Pages:
Author

Topic: Core developers: we want bigger blocks (Read 4241 times)

sr. member
Activity: 473
Merit: 250
September 02, 2015, 11:51:25 PM
IIRC, the consequences is appearing.
look, if we want a bigger block, you will have to pay lots of money for your hard drive.

No? Why do you think so? Why should there somehow suddenly full 8 Megabyte blocks happen. Where should all these transactions come from? The 8MB are the maximum only. And it will take a lot of time until we naturally reach that limit. And you know harddrive space is growing constantly each year.

There simply will be no problem.
sr. member
Activity: 473
Merit: 250
September 02, 2015, 11:31:34 PM
I don't want bigger blocks. The consensus does not want bigger blocks.

As block rewards drop to zero transaction fees will be the only thing left to pay miners to secure and run the network. Increasing block size jeopardizes this important mechanism.

Why do you think we need to raise the fee to keep the miner payment high? Will you raise the fee in order to compensate the block halving too? That would be instant dead to bitcoin.

It simply can't be done.

And do you realize that the bitcoin network has way too much hashpower? That shows that the rewards are very high. In fact a study showed that only one bitcoin transaction nowadays eats as much electricity as one average US-Household uses a whole day. We have so much hashpower that we could handle hundred times more transactions and the bitcon network would still be safe.

We don't need to raise the fees! Miners had to switch off hardware all the time. Otherwise they would still mine with CPU and GPU. When the rewards get lower then this would be actually better for bitcoin.

Unfortunately the one that decide everything are the miners. I wonder if they decide to their own good in the short term or in the long term.
hero member
Activity: 546
Merit: 500
August 20, 2015, 12:53:10 PM
Please update core to allow 4mb blocks. Meet in the middle and stiff arm XT. They want doubling blocks every 2 years, thats quite an adoption XT is anticipating.
I would actually support Core again if they did that, but they have not done that and I do not believe they will. I would love to be proven wrong on this issue. The ability to hard fork is the greatest expression of the freedom and decentralized nature of the Bitcoin protocol. If we did not have this ability the Core developers would essentially have absolute power over the development of Bitcoin. It would be wrong if these five people had such power over Bitcoin something that is intended to be decentralized and trustless, I refuse to trust these people with such power. We the people are free to choose what path the development of Bitcoin will take, that is part of the reason why I support a hard fork.
You can't change the max block size without a hardfork anyway. It's not like you are tweaking a knob. Perhaps you are confusing the software fork with the blockchain hard fork.

Please go ahead with the XT-CIAcoin and suffer the consequences. You are free to do so Smiley

I do realize that any increase to the block size requires a hard fork, I think that Core will never increase the block size so therefore supporting a hard fork is de facto not supporting Core. I see a lot of ad hominem attacks and wild conspiracy theory against XT instead of having solid arguments. Can you explain to me how XT is a CIA coin?

http://cointelegraph.com/news/115153/bitcoin-xt-fork-can-blacklist-tor-exits-may-reveal-users-ip-addresses

This sounds pretty CIA to me. And don't get me wrong, I want bigger blocks and I was support XT until I realized there is a lot of fishy things going on here, can't trust that at all, so I will stay with Core for sure. We have still a long way to get near 1MB blocks limit, we are at the half at best, I dont see the big necessity for big blocks NOW.
As far as I understand it that article is a very bad journalism. Since Peter Todd has already come forward and said that he was wrong about IP's being leaked, not that it even matters since Bitcoin is not anonymous in that way anyway. What you are pointing towards is a DDOS prevention code, this is a good thing. You can still connect through Tor and there is an option to just turn that feature off. It is not a part of the fundamental protocol unlike the block size itself, so therefore it is peoples free choice whether to use that feature or not. If the network is subjected to a DDOS attack by the CIA for example then we could use this code to prioritize connections so that we can still connect to the Bitcoin network.

Therefore calling XT a CIA coin just because of this is hyperbole and not constructive towards good argumentation. I would expect a "fed" or "gov" coin to not have a limited supply and be controlled by a center of power. This is definitely not the case with XT.

Trying to do a hard fork when we need it will be to late, it would be chaotic and people might lose money, that is why it is better to implement increased block sizes before we need them, before it is to late. We should have started this even earlier then we are now IMHO.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
August 20, 2015, 11:17:01 AM
We have still a long way to get near 1MB blocks limit, we are at the half at best, I dont see the big necessity for big blocks NOW.
It was growing and even full for awhile. Demand for bitcoins is shrinking with the price. So as long as the price keeps dropping, there really is no need to bother doing anything at all with Bitcoin.
hero member
Activity: 700
Merit: 501
August 20, 2015, 11:14:00 AM
#99
Please update core to allow 4mb blocks. Meet in the middle and stiff arm XT. They want doubling blocks every 2 years, thats quite an adoption XT is anticipating.
I would actually support Core again if they did that, but they have not done that and I do not believe they will. I would love to be proven wrong on this issue. The ability to hard fork is the greatest expression of the freedom and decentralized nature of the Bitcoin protocol. If we did not have this ability the Core developers would essentially have absolute power over the development of Bitcoin. It would be wrong if these five people had such power over Bitcoin something that is intended to be decentralized and trustless, I refuse to trust these people with such power. We the people are free to choose what path the development of Bitcoin will take, that is part of the reason why I support a hard fork.
You can't change the max block size without a hardfork anyway. It's not like you are tweaking a knob. Perhaps you are confusing the software fork with the blockchain hard fork.

Please go ahead with the XT-CIAcoin and suffer the consequences. You are free to do so Smiley

I do realize that any increase to the block size requires a hard fork, I think that Core will never increase the block size so therefore supporting a hard fork is de facto not supporting Core. I see a lot of ad hominem attacks and wild conspiracy theory against XT instead of having solid arguments. Can you explain to me how XT is a CIA coin?

http://cointelegraph.com/news/115153/bitcoin-xt-fork-can-blacklist-tor-exits-may-reveal-users-ip-addresses

This sounds pretty CIA to me. And don't get me wrong, I want bigger blocks and I was support XT until I realized there is a lot of fishy things going on here, can't trust that at all, so I will stay with Core for sure. We have still a long way to get near 1MB blocks limit, we are at the half at best, I dont see the big necessity for big blocks NOW.
hero member
Activity: 546
Merit: 500
August 20, 2015, 11:06:20 AM
#98
Please update core to allow 4mb blocks. Meet in the middle and stiff arm XT. They want doubling blocks every 2 years, thats quite an adoption XT is anticipating.
I would actually support Core again if they did that, but they have not done that and I do not believe they will. I would love to be proven wrong on this issue. The ability to hard fork is the greatest expression of the freedom and decentralized nature of the Bitcoin protocol. If we did not have this ability the Core developers would essentially have absolute power over the development of Bitcoin. It would be wrong if these five people had such power over Bitcoin something that is intended to be decentralized and trustless, I refuse to trust these people with such power. We the people are free to choose what path the development of Bitcoin will take, that is part of the reason why I support a hard fork.
You can't change the max block size without a hardfork anyway. It's not like you are tweaking a knob. Perhaps you are confusing the software fork with the blockchain hard fork.

Please go ahead with the XT-CIAcoin and suffer the consequences. You are free to do so Smiley

I do realize that any increase to the block size requires a hard fork, I think that Core will never increase the block size so therefore supporting a hard fork is de facto not supporting Core. I see a lot of ad hominem attacks and wild conspiracy theory against XT instead of having solid arguments. Can you explain to me how XT is a CIA coin?
sr. member
Activity: 471
Merit: 250
BTC trader
August 20, 2015, 04:13:16 AM
#97
Please update core to allow 4mb blocks. Meet in the middle and stiff arm XT. They want doubling blocks every 2 years, thats quite an adoption XT is anticipating.
I would actually support Core again if they did that, but they have not done that and I do not believe they will. I would love to be proven wrong on this issue. The ability to hard fork is the greatest expression of the freedom and decentralized nature of the Bitcoin protocol. If we did not have this ability the Core developers would essentially have absolute power over the development of Bitcoin. It would be wrong if these five people had such power over Bitcoin something that is intended to be decentralized and trustless, I refuse to trust these people with such power. We the people are free to choose what path the development of Bitcoin will take, that is part of the reason why I support a hard fork.
You can't change the max block size without a hardfork anyway. It's not like you are tweaking a knob. Perhaps you are confusing the software fork with the blockchain hard fork.

Please go ahead with the XT-CIAcoin and suffer the consequences. You are free to do so Smiley
hero member
Activity: 576
Merit: 503
August 20, 2015, 04:05:22 AM
#96
Please update core to allow 4mb blocks. Meet in the middle and stiff arm XT. They want doubling blocks every 2 years, thats quite an adoption XT is anticipating.
I would actually support Core again if they did that, but they have not done that and I do not believe they will. I would love to be proven wrong on this issue. The ability to hard fork is the greatest expression of the freedom and decentralized nature of the Bitcoin protocol. If we did not have this ability the Core developers would essentially have absolute power over the development of Bitcoin. It would be wrong if these five people had such power over Bitcoin something that is intended to be decentralized and trustless, I refuse to trust these people with such power. We the people are free to choose what path the development of Bitcoin will take, that is part of the reason why I support a hard fork.

Even a 2MB cap would stiff xt imho.
Adam tweeted he was in favor of 2MB as 'soon as safely possible', but wanted to analyze flexcap first coz it's better.
I think something will come along soonish, especially if xt gets traction.
hero member
Activity: 546
Merit: 500
August 19, 2015, 07:33:59 PM
#95
Please update core to allow 4mb blocks. Meet in the middle and stiff arm XT. They want doubling blocks every 2 years, thats quite an adoption XT is anticipating.
I would actually support Core again if they did that, but they have not done that and I do not believe they will. I would love to be proven wrong on this issue. The ability to hard fork is the greatest expression of the freedom and decentralized nature of the Bitcoin protocol. If we did not have this ability the Core developers would essentially have absolute power over the development of Bitcoin. It would be wrong if these five people had such power over Bitcoin something that is intended to be decentralized and trustless, I refuse to trust these people with such power. We the people are free to choose what path the development of Bitcoin will take, that is part of the reason why I support a hard fork.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
August 19, 2015, 07:01:08 PM
#94
Please update core to allow 4mb blocks. Meet in the middle and stiff arm XT. They want doubling blocks every 2 years, thats quite an adoption XT is anticipating.
The fact that they won't belies their "alterior" motives.
member
Activity: 84
Merit: 10
August 19, 2015, 06:56:38 PM
#93
IMO, getting new developers behind core in a democratic fashion every so often should be our main concern. Having this much power in such few hands is not ideal. Its cause for concern in regards to safety, responsability, consensus and corruption.
sr. member
Activity: 400
Merit: 250
August 19, 2015, 06:45:06 PM
#92
Please update core to allow 4mb blocks. Meet in the middle and stiff arm XT. They want doubling blocks every 2 years, thats quite an adoption XT is anticipating.

I agree. Kick the can down the road, TBH. See how adoption plays out, and develop a more robust plan for dynamically adjusting block size. For now, 3-4MB is more than enough. No need to build Rome in a day here.

That's partly what pisses me off about XT -- so much fear being pushed on people. Unnecessary fear. "We have to do this YESTERDAY!!!111!!1111"
member
Activity: 84
Merit: 10
August 19, 2015, 06:40:09 PM
#91
Please update core to allow 4mb blocks. Meet in the middle and stiff arm XT. They want doubling blocks every 2 years, thats quite an adoption XT is anticipating.
legendary
Activity: 1302
Merit: 1068
August 19, 2015, 06:16:01 PM
#90
Amusing how Mike Hearn's own article does not mention tens of thousands of lines of blacklist software which he wrote. This is a much bigger issue than blocksize, which at this point is obviously just to distract from the real purpose of XT. https://github.com/bitcoinxt/bitcoinxt/commit/73c9efe74c5cc8faea9c2b2c785a2f5b68aa4c23



Your false statements have been proven wrong over and over again, but still you keep on going with them.

It does give a hook for certain individual to get a form of control and power over the network which is exactly what its not supposed to be. A centralized authority over a decentralized system kind of beat the purpose.

A feature where the network can vote to reduce priority temporarily for an ip range could work.

Are you aware that you can turn this featurr of completely and it does not affect the blockchain at all?

Do you know many wallet clients have their own rules for peer connection? Thats essentially the voting system you're looking for.

I think we're done with this FUD....

No FUD here. Just the fact on the effect of that code if its put in. And as its said right there on the code commenting, there's a better way to do it. Check the code yourself, this wouldn't let the end user tick a box and make it all disappear.
full member
Activity: 196
Merit: 100
August 19, 2015, 06:02:30 PM
#89
Amusing how Mike Hearn's own article does not mention tens of thousands of lines of blacklist software which he wrote. This is a much bigger issue than blocksize, which at this point is obviously just to distract from the real purpose of XT. https://github.com/bitcoinxt/bitcoinxt/commit/73c9efe74c5cc8faea9c2b2c785a2f5b68aa4c23



Your false statements have been proven wrong over and over again, but still you keep on going with them.

It does give a hook for certain individual to get a form of control and power over the network which is exactly what its not supposed to be. A centralized authority over a decentralized system kind of beat the purpose.

A feature where the network can vote to reduce priority temporarily for an ip range could work.

Are you aware that you can turn this featurr of completely and it does not affect the blockchain at all?

Do you know many wallet clients have their own rules for peer connection? Thats essentially the voting system you're looking for.

I think we're done with this FUD....
legendary
Activity: 1302
Merit: 1068
August 19, 2015, 05:45:24 PM
#88
Amusing how Mike Hearn's own article does not mention tens of thousands of lines of blacklist software which he wrote. This is a much bigger issue than blocksize, which at this point is obviously just to distract from the real purpose of XT. https://github.com/bitcoinxt/bitcoinxt/commit/73c9efe74c5cc8faea9c2b2c785a2f5b68aa4c23



Your false statements have been proven wrong over and over again, but still you keep on going with them.

It does give a hook for certain individual to get a form of control and power over the network which is exactly what its not supposed to be. A centralized authority over a decentralized system kind of beat the purpose.

A feature where the network can vote to reduce priority temporarily for an ip range could work.
sr. member
Activity: 392
Merit: 250
the Cat-a-clysm.
August 19, 2015, 01:27:36 PM
#87
Amusing how Mike Hearn's own article does not mention tens of thousands of lines of blacklist software which he wrote. This is a much bigger issue than blocksize, which at this point is obviously just to distract from the real purpose of XT. https://github.com/bitcoinxt/bitcoinxt/commit/73c9efe74c5cc8faea9c2b2c785a2f5b68aa4c23



Your false statements have been proven wrong over and over again, but still you keep on going with them.
full member
Activity: 196
Merit: 100
August 19, 2015, 01:21:06 PM
#86
I'm really sad for this community.

I'm really sad for this community too, but only because you'll believe anything turtlehurricane tells you, even when it's complete bullshit.  Keep blindly buying into the fear campaign.  It's not like you should stop to question it or anything.   Roll Eyes



lmao,

legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
August 19, 2015, 01:17:41 PM
#85
I'm really sad for this community.

I'm really sad for this community too, but only because you'll believe anything turtlehurricane tells you, even when it's complete bullshit.  Keep blindly buying into the fear campaign.  It's not like you should stop to question it or anything.   Roll Eyes

sr. member
Activity: 400
Merit: 250
August 19, 2015, 01:04:21 PM
#84
Amusing how Mike Hearn's own article does not mention tens of thousands of lines of blacklist software which he wrote. This is a much bigger issue than blocksize, which at this point is obviously just to distract from the real purpose of XT. https://github.com/bitcoinxt/bitcoinxt/commit/73c9efe74c5cc8faea9c2b2c785a2f5b68aa4c23

Bingo. The block size issue is just being used to force Hearn's vision of bitcoin on the community without us realizing it.

At this point I think it should be obvious that kicking the can down the road IS a sensible thing to do.
It could be an safe (almost insignificant) block cap increase, and would offer hope for the majority who want bigger blocks but don't want the contentious fork.

Indeed. The block size issue is actually not very significant, and could be handled without all this drama. We don't need 20MB blocks, we don't need to figure out the absolute best way to implement dynamically adjusting blocks yet. We just need to scale to current needs, and go from there. If we can't do that, at least in the interim..... I'm really sad for this community.
Pages:
Jump to: