http://xtnodes.com/
Topic: Gold collapsing. Bitcoin UP. - page 82. (Read 2032247 times)
I'm curious why some people in this thread support the removal of a blocksize cap when Gavin himself suggests this is not conceivable.
https://www.reddit.com/r/Bitcoin/comments/3f5yyr/block_size_according_to_technological_growth_by/ctlqzs7
https://www.reddit.com/r/Bitcoin/comments/3f5yyr/block_size_according_to_technological_growth_by/ctlqzs7
Yeah memory exhaustion. That is one of the limits of nature, that is impossible to come around, an automatic limit. The different stakeholders, as I suggested in my post, will of course make sure, using their own limits, that any valid block can not exhaust memory on their current machinery. So no problem. To avoid orphaning on one side, and to avoid their own machines crashing on the other side, for both reasons, leaving block rewards to others.
I'm curious why some people in this thread support the removal of a blocksize cap when Gavin himself suggests this is not conceivable.
https://www.reddit.com/r/Bitcoin/comments/3f5yyr/block_size_according_to_technological_growth_by/ctlqzs7
https://www.reddit.com/r/Bitcoin/comments/3f5yyr/block_size_according_to_technological_growth_by/ctlqzs7
because their opinions only partially overlap with Gavin's?
I'm curious why some people in this thread support the removal of a blocksize cap when Gavin himself suggests this is not conceivable.
https://www.reddit.com/r/Bitcoin/comments/3f5yyr/block_size_according_to_technological_growth_by/ctlqzs7
https://www.reddit.com/r/Bitcoin/comments/3f5yyr/block_size_according_to_technological_growth_by/ctlqzs7
I am I the only one who can feel the narrative of the blocksize debate shifting?
That's probably just gas.
The block size will increase "eventually" but Not Tonight, Dear.
Pieter Wuille's BIP proposal: "Block size according to technological growth"
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
"January 2017"
Team Gavinista will never go for this. They demand Dramatic Action Now and Faster, Please.
Too bad that's not going to happen. If only they understood why the 1MB cap is neither arbitrary nor artificial:
Quote
1. Hard block size unlimited.
2. Accept as valid blocks of size up to X for the time being, X decided by consensus amongst miners and developers and individuals in the community, re the current block size discussion.
3. Produce max Y size blocks for the time being, value of Y (less than X) decided by a (per def benevolent, since it is voluntary) cartel of miners.
4. Each individual miner produces blocks of max size Z, Z decided egoistically to maximize profit, to avoid technical problems and to minimize risk of orphaning, dependent on his trust of the real consensus of the previous points.
tl;dr no hard limit.
2. Accept as valid blocks of size up to X for the time being, X decided by consensus amongst miners and developers and individuals in the community, re the current block size discussion.
3. Produce max Y size blocks for the time being, value of Y (less than X) decided by a (per def benevolent, since it is voluntary) cartel of miners.
4. Each individual miner produces blocks of max size Z, Z decided egoistically to maximize profit, to avoid technical problems and to minimize risk of orphaning, dependent on his trust of the real consensus of the previous points.
tl;dr no hard limit.
Pieter Wuille's BIP proposal: "Block size according to technological growth"
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
what does it mean when Wladimir "merges" a BIP over on github?
?
Wlad @ 2:21AM via email from ML:
Merged #163.
—
Reply to this email directly or view it on GitHub.
It means the proposal was accepted into to the official repo of bips.
huh, i thought that was already done when they assigned it a #. guess not.
Reading the work flow description, it seems assigning a number and adding it to the repo should happen together:
If the BIP editor approves, he will assign the BIP a number, label it as Standards Track, Informational, or Process, give it status "Draft", and add it to the git repository
But in fact that seems not to be the case in practice, since 100 and 102 aren't there currently: https://github.com/bitcoin/bips
Quote
so it doesn't mean anything in regards to having gained consensus...
No.
thx smooth. it's great to have someone like you around.
Pieter Wuille's BIP proposal: "Block size according to technological growth"
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
what does it mean when Wladimir "merges" a BIP over on github?
?
Wlad @ 2:21AM via email from ML:
Merged #163.
—
Reply to this email directly or view it on GitHub.
It means the proposal was accepted into to the official repo of bips.
huh, i thought that was already done when they assigned it a #. guess not.
Reading the work flow description, it seems assigning a number and adding it to the repo should happen together:
If the BIP editor approves, he will assign the BIP a number, label it as Standards Track, Informational, or Process, give it status "Draft", and add it to the git repository
But in fact that seems not to be the case in practice, since 100 and 102 aren't there currently: https://github.com/bitcoin/bips
Quote
so it doesn't mean anything in regards to having gained consensus...
No.
Pieter Wuille's BIP proposal: "Block size according to technological growth"
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
what does it mean when Wladimir "merges" a BIP over on github?
?
Wlad @ 2:21AM via email from ML:
Merged #163.
—
Reply to this email directly or view it on GitHub.
It means the proposal was accepted into to the official repo of bips.
huh, i thought that was already done when they assigned it a #. guess not.
so it doesn't mean anything in regards to having gained consensus...
Pieter Wuille's BIP proposal: "Block size according to technological growth"
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
what does it mean when Wladimir "merges" a BIP over on github?
?
Wlad @ 2:21AM via email from ML:
Merged #163.
—
Reply to this email directly or view it on GitHub.
It means the proposal was accepted into to the official repo of bips: https://github.com/bitcoin/bips
Pieter Wuille's BIP proposal: "Block size according to technological growth"
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
what does it mean when Wladimir "merges" a BIP over on github?
?
Wlad @ 2:21AM via email from ML:
Merged #163.
—
Reply to this email directly or view it on GitHub.
Pieter Wuille's BIP proposal: "Block size according to technological growth"
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
tl;dr
starting from Jan 2017 a 4.4% increase every 97 days, i.e. 17.7% per year
Pieter Wuille's BIP proposal: "Block size according to technological growth"
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
what does it mean when Wladimir "merges" a BIP over on github?
?
Pieter Wuille's BIP proposal: "Block size according to technological growth"
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
what does it mean when Wladimir "merges" a BIP over on github?
Pieter Wuille's BIP proposal: "Block size according to technological growth"
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
https://gist.github.com/sipa/c65665fc360ca7a176a6
edit: btc dev ml announcment http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009763.html
Gold has potential to plummet to $700: Strategist
http://www.cnbc.com/2015/07/30/gold-has-potential-to-hit-700-strategist.html
http://www.cnbc.com/2015/07/30/gold-has-potential-to-hit-700-strategist.html
3D Xpoint memory: Faster-than-flash storage unveiled
Why do we need faster storage? The flash storage in my smartphone and PC seems more than fast enough to view and record the photos and videos I want.
Because there are other situations where using today's storage slows things down or introduces constraints.
So-called "big data" tasks are a particular issue.
For example, efforts to sequence and analyse our genes/DNA hold the potential for new and personalised medical treatments.
But copying the huge amounts of information involved backwards and forwards makes this an extremely time-intensive activity at present.
Faster storage would also help cloud services better handle big files.
http://www.bbc.com/news/technology-33675734
Why do we need faster storage? The flash storage in my smartphone and PC seems more than fast enough to view and record the photos and videos I want.
Because there are other situations where using today's storage slows things down or introduces constraints.
So-called "big data" tasks are a particular issue.
For example, efforts to sequence and analyse our genes/DNA hold the potential for new and personalised medical treatments.
But copying the huge amounts of information involved backwards and forwards makes this an extremely time-intensive activity at present.
Faster storage would also help cloud services better handle big files.
http://www.bbc.com/news/technology-33675734
Newmont leading the way:
Martin Armstrong continues to demonstrate idiocy. he probably is TPTB_needs_war:
http://www.armstrongeconomics.com/archives/35453
http://www.armstrongeconomics.com/archives/35453
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