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Topic: [ANN] [BSV] [Bitcoin SV] Original Satoshi Vision - page 39. (Read 226361 times)

legendary
Activity: 1267
Merit: 1000
Why isn't the MSM all over this trial?
Guess it doesn't support the narrative.
A shitestorm is definitely brewing that could melt some BIG faces.

Edit: now mainstream, biased as expected

https://www.wsj.com/articles/bitcoin-creator-satoshi-nakamoto-could-be-unmasked-at-florida-trial-11636808401?st=e8w4lmaq2kuybbe&reflink=desktopwebshare_permalink

Bitcoin Creator Satoshi Nakamoto Could Be Unmasked at Florida Trial
Lawsuit over a $64 billion cache looks beyond the pseudonym to solve the mystery of who created the cryptocurrency
full member
Activity: 626
Merit: 234
The short & easy courses designed by #blockchain professionals and distinguished academics at the #BSV Academy is the best way to get introduced to #Bitcoin technology.



https://twitter.com/BitcoinAssn/status/1459159419879628805
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
full member
Activity: 626
Merit: 234
Join Dr Craig S Wright, Chief Scientist at @nChainGlobal and @Shadders333, the CTO of nChain as they talk about the original #Bitcoin whitepepaper at the Chinese-language #Blockchain DevCon in Shanghai and online on November 13.



https://twitter.com/BitcoinAssn/status/1458773562794389504
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
full member
Activity: 626
Merit: 234
Sorry for the silence. There were minor disagreements in our team. At the moment, a technical compromise has been reached about the future development of our project

The BSV market is recovering
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
Bitcoin not banned in China?

https://bsvdevcon.net/upcoming-devcons/bitcoin-sv-devcon-china-2021


Hmmm, maybe cs it's not crypto...
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
How decentralized is mining in btc in terms of

Companies

Juristiction / countries

Key devs? (Can change things, cause have 'keys' to

Such code repos for miners to usually download from

Social forums to organize such changes
full member
Activity: 626
Merit: 234
This network is doomed
We prefer to say: temporary more centralized

Only 115 nodes and falling
The main nodes are ok

This is very serious for bsvtards
Calm down kid. Protocol update is coming soon

BSV: the never ending halving relative to BTC purchase power. It has - again - halved over the last 6 months.
Blah blah blah. One of our main goals is minimization of transaction costs (like at BCH)

full member
Activity: 626
Merit: 234
Nodes on VPNs might rly struggle with disk space, as most of them have SSDs and SSD storage is not very cheap. Do you have noticed some nodes not being online anymore or is the network fine?
Below are the recommended system requirements based on our internal testing and scaling progress, made with bitcoind node software. Bitcoin SV will continue to scale on the road to, and beyond genesis. This will also mean these requirements should be expected to change as time goes on.

We have seen the above configuration in both mining and listener environments handle sequential 2GB block sizes and blocks with transaction counts exceeding 1 million transactions on the ​STN​ (using the additional recommendations below). This may vary as your individual demand scales up with your specific environment, application or use case.
If you are a Miner, it is also advisable you spend time ensuring your nodes have the highest possible connectivity with other miners.

With the increasing adoption of Bitcoin SV the transaction volume continues to rise. With the explosive use of data transactions (op_returns), it is possible your Bitcoin SV node will not be able to handle the volume of traffic reaching your mempool or be inundated with computationally heavy requests. As a result, the node will drop transactions to allow higher fee-paying ones in, increasing computation at a later point, or worse, cease to function.

Whilst this is not how Bitcoin SV is intended to work, it is what we have to deal with for the short term while the SV Node teams focus on higher priority tasks which have a greater impact on scaling.

A solution is, to increase these following values from their defaults is to allow the node to remain efficient under high load situations. These situations include reorgs, which require the node to go back and reconsider transactions or blocks it has most probably already seen. A reorg can be the reason your node spikes from 1-2GB ram use to 3GB or more, if this is too much, your operating system may choose to end the process (stop bitcoind), or your node will crash with an “Out of Memory” error code.

Since reorgs and orphans are a part of the Bitcoin SV ecosystem and should be expected and not feared (more on this ​here​) it would be wise to best prepare your environment for such situations. The default impaired settings and concepts inherited in bitcoind are too small for the volumes we see during operations on the ​STN​ or during a stress test on mainnet.

With this in mind, we suggest increasing a few default settings on your bitcoind node.

First of all, your mempool size allowance should be set to 10GB or more. This tells the node how much memory it should assign to storing unconfirmed transactions. This is done by adding the following to your bitcoin.conf file.
Code:
maxmempool=10000
This restrictive memory limitation (300MB by default pre-genesis) is a consequence of the fee priority processing, inherited from BTC in order to maintain functioning tiny block sizes. In Bitcoin SV we don’t need this to be so little. The current overhead for storing transactions is in the realm of 5 times the real transaction size, for small transactions. This decreases dramatically for larger transactions. The SV Node team are actively working to remove all fee prioritisation code and hasten mempool processing to bring much-needed improvements to transaction propagation, acceptance and memory allocation. The net result will be a much faster and less memory extensive mempool.

In addition to increasing the mempool allowance, we also suggest increasing the signature and script cache. This tells the node how many accepted transactions in megabytes we can keep in our cache (RAM) improving performance by reducing expensive calls to recalculate signatures and scripts on the fly. We suggest setting these to 250MB or more to improve performance. This is done by adding the following to your bitcoin.conf file.
Code:
maxsigcachesize=250
Code:
maxscriptcachesize=250
Please be aware that setting all three of the mentioned settings will add an additional memory requirement of 10.5GB on your node just for this aspect of bitcoind’s operation.
Lastly, we suggest adding maxorphantx to your bitcoin.conf as well. This value specifies how many orphan transactions can be kept in memory. This helps if your node is receiving a child transaction whose parent has not been confirmed in the blockchain. This means that the node will remember the child until it sees the parent or it exceeds its expiration time of 20 minutes. This is done by adding the following to your bitcoin.conf file.
Code:
maxorphantx=10000
The result of this, assuming 400byte average transaction sizes, is only a 4MB memory increase. If you have the ram/swap available, you can increase this number considerably (remembering transactions post genesis could be very large) avoiding any dropped orphans which may have parents your node has not seen yet.

https://bitcoinsv.io/documentation/miners/system-requirements
full member
Activity: 626
Merit: 234
There is no possibility to "compress" the blockchain right?
Perhaps in the future we will introduce such an opportunity, since if we implement it now, then the speed of transactions will suffer.

So BitcoinSV size will get bigger and bigger?
We consider this to be our main advantage.

full member
Activity: 626
Merit: 234
I just noticed that the blockchain did expode to 1.4TB


Seems too much for me, some nodes might run out of free disk space and stop working.
But throughput of transactions per second increased too.
Future in large blocks. Upgrade your hardware, invest to future
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
Professors getting it

https://coingeek.com/coingeek-new-york-experts-panel-bitcoin-and-intrinsic-value/

Bitcoin needs to be used and stay transparent as designed - locked down

Engage with the bigger consensus: the world - incl regulation that emerged


wanna sth funny new ? go other experiments
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
full member
Activity: 626
Merit: 234
And how are my favourite scammers doing?
Did you means BTC? Yes, 99% of BTC volume used by scammers only

lol bsv needs to d*e already
Original Bitcoin. Must to d*e? Are you mad?

full member
Activity: 626
Merit: 234
$173.55 +16.32%

hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
PeerSend mania has started eg on Twitter.

seems to be independent from what app ever, just send over Bitcoin


https://www.peersend.com/

hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
Positive recovery

Total nodes now 149
Total nodes now 155

https://blockchair.com/bitcoin-sv/nodes

Who runs the internet? How many telecoms we have here, why count them ?

just lol, better ppl find out what QUALITY we have - I m happy I do not depend on RasPiss and funny anarchos going under in very first thunderstorm with litte lightening Smiley


Enterprises are already finding out about the thing.

It s about time
full member
Activity: 626
Merit: 234
Positive recovery

Total nodes now 149
Total nodes now 155

https://blockchair.com/bitcoin-sv/nodes
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