation is not perfect for every instance of utility. i think that usual / natural spending behaviour of only buying things once every couple hours is normal.. and mitigating the spend every 10 minute intentional spam.
for those wanting to bypass this because they GENUINELY need to spend every 10 minutes.. (not intention spam, but a niche need)
such as the small niche of day traders/faucet raiders/gamblers
they can use the niche market commercial LN service VOLUNTARILY to get their many spends an hour.

thus having an equal balance of people that only spend lets say once a week that dont need LN can happily spend onchain. but those that do need many spends an hour can use LN... natural balance is restored

im sure someone can be inspired by my idea of changing the priority calculation. by adding in or using variables in a different format to achieve something better then my example calculation formula.. and way way better than the current priority formulae
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
February 03, 2017, 07:44:20 AM
#41
Satoshi never thought bitcoin can be so huge on users and market cap, therefore he designed only for 1MB.
Before you make up stuff, please read what satoshi himself says about this:
Quote
It can be phased in, like:

if (blocknumber > 115000)
    maxblocksize = largerlimit

We have 4 times more blocks by now, and it's still not implemented.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
February 03, 2017, 07:37:14 AM
#40
8MB could last for a few years before needing to worry about it again.

8MB will "work" until someone wants to enforce a change again and pays for the "stress test".


LTC fixed the spam issue in 2015.
There is nothing stopping BTC from using the same type of fix.

https://cointelegraph.com/news/litecoin-shows-there-is-a-simple-fix-for-spam-attacks-on-bitcoin

Quote
CT: Can you explain why Litecoin is ‘immune’ to the spam attack?

CL: The fix implemented in Litecoin is just to charge the sender a fee for each tiny output he creates. For example, in this specific attack, the sender is charged one fee for sending to 34 tiny outputs of 0.00001 BTC. With the fix, that fee would be 34 times as much. So it would cost the attacker a lot more to perform the spam attack. The concept is fairly simple: the sender should pay for each tiny output he/she creates.

have you even seen the recent spam attacks sizes?
there was time before when they did all 0.0001BTC with small fee attacks. right now they are doing random sizes with random amounts and high fees virtually undetectable by code. but they have been found.
hero member
Activity: 994
Merit: 544
February 03, 2017, 07:34:45 AM
#39
At the point where nearly all non-miners want to enable a feature but a few miners are blocking this change, it makes sense for the users to not relay new blocks that prevent the change.


Chinese Miners already agreed to a blocksize increase up to 8 Megabyte.
BTC core is the one refusing to update the blocksize and
are instead trying to force everyone to accept segwit & LN, an OFFCHAIN version (which is no better than using a bank.)


 Cool




They just wanted more profits so thats why they declined to the increase of 8 megabytes blockzise. Probably btc core has internal links with segwit, LN and offchain versions. I just dont understand why they wanted to make bitcoins more complicated, if it is possible to just increased the blocksize to  8 mb without resorting to other measures then its the best choice.
legendary
Activity: 1092
Merit: 1000
February 03, 2017, 06:04:39 AM
#38
8MB could last for a few years before needing to worry about it again.

8MB will "work" until someone wants to enforce a change again and pays for the "stress test".


LTC fixed the spam issue in 2015.
There is nothing stopping BTC from using the same type of fix.

https://cointelegraph.com/news/litecoin-shows-there-is-a-simple-fix-for-spam-attacks-on-bitcoin

Quote
CT: Can you explain why Litecoin is ‘immune’ to the spam attack?

CL: The fix implemented in Litecoin is just to charge the sender a fee for each tiny output he creates. For example, in this specific attack, the sender is charged one fee for sending to 34 tiny outputs of 0.00001 BTC. With the fix, that fee would be 34 times as much. So it would cost the attacker a lot more to perform the spam attack. The concept is fairly simple: the sender should pay for each tiny output he/she creates.


 Cool
legendary
Activity: 2730
Merit: 1263
February 03, 2017, 06:01:11 AM
#37
8MB could last for a few years before needing to worry about it again.

8MB will "work" until someone wants to enforce a change again and pays for the "stress test".
legendary
Activity: 1092
Merit: 1000
February 03, 2017, 05:46:11 AM
#36

The Chinese are 68% of the miners dum dum.
Hard fork could happen tomorrow with no problems.

 Cool

not all Chinese support unlim

If BTC core released an update to an 8MB blocksize , all of the Chinese Miners would update, and the rest would have to follow or get left behind.

Unlimited is higher than 8MB, and some of the Chinese miners don't want to go higher than 8mb, because they are concerned the Chinese internet infrastructure can't handle more than 8mb.

8MB could last for a few years before needing to worry about it again.
(When your house is on fire, you don't order a sprinkler system, you get as much water as possible and put out the damn fire.)
(BTC house has been burning for a few months now.)


 Cool
hero member
Activity: 728
Merit: 500
February 03, 2017, 05:29:23 AM
#35
Your concern is good, Satoshi never thought bitcoin can be so huge on users and market cap, therefore he designed only for 1MB. 1MB is too small since nowadays there are more and more unconfirmed transactions, 2MB or bigger block is imminent to be updated, personally I support SegWit, hope it will be updated asap.
legendary
Activity: 2730
Merit: 1263
February 03, 2017, 05:24:03 AM
#34
Chinese Miners already agreed to a blocksize increase up to 8 Megabyte.
Only minority of miners agreed with blocksize increase. majority stick to segwit
The Chinese are ~68% of the miners dum dum.
Hard fork could happen tomorrow with no problems.

 Cool

As I already wrote, I see this as the best solution. Those 3-4 miners fork into a new coin. The rest continues with the current Bitcoin system. Win-Win - everybody gets what he wants!
newbie
Activity: 32
Merit: 0
February 03, 2017, 05:11:18 AM
#33

The Chinese are 68% of the miners dum dum.
Hard fork could happen tomorrow with no problems.

 Cool

not all Chinese support unlim
legendary
Activity: 1092
Merit: 1000
February 03, 2017, 05:07:32 AM
#32

Chinese Miners already agreed to a blocksize increase up to 8 Megabyte.
Only minority of miners agreed with blocksize increase. majority stick to segwit

The Chinese are ~68% of the miners dum dum.
Hard fork could happen tomorrow with no problems.

 Cool



newbie
Activity: 32
Merit: 0
February 03, 2017, 04:58:42 AM
#31

Chinese Miners already agreed to a blocksize increase up to 8 Megabyte.
Only minority of miners agreed with blocksize increase. majority stick to segwit
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