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Topic: 44% of the network already switched to 8M blocks (Read 3555 times)

legendary
Activity: 1937
Merit: 1001
I hope people realize a vote for 8mb isnt a vote for XT its a vote for core devs to update core.

True...
Is it known yet what the core devs are planning on doing with the blocksize? I probably totally missed this..
legendary
Activity: 910
Merit: 1000
I hope people realize a vote for 8mb isnt a vote for XT its a vote for core devs to update core.
legendary
Activity: 1120
Merit: 1000
Maybe most nodes are still syncing the blockchain? (for the ones that didn't run a full node before atleast and want to have a vote). I guess we will see a lot more XT nodes by the end of the week.

maybe a lot more non xt nodes too, if people that are against the change decide to vote too
legendary
Activity: 1512
Merit: 1012
Quote
Put another way, perfect is the enemy of the good.

i don't like this way ... a good thing is not a finished thing.
sr. member
Activity: 252
Merit: 250
so based on assumption and that reddit thread.

are we really going to move our blocks to be 8 mb, or is this more china just saying we have no choice kinda thing? outside from those mining pools, how isnt there any other mining pools that are just as big?
sr. member
Activity: 434
Merit: 250
IS there a website where we can look at the percentage of the network between QT and XT?

Are you referring to bitcoin nodes?  http://xtnodes.com/

Total nodes there is what ? the Bitcoin-qt nodes or all nodes including XT nodes with them

all nodes including XT nodes
sr. member
Activity: 353
Merit: 250
Zichain
IS there a website where we can look at the percentage of the network between QT and XT?

Are you referring to bitcoin nodes?  http://xtnodes.com/

Total nodes there is what ? the Bitcoin-qt nodes or all nodes including XT nodes with them
legendary
Activity: 1778
Merit: 1043
#Free market
IS there a website where we can look at the percentage of the network between QT and XT?

Are you referring to bitcoin nodes?  http://xtnodes.com/
legendary
Activity: 1120
Merit: 1000
https://cryptoworld.io
IS there a website where we can look at the percentage of the network between QT and XT?
legendary
Activity: 2576
Merit: 1087
I'm on AWS so I already have a cookbook that I use to deploy on OpsWorks. Which is probably overkill, but I like it Wink

https://github.com/sgbett/cryptonet-opsworks
sr. member
Activity: 434
Merit: 250
legendary
Activity: 2576
Merit: 1087
Well you aren't answering my main question which is Lightweight wallets , what is going to happen to those and why should I switch fast . I'am not using Bitcoin Core anymore anyway and the big question will I lose my BTC ?  Bitcoin XT bitcoins = Bitcoin Core bitcoins or not ?

As far as I understand Bitcoin core BTC are the same as XT BTC until XT pushes its first block larger than 1MB.  At that point XT BTC are different than core BTC.  Whichever chain grows faster becomes the valid chain and valid BTC.  Your SPV wallet compatibility depends on whether the SPV server you're using is using XT or core.

Don't spend your BTC on the XT chain.  If your SatoshiCoins are tainted with Gavincoins and you try to spend them, catastrophic consensus failure may occur, and you will lose them.

http://qntra.net/2015/01/the-hard-fork-missile-crisis/

That's old and outdated stuff, before Bitcoin-XT came out with its consensus protocol built in. This fork will occur only when over 75% of the network is already running a Bitcoin-XT node for more than 2 weeks, so by then there's already a big majority force behind the fork. The actual percentage at the time of the fork will probably be closer to 90% or more at this point since the undecided or unwilling minority will be heavily incentivized to switch over as well and go with the rest. Before this fork even actually happens everyone is already prepared for it, except a few die hard 1MB block lovers and some BTC haters who just want to stir the pot. Their fate at this point will have already been sealed though, and they know it so they are making a lot of noise now. So the above is basically just an attempt to scare people into not running a node like Bitcoin-XT so they won't ever reach the needed 75% for a fork in the first place. I've been sitting on the fence in this whole discussion until now, but I have to admit I'm now really considering running a Bitcoin-XT node myself and cast my own vote this way. I was already convinced we need bigger blocks, I've just been waiting for the whole discussion to flesh out a bit more in case I had overseen certain things.

You and me both. The more hyperbole I saw from the 1MB block crowd, the easier the decision got. Peter R's paper for me eliminates any reasonable doubt that remained.

For sure there are a lot of hypothetical edge case scenarios, but there always have been. No point icing the cake if its already gone bad.

I'm switching to XT today ready for the next release.
legendary
Activity: 1246
Merit: 1000
Well you aren't answering my main question which is Lightweight wallets , what is going to happen to those and why should I switch fast . I'am not using Bitcoin Core anymore anyway and the big question will I lose my BTC ?  Bitcoin XT bitcoins = Bitcoin Core bitcoins or not ?

As far as I understand Bitcoin core BTC are the same as XT BTC until XT pushes its first block larger than 1MB.  At that point XT BTC are different than core BTC.  Whichever chain grows faster becomes the valid chain and valid BTC.  Your SPV wallet compatibility depends on whether the SPV server you're using is using XT or core.

Don't spend your BTC on the XT chain.  If your SatoshiCoins are tainted with Gavincoins and you try to spend them, catastrophic consensus failure may occur, and you will lose them.

http://qntra.net/2015/01/the-hard-fork-missile-crisis/

That's old and outdated stuff, before Bitcoin-XT came out with its consensus protocol built in. This fork will occur only when over 75% of the network is already running a Bitcoin-XT node for more than 2 weeks, so by then there's already a big majority force behind the fork. The actual percentage at the time of the fork will probably be closer to 90% or more at this point since the undecided or unwilling minority will be heavily incentivized to switch over as well and go with the rest. Before this fork even actually happens everyone is already prepared for it, except a few die hard 1MB block lovers and some BTC haters who just want to stir the pot. Their fate at this point will have already been sealed though, and they know it so they are making a lot of noise now. So the above is basically just an attempt to scare people into not running a node like Bitcoin-XT so they won't ever reach the needed 75% for a fork in the first place. I've been sitting on the fence in this whole discussion until now, but I have to admit I'm now really considering running a Bitcoin-XT node myself and cast my own vote this way. I was already convinced we need bigger blocks, I've just been waiting for the whole discussion to flesh out a bit more in case I had overseen certain things.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Well you aren't answering my main question which is Lightweight wallets , what is going to happen to those and why should I switch fast . I'am not using Bitcoin Core anymore anyway and the big question will I lose my BTC ?  Bitcoin XT bitcoins = Bitcoin Core bitcoins or not ?

As far as I understand Bitcoin core BTC are the same as XT BTC until XT pushes its first block larger than 1MB.  At that point XT BTC are different than core BTC.  Whichever chain grows faster becomes the valid chain and valid BTC.  Your SPV wallet compatibility depends on whether the SPV server you're using is using XT or core.

Don't spend your BTC on the XT chain.  If your SatoshiCoins are tainted with Gavincoins and you try to spend them, catastrophic consensus failure may occur, and you will lose them.

http://qntra.net/2015/01/the-hard-fork-missile-crisis/

Quote
Unlike previous forks where political consensus was achieved, this fork is guaranteed to result in conflict – the Great Blockchain Civil War starts. MPEx and others will refuse to accept any outputs contained in the Giga-blockchain, MPEx will also begin to actively attack it:

    mircea_popescu: ben_vulpes if one block's large and the other small, all i need a tx that's included in the large block but not the small one. then doublespend it on the small one, which will be rejected necessarily by the large block blockchain

    mircea_popescu: now i have bitcoin separated in two addresses, one for each chain.

    mircea_popescu: the attempt may fail, but the cost to me of this failure is not significant, so i can keep on trying until it succeeds.

    mircea_popescu: the only way to guard against it is, obviously,for the ."large" chain to maintain 1:1 identity with the "small" one. because you don't just fork bitcoin.,

    ben_vulpes: i still fail to see how you're going to make a txn that gets included in the large block chain and not the small block chain.

    artifexd: ben_vulpes: You don't. You keep sending money to yourself until it happens.

    mircea_popescu: ben_vulpes what do you mean ? it necessarily will occur.

    mircea_popescu: since one contains more txn than the other by definition.

    mircea_popescu: suppose i make 50k 1btc txn. they don't fit in a 1mn block. they do fit in a 10mb block. what now ?

As the Giga-blockchain and main-blockchain continue to grow from the fork, those actively attacking the Giga-Blockchain will create many transactions that allow their main-blockchain coins to duplicate over to the Giga-blockchain while remaining safely on the main-blockchain. The transactions that succeed can then be used to acquire more main-blockchain coins upon which the cycle repeats. Eventually the blockchain with the most financial resources behind it will continue to grow at a faster pace, while the other slowly, and eventually stops growing altogether.

It will be impossible for the Giga-chain to keep 1:1 parity with the main chain from which it forks, they contain different transaction, although some may overlap
legendary
Activity: 1946
Merit: 1007
Maybe most nodes are still syncing the blockchain? (for the ones that didn't run a full node before atleast and want to have a vote). I guess we will see a lot more XT nodes by the end of the week.
sr. member
Activity: 434
Merit: 250
Didn't they already say that there would be no hardfork before 2016 anyway? I wouldn't worry too much, this is more like a voting round. The presidential seal will be switched months from now...

Yes

Requirements:

- date>2016
- consensus > 75%
- above two should remain for 2 weeks

Then bigger blocks are allowed.

There's one more requirement I believe before the hardfork would happen, and that's that the actual size of blocks should be >1MB. In this thread there's only a vote going on among miners, not a vote on supporting BitcoinXT and definitely not that 44% has already switched to 8M blocks. The OP is spreading lies on purpose to further his anti-BTC agenda, just like the others who agree with him.

Correct, but I think nobody's voting in this thread,  Grin would be pointless.

Only way to make an actual vote at this time that has any meaning is by actually upgrading to bitcoinXT protocol version 70010 (0.11A), all the rest is just meaningless.
legendary
Activity: 1246
Merit: 1000
Didn't they already say that there would be no hardfork before 2016 anyway? I wouldn't worry too much, this is more like a voting round. The presidential seal will be switched months from now...

Yes

Requirements:

- date>2016
- consensus > 75%
- above two should remain for 2 weeks

Then bigger blocks are allowed.

There's one more requirement I believe before the hardfork would happen, and that's that the actual size of blocks should be >1MB. In this thread there's only a vote going on among miners, not a vote on supporting BitcoinXT and definitely not that 44% has already switched to 8M blocks. The OP is spreading lies on purpose to further his anti-BTC agenda, just like the others who agree with him.
sr. member
Activity: 252
Merit: 250
After many miners discover that, they will just leave antpool

if we leave antpool, what other options are there..

I mean most of these miningpools is based on the chinas level of production. Last time I checked theres only a few players in the whole mining pool scene. Or are we forced to create our own to avoid the split.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
After many miners discover that, they will just leave antpool
legendary
Activity: 910
Merit: 1000
I think finally resolving the block size debate will cause a increase in price.
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