Big Block support at 50% | Bitcointalksearch.org

squatz1

legendary

Activity: 1666

Merit: 1285

Flying Hellfish is a Commie

Quote from: felipehermanns on April 21, 2017, 06:35:38 PM

This BUg thing is getting boring. This guys are a joke. R/BTC is just trash talk impossible to read...

Btw while their hashrate go up their nodes still going down. Nice work jihad wu and roger suckver

These guys are a joke but they really do have a ton of leverage when it comes to the miners that make the decision at the end of the day, they've really (Roger) has got to be making Wu and his cronies a ton of promises when it comes to when and if they do take over Bitcoin (prayers that they don't)

Though I don't know how they can trust something like this when they've had so many node crashes and such - like how much is Ver paying them to stay on his side in this debate? Is he REALLY that rich to be financing this entire thing?

farharhadi

newbie

Activity: 56

Merit: 0

We review what happened this year is very solid, even I do not understand why inhibit still disturbing when a case that has happened this time.

jubalix

legendary

Activity: 2632

Merit: 1023

Quote from: 1Referee on April 21, 2017, 06:07:43 PM

Quote from: -ck on April 21, 2017, 05:53:46 PM

Jihan threatened to fork at 51% anyway but we'll see...

Jihan is nothing more than a keyboard warrior. Everyone knows that allowing a fork to initiate at 51% comes with risks being far too high. I don't believe he will potentially jeopardise his operations just to gamble on a positive outcome. If he's (or they with RV added) ever going to initiate a fork, he (they) will likely wait till 65-70% is reached. At least, that would make a whole lot more sense.

depends how much eth Jihan holds....ever think that through?

iluvpie60

hero member

Activity: 700

Merit: 500

Quote from: cryptoanarchist on April 21, 2017, 05:46:10 PM

Quote from: -ck on April 21, 2017, 05:41:01 PM

Quote from: cryptoanarchist on April 21, 2017, 05:36:59 PM

Quote from: -ck on April 21, 2017, 05:35:01 PM

Great, 1% more and then they can fork off and see where the fork's support takes them...

I think miners are waiting for some more nodes to upgrade to new clients rather than forcing them/throwing them into confusion.

Point is, the battle is already won. Blockstream/SegWit miners can't survive on the minority chain. Not even for a day.

I don't know what you're talking about "cannot survive" - the chains will be completely separate and run in their own directions should it happen. Jihan said he wanted people to "attack" the minority chain (which is a fucking awful approach and speaks volumes) but that would mean he needs as much hashrate directed towards attacking it as he does mining BU blocks and no such hashrate is spare to do that. So unless BU support ends up being 90% leaving only a 10% core chain, then there won't be enough spare hashrate to throw at killing off the forked minority sized chain. There is no precedent saying which chain the economy will follow, but the majority have expressed that they will follow segwit...

Attack the minority chain? pfft, why bother?

How is the SegWit chain going to survive at significantly less than 50% hashpower when they can only mine 1MB blocks? Transactions will grind to a halt and miners will start leaving making it only worse.

If the hashrate went down by 50% wouldn't it only grind to a halt for a period of 7 to 10 days? Wouldn't the difficulty decrease to compensate the lower hash rate?

Maybe I am wrong in thinking about it that way, obviously hash rate just keeps increasing and difficulty increases, why can't it go down?

cryptoanarchist

legendary

Activity: 1120

Merit: 1003

Quote from: pinkflower on May 01, 2017, 02:57:06 AM

Its like a game of chicken. Who will give in first? The miners who invested a lot of money to support and secure the protocol or the developers who could move somewhere else after theyre done with BTC? One of them knows that the other cant play this game for long.

Maybe the miners have been paid more money than they spent on hardware to kill bitcoin. Banksters have unlimited printing press money to defend their monopoly, right?

pinkflower

sr. member

Activity: 868

Merit: 259

Its like a game of chicken. Who will give in first? The miners who invested a lot of money to support and secure the protocol or the developers who could move somewhere else after theyre done with BTC? One of them knows that the other cant play this game for long.

jonald_fyookball

legendary

Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

Quote from: lionheart78 on April 29, 2017, 03:07:15 PM

Quote from: jonald_fyookball on April 29, 2017, 02:27:29 PM

Quote from: cryptoanarchist on April 29, 2017, 02:11:32 PM

Add in 8MB votes with Unlimited and we have a healthy 50% for bigger blocks, assuming at least 1% will be ok with bigger blocks and just aren't signaling.

https://www.blocktrail.com/BTC/pools

Is Core going to respond to the market with a block size increase? Or dig in their heels? I got my popcorn ready.

Tricky part is figuring out how much to diversify into alts. Time is against bitcoin the longer it stagnates.

I agree, people won't wait forever, but seems this scaling solution battle will last for eternity. I hope it won't be too late for Bitcoin before this political drama is over.

Quote from: cryptoanarchist on April 29, 2017, 02:11:32 PM

Add in 8MB votes with Unlimited and we have a healthy 50% for bigger blocks, assuming at least 1% will be ok with bigger blocks and just aren't signaling.

https://www.blocktrail.com/BTC/pools

Is Core going to respond to the market with a block size increase? Or dig in their heels? I got my popcorn ready.

I am still wondering, aside from Segwit why does core does not want a block size increase, when they are capable of executing it better.

Simple. They want as little as on chain scaling as possible.

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

Quote from: lionheart78 on April 29, 2017, 03:07:15 PM

I am still wondering, aside from Segwit why does core does not want a block size increase, when they are capable of executing it better.

Because, as you'll read time and time again if you haven't been listening - segwit IS a block size increase of up to 4MB! Increasing the chain block size to 2MB would make it an 8MB increase in size. Additionally, increasing the chain block size to 2MB in its current form opens up the network to a DDoS vector through a quadratic scaling issue in transactions which means an extra large transaction can be crafted that holds up even fast nodes for over a minute and a half, and uses massive amounts of ram during the process. This would render slower nodes unresponsive for many minutes and possibly run out of ram and crash. Also note that BU had an out-of-memory bug even WITHOUT bigger blocks, and one of BU's proposed solutions to DoS transaction blocks is parallel validation of blocks -> which means even MORE ram usage and virtually guaranteeing out of memory crashes.

lionheart78

legendary

Activity: 2954

Merit: 1153

Quote from: jonald_fyookball on April 29, 2017, 02:27:29 PM

Quote from: cryptoanarchist on April 29, 2017, 02:11:32 PM

Add in 8MB votes with Unlimited and we have a healthy 50% for bigger blocks, assuming at least 1% will be ok with bigger blocks and just aren't signaling.

https://www.blocktrail.com/BTC/pools

Is Core going to respond to the market with a block size increase? Or dig in their heels? I got my popcorn ready.

Tricky part is figuring out how much to diversify into alts. Time is against bitcoin the longer it stagnates.

I agree, people won't wait forever, but seems this scaling solution battle will last for eternity. I hope it won't be too late for Bitcoin before this political drama is over.

Quote from: cryptoanarchist on April 29, 2017, 02:11:32 PM

Add in 8MB votes with Unlimited and we have a healthy 50% for bigger blocks, assuming at least 1% will be ok with bigger blocks and just aren't signaling.

https://www.blocktrail.com/BTC/pools

Is Core going to respond to the market with a block size increase? Or dig in their heels? I got my popcorn ready.

I am still wondering, aside from Segwit why does core does not want a block size increase, when they are capable of executing it better.

jonald_fyookball

legendary

Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

Quote from: cryptoanarchist on April 29, 2017, 02:11:32 PM

Add in 8MB votes with Unlimited and we have a healthy 50% for bigger blocks, assuming at least 1% will be ok with bigger blocks and just aren't signaling.

https://www.blocktrail.com/BTC/pools

Is Core going to respond to the market with a block size increase? Or dig in their heels? I got my popcorn ready.

Tricky part is figuring out how much to diversify into alts. Time is against bitcoin the longer it stagnates.

cryptoanarchist

legendary

Activity: 1120

Merit: 1003

Add in 8MB votes with Unlimited and we have a healthy 50% for bigger blocks, assuming at least 1% will be ok with bigger blocks and just aren't signaling.

https://www.blocktrail.com/BTC/pools

Is Core going to respond to the market with a block size increase? Or dig in their heels? I got my popcorn ready.

pinkflower

sr. member

Activity: 868

Merit: 259

Quote from: IIOII on April 28, 2017, 09:07:10 AM

Seems like SegWit support is growing since the exposure of the BitMain backdoor. Now at over 42% since the last 100 blocks.

I think that is very encouraging. Wu and Ver are trying to hold Bitcoin hostage out of pure self-interest. But their smear campaign is crumbling, because they are now increasingly exposed as what they are: Malevolent scammers.

Let's activate SegWit and move on. Bitcoin's future is bright.

Im confident it will. BU is something like XT. Theyre both nothing but a nuisance and they use fear and making people think stuff will happen. Wheres Mike Hearn now? He predicted BTC will die this year right?

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

Quote from: IIOII on April 28, 2017, 09:07:10 AM

Seems like SegWit support is growing since the exposure of the BitMain backdoor. Now at over 42% since the last 100 blocks.

No, you're still making the same mistake others have been making. The same pools are mining segwit as previously, all you're looking at is day to day variance. Neither BU nor segwit have budged in overall (hashrate) support for weeks.

IIOII

legendary

Activity: 1153

Merit: 1012

^ No wonder the paid trolls are pouring in. ^

The situation is getting out of hands for the BU-Coin circle.

The ignore list is a highly useful tool when dealing with paid trolls like fyookball.

jonald_fyookball

legendary

Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

Quote from: IIOII on April 28, 2017, 09:07:10 AM

because they are now increasingly exposed as what they are: Malevolent scammers.

Proof? Evidence? anything?

IIOII

legendary

Activity: 1153

Merit: 1012

Seems like SegWit support is growing since the exposure of the BitMain backdoor. Now at over 42% since the last 100 blocks.

I think that is very encouraging. Wu and Ver are trying to hold Bitcoin hostage out of pure self-interest. But their smear campaign is crumbling, because they are now increasingly exposed as what they are: Malevolent scammers.

Let's activate SegWit and move on. Bitcoin's future is bright.

cryptoanarchist

legendary

Activity: 1120

Merit: 1003

Quote from: jonald_fyookball on April 28, 2017, 08:44:40 AM

BTCC switched back to segwit... Huh

When were they not for SegWit?

jonald_fyookball

legendary

Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

BTCC switched back to segwit... Huh

cryptoanarchist

legendary

Activity: 1120

Merit: 1003

Quote from: sportis on April 28, 2017, 03:12:40 AM

Quote from: cryptoanarchist on April 21, 2017, 05:28:55 PM

https://coin.dance/blocks

Bitcoin Unlimited - 49.3%
SegWit - 34.0%
8 MB Blocks - 0.7%
BIP 100 - 1.4%

Bitcoin is going to the moon once we start mining bigger blocks!! The community has demanded it and here we are!

People wait and don't be in a hurry. Using the same source as OP, today this is not the case. So what someone could say?

Bitcoin Unlimited - 41.1%
SegWit - 34.7%
8 MB Blocks - 4.7%
BIP 100 - 7.2%

The seven day average keeps inching up. Just a couple weeks ago is was at ~37%, not it is hanging around ~42%. You can't deny that the trend is going in favor of big blocks and this makes SegShit impossible.

sportis

sr. member

Activity: 406

Merit: 252

Veni, Vidi, Vici

Quote from: cryptoanarchist on April 21, 2017, 05:28:55 PM

https://coin.dance/blocks

Bitcoin Unlimited - 49.3%
SegWit - 34.0%
8 MB Blocks - 0.7%
BIP 100 - 1.4%

Bitcoin is going to the moon once we start mining bigger blocks!! The community has demanded it and here we are!

People wait and don't be in a hurry. Using the same source as OP, today this is not the case. So what someone could say?

Bitcoin Unlimited - 41.1%
SegWit - 34.7%
8 MB Blocks - 4.7%
BIP 100 - 7.2%

Topic: Big Block support at 50% (Read 4278 times)