Pages:
Author

Topic: Bitcoin download speed singularity inevitable with Bitcoin Classic - page 2. (Read 1334 times)

hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
average internet speeds of 1999:
256kbit down 64kbit up (32kbyte down 8kbyte up) = (19meg down per 10 minutes 4.8megUP per 10 minutes)
(usually throttled down, but yes its possible to download an 5mb MP3 in 5 minutes at those speeds)

average internet speeds of 2015:
5mbit down 750kbit up (625kbyte down 93kbyte up) = (375meg down per 10 minutes 55megUP per 10 minutes)
(usually throttled down, but yes its possible to watch 3gb netflix in an hour (500mb in 10 minutes at those speeds)

so we can see a 10x growth in less than 20 years..
and the dooms day of large blocks such as the 1tb block the OP is prophesying. but lets say that in we grw to 4mb in 4 years, 8mb in 4 years and so on and so on.

then the average speed in MANY decades WILL cope.

i really love the blockstreamers and altcoiners doing all they can to shout out that onchain bitcoin's cant cope and to instead use their offchain/altcoins

lesson one to fudsters:
dont try grabbing a doomsday prophacy of 20+years to denounce possibility of a smaller growth now.
coz thats like trying to say that child abortion should happen because obesity and cancer will kill most people in 50 years so there is no point in anyone growing up

lesson two
try to us logical and rational and HONEST information about CURRENT situation to denounce CURRENT debate about CURRENT proposals

Growth is always logarithmic, which means that after some time it will slow down.

Thats the natural growth function of everything. Moore's law is bullshit pseudoscience, if you look at any other growth function over longterm you will see it's log based.

So the internet may grow 20x in the next years, but it may only grow 2x. I already have 20 mb/s internet, optical fiber.

So there is not much room left, yes maybe the cable structure can be improved ,and the network servers to be more efficient, but it will eventually hit a limit.

And then we are fucked, if the network starts to  dis-grow, which means grow in smaller and smaller increments, but the block size grows in larger and larger increments, then we are fucked.

Sorry but classic is not viable, and it will be a big danger in the future.
hero member
Activity: 490
Merit: 520
This is actually a pretty good argument.

We can't have infinitely scaling blocks, but something that would slowly increase the block size once blocks get over 92% full wouldn't be bad.

I would like to point out that fiber-optic cables are going to be increasing the download speeds of normal people over the next decade, so maybe having the blockchain as >1Tb isn't something that would be completely detrimental? Sure they wouldn't be able to implement it quickly, but it could be implemented.
legendary
Activity: 4424
Merit: 4794
average internet speeds of 1999:
256kbit down 64kbit up (32kbyte down 8kbyte up) = (19meg down per 10 minutes 4.8megUP per 10 minutes)
(usually throttled down, but yes its possible to download an 5mb MP3 in 5 minutes at those speeds)

average internet speeds of 2015:
5mbit down 750kbit up (625kbyte down 93kbyte up) = (375meg down per 10 minutes 55megUP per 10 minutes)
(usually throttled down, but yes its possible to watch 3gb netflix in an hour (500mb in 10 minutes at those speeds)

so we can see a 10x growth in less than 20 years..
and the dooms day of large blocks such as the 1tb block the OP is prophesying. but lets say that in we grw to 4mb in 4 years, 8mb in 4 years and so on and so on.

then the average speed in MANY decades WILL cope.

i really love the blockstreamers and altcoiners doing all they can to shout out that onchain bitcoin's cant cope and to instead use their offchain/altcoins

lesson one to fudsters:
dont try grabbing a doomsday prophacy of 20+years to denounce possibility of a smaller growth now.
coz thats like trying to say that child abortion should happen because obesity and cancer will kill most people in 50 years so there is no point in anyone growing up

lesson two
try to us logical and rational and HONEST information about CURRENT situation to denounce CURRENT debate about CURRENT proposals
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
But Core 'promised' us 2mb blocks in a piffling year and a half. Or are they special small 2mb blocks?
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
I`ve already had a thread talking about download speed singularity, but now let's apply this problem to Bitcoin Classic.

Block size download speed singularity = Block size is so big, that it takes more than 10 minutes to download 1 block, so that a new block will form while you barely downloaded the previous one. Which means that you can never download the blockchain, and it will become an isolated, centralized entity, as nobody could download it, but the ultra fast internet owners, or the blockchain breaks up.

This is similar to how our universe is expanding, the OBSERVABLE UNIVERSE is an inverse singularity, because nothing can escape it ,and everything is trapped in it. Therefore, if the block size were to become like 1 TB, then obviously it will become impossible to download it in 10 minutes and therefore bitcoin ends as we know it.



Ok now this is a remote situation, and I get it , blassic wants a  2-4-8 mb block size, and the situation with 1 TB block size will be far in the future.

However there is another singularity, that is much closer, and much more worrysome: The Blockchain Size Download Speed Singularity

The Blockchain Size Download Speed Singularity = The blockchain itself is so big, that it is impossible to download it all from the start, and by the time you download it, it grows even more. So in the previous issue, you already had the blockchain somewhat up to date and you only needed the new blocks, which was impossible to download. But in this example, you are a fresh user, and want to grab the entire blockchain, which it will become impossible, because the daily max bandwidth will be a tiny fraction of the entire blockchain size.


This means that if the block size becomes say 64mb in the foreseeable say 6-7 years that would mean that it grows 9 GB/DAY, and if you want to download it from the start, a blockchain of 1-2 petabyte size by then, it would become impossible to download it, or very unfeasable.

This means that only existing nodes can hold the bitcoin, and there will be no new nodes, and it will become instantly centralized.



So if the Classic people want eventually 64-128-256 mb blocks, then this singularity will become inevitable, and it would destroy decentralized bitcoin as we know it.

This is another huge flaw Classic has, but it has been swept under the rug, so I`m here to expose this flaw.
Pages:
Jump to: