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Topic: 20,000 transactions - New Bitcoin Network Record - page 2. (Read 3193 times)

legendary
Activity: 1862
Merit: 1114
WalletScrutiny.com
How many threads on the rising transaction count do we have to make?

I think there have been two or three addressing the recent spike. Seems reasonable to me. You're welcome to not make another one if they are bothering you.

As a passionate troll I felt tempted to follow that invitation Wink

I'm surprised to see people cheer for joy rather than to debate if SatoshiDice is a problem for Bitcoin. For me it seems unfair that the block size limits and resulting fees only compensate the miners that mine exactly those blocks while all miners ever after will have to deal with that pay load.

What do you mean by all miners ever after will have to deal with that pay load?

Thanks for the question. Thinking of it, big block chain is less of a miner's issue than a full client's issue. Considering that any kB of dust transactions not only needs to get verified by <5k miners (once per pool + solo miners) but also saved to millions of full clients (if we don't have millions now, all the data accumulating now will be downloaded at some point by all future clients) it is more an issue for those full clients especially in cases where bandwidth is an issue like full clients on the mobile phone.
legendary
Activity: 1008
Merit: 1000
How many threads on the rising transaction count do we have to make?

I think there have been two or three addressing the recent spike. Seems reasonable to me. You're welcome to not make another one if they are bothering you.

As a passionate troll I felt tempted to follow that invitation Wink

I'm surprised to see people cheer for joy rather than to debate if SatoshiDice is a problem for Bitcoin. For me it seems unfair that the block size limits and resulting fees only compensate the miners that mine exactly those blocks while all miners ever after will have to deal with that pay load.

What do you mean by all miners ever after will have to deal with that pay load?
legendary
Activity: 1862
Merit: 1114
WalletScrutiny.com
How many threads on the rising transaction count do we have to make?

I think there have been two or three addressing the recent spike. Seems reasonable to me. You're welcome to not make another one if they are bothering you.

As a passionate troll I felt tempted to follow that invitation Wink

I'm surprised to see people cheer for joy rather than to debate if SatoshiDice is a problem for Bitcoin. For me it seems unfair that the block size limits and resulting fees only compensate the miners that mine exactly those blocks while all miners ever after will have to deal with that pay load.
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
How many threads on the rising transaction count do we have to make?

I think there have been two or three addressing the recent spike. Seems reasonable to me. You're welcome to not make another one if they are bothering you.
hero member
Activity: 560
Merit: 501
How many threads on the rising transaction count do we have to make?
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
From SatoshiDice.com:

Quote
SatoshiDice is a subroutine of an advanced artificial intelligence, which arose spontaneously as one of the less-harmful consequences of the United States' quantitative easing monetary program. The system exists solely within the RAM of an abandoned Nokia 3310 mobile phone which was left in a subway station in Tokyo, and powers itself by feeding off the ghost of the late Satoshi Nakamoto (who was in fact a super hot 20 yr old female Japanese programmer and exotic animal collector). While the Intelligence decides on its next course of action, it runs this SatoshiDice subroutine. Some people ask why Bitcoin was really created... it was created by the Intelligence as an internet currency which enables free individuals around the world to play the SatoshiDice game. By playing, you are fulfilling the Intelligence's Grand Vision.

It seems the ghost of Satoshi has chosen now as the time to test transaction quantities on the network.
full member
Activity: 265
Merit: 100
4,060,983.90 BTC sent last 24 hours ?
legendary
Activity: 2506
Merit: 1010
As of time of this post, the total is 20,138.

Yup, and probably close to 100,000 transactions in the blockchain from Satoshi Dice already.  Table here:
 - https://bitcointalksearch.org/topic/m.887509
sr. member
Activity: 308
Merit: 250
Today, for the first time in Bitcoin History, the number of transactions in a 24 hour period has exceeded 20,000.

As of time of this post, the total is 20,138.

Pop the champagne  Cool

PS: Thanks SatoshiDice.
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