Just found... No Space left for the poor or any safety...
And no Space left for any potential next Level adoption jump as well , so stay nichy for any sake.
Topic: Blocksize needs to be increased now. - page 4. (Read 25133 times)
Just found... No Space left for the poor or any safety...
And no Space left for any potential next Level adoption jump as well , so stay nichy for any sake.
Switch to linear scale instead of logarithmic (button on the lower right).
We are reaching the blocksize limit fast and delays in confirming transactions with standards fees is becoming noticeable. A consensus needs to be found quickly otherwise Bitcoin is going to choke in unconfirmed transactions soon.
https://blockchain.info/charts/avg-block-size?showDataPoints=false&show_header=true&daysAverageString=7×pan=all&scale=1&address=
https://blockchain.info/charts/avg-block-size?showDataPoints=false&show_header=true&daysAverageString=7×pan=all&scale=1&address=
because of the limit, there will be so many unconfirmed transactions. it's not good. hope there'll be solution soon
I wonder how they created that chart. Given the reports of empty blocks, and blocks with under 512k, to get to that final figure, I would expect some blocks to be over 1.5Mb. I understand that this is not possible atm.
We are reaching the blocksize limit fast and delays in confirming transactions with standards fees is becoming noticeable. A consensus needs to be found quickly otherwise Bitcoin is going to choke in unconfirmed transactions soon.
https://blockchain.info/charts/avg-block-size?showDataPoints=false&show_header=true&daysAverageString=7×pan=all&scale=1&address=
https://blockchain.info/charts/avg-block-size?showDataPoints=false&show_header=true&daysAverageString=7×pan=all&scale=1&address=
because of the limit, there will be so many unconfirmed transactions. it's not good. hope there'll be solution soon
I've been noticing these slow transactions as well. It will affect the price of bitcoin is they don't increase the memory pool. We've seen the price drop over Bitcoin XT before. I would say that graph predicts the future quite accurately. It worth investing in Bitcoin now.
Very nice and informal graph, hopefully an agreement is reached soon to increase the blocksize limit. It's
not good for the health of the Bitcoin that everybody keeps fighting over it and nothing is being done at
the ever increasing confirmation times when normal fees are being used.
not good for the health of the Bitcoin that everybody keeps fighting over it and nothing is being done at
the ever increasing confirmation times when normal fees are being used.
Best would be to have a moving agerage + 50% or so size limit, than its dynamic.
Very nice and informal graph, hopefully an agreement is reached soon to increase the blocksize limit. It's
not good for the health of the Bitcoin that everybody keeps fighting over it and nothing is being done at
the ever increasing confirmation times when normal fees are being used.
not good for the health of the Bitcoin that everybody keeps fighting over it and nothing is being done at
the ever increasing confirmation times when normal fees are being used.
Just found... No Space left for the poor or any safety...
This is a very insightful graph!
And it is done solely based upon the current situation of transactions vs blockchain limit.
If that is the case then I can highly presume that, Bitcoin might decline its glory when it either reaches to the PayPal level transaction processing or the Visa level transaction processing.
But one thing for sure is shown wrongly on the graph is that failure will not be from 2016. Although this is based on probability but this is for sure it wont.
I can't believe it hasn't been raised to at least 2MB yet. I thought all the miners and everyone was okay with 8MB, and we haven't even reached 2MB. This last week with all the stuck/slow transactions was ridiculous. I don't even want to recommend bitcoin to anyone because of it.
https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FQoTEOO2.gif&t=562&c=qkq8igmgx20Yqw
Just found... No Space left for the poor or any safety...
Just found... No Space left for the poor or any safety...
they should have integrated BIP 101 months ago. Missing this will have bad results on the project BTC. But it will anyway succeed.. I hope the responsible "guys" get banned one day from this project. There was always conflict of interests.. They work for companies which don't want BTC block size to be increased. Sad but true...
Just found... No Space left for the poor or any safety...
It has halved since yesterday, and I hope the attacker runs out of funds soon.
It is a very nice stress Test and shows the limit of the actual tech is very close.
What it shows is that any system that has a low cost to be abused, can get abused.
Near-zero cost txs = near-zero cost abuse.
If the fees were higher, the cost of attacking the system would have been higher and the risk of attacks much lower.
I'd rather say the system is so close to it's Limit that makes it attractive for attackers.
Just for the social freedom you claim there should be always a way (some Space) for near zero cost txs .
It has halved since yesterday, and I hope the attacker runs out of funds soon.
It is a very nice stress Test and shows the limit of the actual tech is very close.
What it shows is that any system that has a low cost to be abused, can get abused.
Near-zero cost txs = near-zero cost abuse.
If the fees were higher, the cost of attacking the system would have been higher and the risk of attacks much lower.
core with segwit is still fantasyware - they are testing it, yes, but there is a long way to go before even the most reckless development manager would consider it production ready. The market wants commitment on capacity now, not a vague, ever shifting promise of it in the future.
That is the essential difference between classic and core ( + whatever dream additions you like)
That is the essential difference between classic and core ( + whatever dream additions you like)
How is it possible that segwit is being tested if it is "fantasyware?"
Oh I see, you are defining anything not yet in production as "fantasyware."
How typically dishonest of you.
When _Classic launches 2MB blocks, the "fantasyware" now being tested will come in handy, as _Classic is immediately softforked with 2MB+8MB segwit blocks (which will create a support/logistical nightmare for anyone brave enough to be among the first defectors from Core's socioeconomic majority.
Sorry, took me a minute to cut through your #CORERAGE to find the half arsed point you were half way making.
I'm assuming your distress is from coming out of your local PC World and not having found a shrink wrapped, shiny boxed copy of Bitcoin Classic? Oh dear, I am sorry. But you see in grown up OS world, things work a little differently. I could explain that to you, but we both know that would be a waste of time.
So, instead, please accept this picture of a kitten. Ive dressed it up a bit, coz I know what you like....
U think this is funny dude?
It has halved since yesterday, and I hope the attacker runs out of funds soon.
It is a very nice stress Test and shows the limit of the actual tech is very close.
How would you chose your CPU for a risk sensitive machine? Sure at some level where you normally use only a small fraction and for a standard stress tests it should still work fine ....
It has halved since yesterday, and I hope the attacker runs out of funds soon.
I am not worried in any sense. Nice to see business as usual. Perhaps we will start to see some progress in evolution of bitcoin soon.
Blockchain.info is posting > 36 MB of unconfirmed transactions right now.
I am quite worried about the situation. Is there some kinds of stress test going on?
We need the block rise sooner rather than later.
Blockchain.info is posting > 36 MB of unconfirmed transactions right now.
Since its scaling linear i think we still have some time.. but still.. it should be raised pretty soon
Some calculation indicates the block will be full in 9 months. But I think we should raise the limit in 3-5 months.
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