Pages:
Author

Topic: Blocksize needs to be increased now. (Read 25131 times)

hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
October 26, 2016, 11:41:21 PM
The node of Bitcoin may become less and less. So it is becoming Sth called centralized

To run a node now you need 100G in disk

The node count will drop anyway when adoption stops or altcoins hype.
newbie
Activity: 33
Merit: 0
October 26, 2016, 08:38:17 PM
The node of Bitcoin may become less and less. So it is becoming Sth called centralized

To run a node now you need 100G in disk
legendary
Activity: 1001
Merit: 1005
October 26, 2016, 05:49:04 PM
I don't get it. https://blockchain.info/unconfirmed-transactions shows close to 65k transactions

Why the blocksize does not need to be increased?
 Angry Angry
hero member
Activity: 812
Merit: 1001
October 26, 2016, 04:00:11 PM

You say 'spam' - > you or others (link?)  need to prove not me .
No, not really. How about you prove that they aren't spam? 30k unconfirmed transactions in the 1-10 satoshis/byte range says a lot.

30k unconfirmed transactions in the 41+ satoshis/byte range says a lot.


 Cheesy
legendary
Activity: 2674
Merit: 2965
Terminated.
October 26, 2016, 08:38:28 AM
Although I believe that with a soft fork, everything keeps working for everyone and with a hard fork there are users who can't see some transactions, and think they haven't gotten paid when they have.
No, that's wrong. With a hard fork you either have to upgrade, or are unable to use the current network. You may end up on a minority chain or a dead chain (which isn't longer Bitcoin in either case).
member
Activity: 117
Merit: 10
October 26, 2016, 08:36:37 AM
Although I believe that with a soft fork, everything keeps working for everyone and with a hard fork there are users who can't see some transactions, and think they haven't gotten paid when they have.
But with soft forks, the protocol in 10 or 20 years is going to be a horrible and confusing mess.
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
October 26, 2016, 06:22:29 AM


No, not really. How about you prove that they aren't spam? 30k unconfirmed transactions in the 1-10 satoshis/byte range says a lot.

Sorry I can't. I have no clear definition / qualifier to detect spam and separate from good txs.

All I know is that this type of definition / qualifier is constant over time.

Why do we have so much spam shouting just starting last few months ?

If we can identify a 'someone' or a group started this would really help here.
legendary
Activity: 2674
Merit: 2965
Terminated.
October 26, 2016, 04:37:08 AM
Yeah I have done a couple of bitcoin transactions last week and I have never seen the network in such a bad shape. Waiting up to 12 hours to get one confirmation. Pretty sad state of affairs.
It was worse during the 2015 spam attack IIRC.

You say 'spam' - > you or others (link?)  need to prove not me .
No, not really. How about you prove that they aren't spam? 30k unconfirmed transactions in the 1-10 satoshis/byte range says a lot.
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
October 26, 2016, 04:26:21 AM
Sorry - why do you say 'spam' - how do you know ?
You can analyze the types of transactions, included fees and whatnot yourself.

Why do you say 'someone' -  how do you know?
That's not your concern.

From you as a mod I'd expect a bit more quality here ...
That is irrelevant and a fallacy.

Thanks for answering on that.

You say 'spam' - > you or others (link?)  need to prove not me .

Same on 'someone' - have you indacation of a single one or a single Group spamming on purpose (that would imply your posting) ? - Clear that you do not Need to say a Name.

 

legendary
Activity: 2674
Merit: 2965
Terminated.
October 26, 2016, 04:17:04 AM
Sorry - why do you say 'spam' - how do you know ?
You can analyze the types of transactions, included fees and whatnot yourself.

Why do you say 'someone' -  how do you know?
That's not your concern.

From you as a mod I'd expect a bit more quality here ...
That is irrelevant and a fallacy.
full member
Activity: 219
Merit: 102
October 26, 2016, 04:16:28 AM
If you had it high, it would confirm.

A.K.A. Pay to win.
I dislike this model for bitcoin, orders of magnitude than than I do for games.
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
October 26, 2016, 04:10:53 AM
48K transactions (25MB) in the backlog as of this post. Never seen it get so bad.

Bitcoin is becoming useless as money.

https://blockchain.info/unconfirmed-transactions
What's your point? This is just the number of unconfirmed TXs on blockchain.info's node. My mempool is around 450 MB and ~60k unconfirmed transactions (at the time of writing this post). Someone turned up the spam today.

Sorry - why do you say 'spam' - how do you know ?

Why do you say 'someone' -  how do you know?


From you as a mod I'd expect a bit more quality here ...
legendary
Activity: 1008
Merit: 1001
In Cryptography We Trust
October 26, 2016, 02:57:05 AM
Small bonus: 0.13.1 release is imminent, and is likely going to happen tomorrow.

This is good news indeed.
legendary
Activity: 2674
Merit: 2965
Terminated.
October 26, 2016, 02:17:48 AM
Yeah. Some philanthropist making contributions to miners welfare.
Spam up network -> complain about unconfirmed TXs -> blame Core -> blame Blockstream and so on. As you can see, a ton of posts suddenly appear on r/btc as soon as the mempool spikes. There's just a lot of ad hominem in there, supported by Ver of course.

Small bonus: 0.13.1 release is imminent, and is likely going to happen tomorrow.
legendary
Activity: 1008
Merit: 1001
In Cryptography We Trust
October 26, 2016, 02:16:34 AM
Someone turned up the spam today.

Yeah. Some philanthropist making contributions to miners welfare.
legendary
Activity: 2674
Merit: 2965
Terminated.
October 26, 2016, 02:08:39 AM
48K transactions (25MB) in the backlog as of this post. Never seen it get so bad.

Bitcoin is becoming useless as money.

https://blockchain.info/unconfirmed-transactions
What's your point? This is just the number of unconfirmed TXs on blockchain.info's node. My mempool is around 450 MB and ~60k unconfirmed transactions (at the time of writing this post). Someone turned up the spam today.
legendary
Activity: 1008
Merit: 1001
In Cryptography We Trust
October 26, 2016, 02:07:12 AM
48K transactions (25MB) in the backlog as of this post. Never seen it get so bad.

Bitcoin is becoming useless as money.

https://blockchain.info/unconfirmed-transactions
legendary
Activity: 2674
Merit: 2965
Terminated.
October 10, 2016, 05:57:30 PM
I'm fine with paying higher fee. In fact i have it set high for the purpose that the tx will be confirmed fast. Unfortunately that wasn't the case. BTC txs are getting more and more expensive.
A modest amount of people keep claiming this, yet I don't see anything backing it up. Surely it is more expensive than it previously was (as you could even get zero-fee TXs to confirm), however it isn't getting "more and more expensive" (sounds like a generic statement that is used in political campaigns, where we're talking about non-marginal increases). I have not noticed any significant change in my transactions (fee-wise).
legendary
Activity: 1708
Merit: 1049
October 10, 2016, 05:38:00 PM
What are you talking about? How about you stop making ridiculously big transactions and then blaming Bitcoin for having to pay a high fee?

I'm fine with paying higher fee. In fact i have it set high for the purpose that the tx will be confirmed fast. Unfortunately that wasn't the case. BTC txs are getting more and more expensive.

If you had it high, it would confirm.

https://bitcoinfees.21.co/
hero member
Activity: 656
Merit: 500
October 10, 2016, 05:17:15 PM
What are you talking about? How about you stop making ridiculously big transactions and then blaming Bitcoin for having to pay a high fee?

I'm fine with paying higher fee. In fact i have it set high for the purpose that the tx will be confirmed fast. Unfortunately that wasn't the case. BTC txs are getting more and more expensive.
Pages:
Jump to: