Author

Topic: Bitcoin blockchain size sucks let's restart and do swap (Read 569 times)

hero member
Activity: 493
Merit: 500
stupid idea, impossible?...say what do you think

The Bitcoin block size doesn't continually grow over time automatically.  It grows when more transactions are made in that 10-minute (avg) period.  If the world took a break creating transactions for an hour, we'd see six very tiny blocks created.
legendary
Activity: 4214
Merit: 4458
stupid idea, impossible?...say what do you think

go start your own coin and see if everyone moves over to your new coin.
.. wait..
thats been tried 400+ times already and bitcoin is still in the lead..
i don't need my coin, only better bitcoin

Its my impression that this is what many alts claim. To be the better bitcoin, to have one (or more) flaw less here or there.

How do you suggest we start over anyway? Just hit the reset button and everyone loses all coins?
that was not my intention to talk about bitcoin alternative, just curious if it would be possible to start bitcoin from the block 1 again with same rewards and coin supply and then swap old coins with new ones

to go back to a genesis block and start from block 1. but also keeping bitcoins chain alive to allow for swaps.. is what altcoins are about..

there are many many altcoins using bitcoins genesis block code, just without all the tx history.

as i said starting from fresh, from block 0 is an altcoin..
BUT.... the bitcoin devteam have been looking into 'pruning' which is to remove tx's/blocks with no valid/current transaction data.
legendary
Activity: 1399
Merit: 1004
northern exposure
stupid idea, impossible?...say what do you think

go start your own coin and see if everyone moves over to your new coin.
.. wait..
thats been tried 400+ times already and bitcoin is still in the lead..

and from my point of view this will be in the lead, but that doesn't mean that the altcoin market will be useless.

i don't need my coin, only better bitcoin

dont worry im pretty sure that bitcoin will grow up, i mean about features and improvements.
hero member
Activity: 909
Merit: 506
stupid idea, impossible?...say what do you think

go start your own coin and see if everyone moves over to your new coin.
.. wait..
thats been tried 400+ times already and bitcoin is still in the lead..
i don't need my coin, only better bitcoin

Its my impression that this is what many alts claim. To be the better bitcoin, to have one (or more) flaw less here or there.

How do you suggest we start over anyway? Just hit the reset button and everyone loses all coins?
that was not my intention to talk about bitcoin alternative, just curious if it would be possible to start bitcoin from the block 1 again with same rewards and coin supply and then swap old coins with new ones
full member
Activity: 196
Merit: 100
There are other implementations that supports larger blocks like bitcoin XT and bitcoin unlimited. You just have to run it on your CPU.

He's saying that it's already too big and he wants it resetting to make it small again.
legendary
Activity: 1148
Merit: 1011
In Satoshi I Trust
XT is already here   Wink


.....well...it is not possible to start from scratch.
legendary
Activity: 1386
Merit: 1000
English <-> Portuguese translations
Satoshi knew that one day it would grow too large and we would need solutions based on data servers.
"Electrum is the future" basicly, since it already implements a good, secure light weight client.
legendary
Activity: 3206
Merit: 1069
stupid idea, impossible?...say what do you think

go start your own coin and see if everyone moves over to your new coin.
.. wait..
thats been tried 400+ times already and bitcoin is still in the lead..
i don't need my coin, only better bitcoin

then try to create one that isn't a pure clone of bitcoin, with a very revoluzionary features, and not a copy past from github

right now every altcoin out there only offer few feature over bitcoin, but they are not groundbreaking
copper member
Activity: 1498
Merit: 1499
No I dont escrow anymore.
stupid idea, impossible?...say what do you think

go start your own coin and see if everyone moves over to your new coin.
.. wait..
thats been tried 400+ times already and bitcoin is still in the lead..
i don't need my coin, only better bitcoin

Its my impression that this is what many alts claim. To be the better bitcoin, to have one (or more) flaw less here or there.

How do you suggest we start over anyway? Just hit the reset button and everyone loses all coins?
hero member
Activity: 909
Merit: 506
stupid idea, impossible?...say what do you think

go start your own coin and see if everyone moves over to your new coin.
.. wait..
thats been tried 400+ times already and bitcoin is still in the lead..
i don't need my coin, only better bitcoin
legendary
Activity: 4214
Merit: 4458
stupid idea, impossible?...say what do you think

go start your own coin and see if everyone moves over to your new coin.
.. wait..
thats been tried 400+ times already and bitcoin is still in the lead..
hero member
Activity: 909
Merit: 506
i use xapo for payments, and core on vps just for support but its getting closer to my space limits, i could imagine running 'new' core on cheap SSD VPS Smiley
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
stupid idea, impossible?...say what do you think

Yes, a stupid idea. There are no miracle solutions. Things take time and this will take time as well to get solved, but it will be solved. I have no doubt about it. Some smart people are working on Bitcoin.

All we need is to be patient and not bring any rushed decisions like you have just proposed, since these rushed decisions can be very costly.
legendary
Activity: 1806
Merit: 1164
stupid idea, impossible?...say what do you think

Goes against the tenets of bitcoin. You were right, stupid idea.
legendary
Activity: 1372
Merit: 1000
--------------->¿?
There are other implementations that supports larger blocks like bitcoin XT and bitcoin unlimited. You just have to run it on your CPU.
legendary
Activity: 2674
Merit: 2965
Terminated.
Possible, but very stupid and a waste of time. The size would grow high eventually again and probably at a faster pace because we already have a lot of users. There are other options that are being explored and that will be implemented. If you have a problem with the current size for whatever reason, just do not use Bitcoin Core.
hero member
Activity: 909
Merit: 506
stupid idea, impossible?...say what do you think
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