Industry Endorses Bigger Blocks and BIP101 - page 3.

maokoto

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Quote from: meono on August 24, 2015, 01:09:13 PM

Quote from: maokoto on August 24, 2015, 12:04:29 PM

Well, pressure is being done to the increment of block size. I sense it is just a mater of time before core implements it.

Does not matter Core implement it or not. BitcoinXT will be on the longest chain as it will be compatible after the fork.

So if you support BIP101, you will support BItcoinXT. Even if XT nodes arent majority, It will just be an alt wallet client.

Thanks for clarifying. So XT will be compatible either way?

I am not sure if the size increase is much needed or not (just learning about it through you guys

) but I will definitely move with what works. If XT shows to be the solution, I will move. Not dogmatic about that.

But Core will not move if it is not forced, and this letter makes pressure. No doubt about it.

meono

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Quote from: ArticMine on August 24, 2015, 01:29:42 PM

Quote from: Peter R on August 24, 2015, 01:27:23 PM

Quote from: Come-from-Beyond on August 24, 2015, 01:24:25 PM

Quote from: jonald_fyookball on August 24, 2015, 01:21:27 PM

There is a version of XT that is ONLY Bip 101.
Whether Blockchain, Bitpay, etc will use that
one or the "normal" XT is their decision.

It doesn't matter what their servers will use. It matters what codebase they will promote among their users who don't understand the details.

If BIP101 is activated, do you think that Core would integrate BIP101 into their codebase to remain compatible with the longest chain?

That remains to be seen. The investors in Blockstream would not be very pleased with the 8MB blocks.

Thats their fault for thinking their 25millions can suck even 10% of 4 billion marketcaps.

The bitcoin industry should show them, we dont sell shit for cheap.

dothebeats

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I'd still remain neutral, though in this case the industry and the economy has the final say.

Come-from-Beyond

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Quote from: Peter R on August 24, 2015, 01:27:23 PM

If BIP101 is activated, do you think that Core would integrate BIP101 into their codebase to remain compatible with the longest chain?

I don't know what to think of this.

brg444

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Bitcoin replaces central, not commercial, banks

Quote from: ArticMine on August 24, 2015, 01:29:42 PM

Quote from: Peter R on August 24, 2015, 01:27:23 PM

Quote from: Come-from-Beyond on August 24, 2015, 01:24:25 PM

Quote from: jonald_fyookball on August 24, 2015, 01:21:27 PM

There is a version of XT that is ONLY Bip 101.
Whether Blockchain, Bitpay, etc will use that
one or the "normal" XT is their decision.

It doesn't matter what their servers will use. It matters what codebase they will promote among their users who don't understand the details.

If BIP101 is activated, do you think that Core would integrate BIP101 into their codebase to remain compatible with the longest chain?

That remains to be seen. The investors in Blockstream would not be very pleased with the 8MB blocks.

Quote from: brg444 on August 24, 2015, 01:28:44 PM

Just going to copy/past this here until one of the trolls addresses it

Quote from: brg444 on August 24, 2015, 01:15:42 PM

Proofs used to reconcile between mainchain and sidechains compete with normal transactions for block space. Blockstream would be one of the main entity to benefit from bigger block size.

coinpr0n

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Quote from: Peter R on August 24, 2015, 01:27:23 PM

Quote from: Come-from-Beyond on August 24, 2015, 01:24:25 PM

Quote from: jonald_fyookball on August 24, 2015, 01:21:27 PM

There is a version of XT that is ONLY Bip 101.
Whether Blockchain, Bitpay, etc will use that
one or the "normal" XT is their decision.

It doesn't matter what their servers will use. It matters what codebase they will promote among their users who don't understand the details.

If BIP101 is activated, do you think that Core would integrate BIP101 into their codebase to remain compatible with the longest chain?

That's what they're supposed to do. But if I were Core dev and ethically against BIP101 I would probably cease working on it altogether.

Mickeyb

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Move On !!!!!!

Well this needs to be fu***ng solved. I am sick and tired of this discussion for almost 2 years now. I hope that this will be solved asap. This is definitely a big slap in the face to the core people. If it's true that big Chinese miners are as well for the block increase, than what are they waiting for God's sake.

Lets implement bigger blocks so we can move forward with the show!

ArticMine

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Monero Core Team

Quote from: Peter R on August 24, 2015, 01:27:23 PM

Quote from: Come-from-Beyond on August 24, 2015, 01:24:25 PM

Quote from: jonald_fyookball on August 24, 2015, 01:21:27 PM

There is a version of XT that is ONLY Bip 101.
Whether Blockchain, Bitpay, etc will use that
one or the "normal" XT is their decision.

It doesn't matter what their servers will use. It matters what codebase they will promote among their users who don't understand the details.

If BIP101 is activated, do you think that Core would integrate BIP101 into their codebase to remain compatible with the longest chain?

That remains to be seen. The investors in Blockstream would not be very pleased with the 8MB blocks.

Peter R

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Quote from: Come-from-Beyond on August 24, 2015, 01:24:25 PM

Quote from: jonald_fyookball on August 24, 2015, 01:21:27 PM

There is a version of XT that is ONLY Bip 101.
Whether Blockchain, Bitpay, etc will use that
one or the "normal" XT is their decision.

It doesn't matter what their servers will use. It matters what codebase they will promote among their users who don't understand the details.

If BIP101 is activated, do you think that Core would integrate BIP101 into their codebase to remain compatible with the longest chain?

brg444

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Bitcoin replaces central, not commercial, banks

Might as well just copy/paste

Quote from: brg444 on August 24, 2015, 01:01:12 PM

All part of the little coordinated XT push. A good cop/bad cop trap for suckers to fall in. Unscrupulous lobbying of VC-backed companies willing to throw a bone to the investors for more funding rounds.

"Look Mr. Banker, we just upgraded the Bitcoin network to support 8X more transactions, that should get us some users! You all know Bitcoin users LOVE to make transactions right, right?"

Quote

Until today, our involvement has consisted of listening, researching and testing.

Where is the research? Can we see the "tests"?

Can't these industry "leaders" wait until the actual industry has met for a final push to a resolution (Scaling Bitcoin) until picking sides?

Speaking of "ivory tower" what use should we, the community, make of this pathetic PR coup? Are we supposed to just swallow this and take it for granted these guys have done their research? Of course we shouldn't shame them with our suspicion or any reconsideration or validation of their actual motivations and reasoning.

These are the bankers of the Bitcoin world and you are sucking up them without any discretion because...they're VCs & entrepreneurs so they must know what they're doing and surely what they are doing is for the best of everyone in Bitcoin, right. Right?

Come-from-Beyond

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Quote from: jonald_fyookball on August 24, 2015, 01:21:27 PM

There is a version of XT that is ONLY Bip 101.
Whether Blockchain, Bitpay, etc will use that
one or the "normal" XT is their decision.

It doesn't matter what their servers will use. It matters what codebase they will promote among their users who don't understand the details.

jonald_fyookball

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Core dev leaves me neg feedback #abuse #political

Quote from: Come-from-Beyond on August 24, 2015, 01:14:17 PM

Quote from: meono on August 24, 2015, 01:06:29 PM

Another FUD believer, Why even open your mouth to remove all doubt?

That story about blacklisting and deanonymization was FUD? Then why include that code in XT at all? Why not BIP101 alone?

PS: Ah, I've got it! Calling something "FUD" doesn't involve brain and hence is much easier than an attempt to critically analyze forum posts.

There is a version of XT that is ONLY Bip 101.
Whether Blockchain, Bitpay, etc will use that
one or the "normal" XT is their decision.

Also most of the historical discussions here
about blacklisting mean blacklisting of coins,
which would destroy fungibility, whereas this would only
be some kind of node specific blacklisting of IPs
which are optional and controlled by each node
as a DOS defense. That's my understanding of it.

Come-from-Beyond

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Quote from: jonald_fyookball on August 24, 2015, 01:11:31 PM

Also, so much FUD about Blacklisting.

It's the main feature of Bitcoin development process. First they create something kinda disabled, later they add "!" and hide it in other completely unrelated changes, of course, commit notes don't mention "!". Read early Bitcoin commits, Satoshi set this tradition by himself.

Come-from-Beyond

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Quote from: meono on August 24, 2015, 01:06:29 PM

Another FUD believer, Why even open your mouth to remove all doubt?

That story about blacklisting and deanonymization was FUD? Then why include that code in XT at all? Why not BIP101 alone?

PS: Ah, I've got it! Calling something "FUD" doesn't involve brain and hence is much easier than an attempt to critically analyze forum posts.

jonald_fyookball

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Core dev leaves me neg feedback #abuse #political

Quote from: meono on August 24, 2015, 01:09:13 PM

Quote from: maokoto on August 24, 2015, 12:04:29 PM

Well, pressure is being done to the increment of block size. I sense it is just a mater of time before core implements it.

Does not matter Core implement it or not. BitcoinXT will be on the longest chain as it will be compatible after the fork.

So if you support BIP101, you will support BItcoinXT. Even if XT nodes arent majority, It will just be an alt wallet client.

Good point. Look at all these FUDsters who don't even understand "I'll quit if they go with XT wahhhhh"... both
XT and Core will work. Core will be forced to implement BIP 101 because of XT.

Also, so much FUD about Blacklisting.

meono

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Quote from: maokoto on August 24, 2015, 12:04:29 PM

Well, pressure is being done to the increment of block size. I sense it is just a mater of time before core implements it.

Does not matter Core implement it or not. BitcoinXT will be on the longest chain as it will be compatible after the fork.

So if you support BIP101, you will support BItcoinXT. Even if XT nodes arent majority, It will just be an alt wallet client.

LiteCoinGuy

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In Satoshi I Trust

great move

- ill go with them

meono

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Quote from: Come-from-Beyond on August 24, 2015, 12:15:55 PM

Quote from: knight22 on August 24, 2015, 12:01:44 PM

Big companies wanting a scaling bitcoin implementation so they can scale their operations. Who would have thought?!

They want blacklisting and deanonymization added in XT. It's the only way to get their business extended 100-fold (by cooperating with authorities).

Another FUD believer, Why even open your mouth to remove all doubt?

Come-from-Beyond

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Quote from: knight22 on August 24, 2015, 12:01:44 PM

Big companies wanting a scaling bitcoin implementation so they can scale their operations. Who would have thought?!

They want blacklisting and deanonymization added in XT. It's the only way to get their business extended 100-fold (by cooperating with authorities).

maokoto

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Well, pressure is being done to the increment of block size. I sense it is just a mater of time before core implements it.

Topic: Industry Endorses Bigger Blocks and BIP101 - page 3. (Read 2809 times)