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Topic: Memory is cheap - - page 2. (Read 2983 times)

legendary
Activity: 1610
Merit: 1183
May 11, 2016, 11:20:06 AM
#71
I think you didn't memory, but megabytes of space?
Anyway, the main problem with raising the block size is that you inevitable centralize nodes because the countries that need nodes the most are usually countries with impoverished technology with shitty economical situation venezuela. It's important that nodes are run all over the planet, not only the total node count. I hope that eventually we can hard fork for a higher MB block size, but it is not a priority at all.
legendary
Activity: 2674
Merit: 3000
Terminated.
May 11, 2016, 11:11:26 AM
#70
I added some color for you. Misconfiguring a node with some ridiculous maxconnections (running it wide-open) is possible, and even a nice thing to do if you have unlimited bandwidth. It's also nice to tip your waiter $500 when you go out for lunch.
Allowing more users == misconfiguration for you? That is not correct and the data that I've provided fits (50-80 connections). The analogy does not fit either.

lots of RAM to store incoming transaction Roll Eyes
This depends on min fee parameters.
hero member
Activity: 630
Merit: 500
PM me to buy traffic for your site!
May 11, 2016, 11:07:37 AM
#69
Only need to invest few dollars to store bitcoin's blockchain, but you need to use lots of money if you want to run full nodes at your PC.
Really fast internet connection, good processor and lots of RAM to store incoming transaction Roll Eyes

By what comparison is that a lot of money? All the things you listed we already have, and the price of the said things in only falling down with advancement
of the technology that's happening litleraly every day forward. imho, arguments for consumption and prices of maintaining nodes are small enough and
even larger blocks pose no real expense.
member
Activity: 84
Merit: 10
May 11, 2016, 11:01:27 AM
#68
Assuming that his node is misconfigured just because it spent a lot of data within 6 days is foolish at best.
Your node could easily send out terabytes of data in 1 month if you don't restrict it.

I added some color for you. Misconfiguring a node with some ridiculous maxconnections (running it wide-open) is possible, and even a nice thing to do if you have unlimited bandwidth. It's also nice to tip your waiter $500 when you go out for lunch.
Doing so is in no way a prerequisite, for running a node or eating out.
Hope this helps Smiley

Edit: Still waiting for halp Sad
...
It would cost me over $50 to download the btc wallet which is ridiculous.

And how much would it cost you to download the wallet if the blocks remain @1MB? Could you help me out with the math?
legendary
Activity: 1596
Merit: 1005
https://cryptodatabase.net
May 11, 2016, 10:54:05 AM
#67
...
It would cost me over $50 to download the btc wallet which is ridiculous.

And how much would it cost you to download the wallet if the blocks remain @1MB? Could you help me out with the math?

Obviously 1/2 the cost of the proposed which is only $26.. Use your brain man don't rely on other humans to guide you step by step through life. I learned this math in elementary school 20 years ago..
legendary
Activity: 2674
Merit: 3000
Terminated.
May 11, 2016, 10:51:41 AM
#66
Anything is possible if you misconfigure a node, yes. Is that where you're getting your data, from username: Soros Shorts?
You are starting to lead a unhealthy discussion. The only concrete data provided was either his or mine (numbers), and there is nothing more that could be referenced from within the thread. Assuming that his node is misconfigured just because it spent a lot of data within 6 days is foolish at best. It doesn't have to be his node, let's look at Shorena's node:


5 days = 247.21 GB. Case closed.
member
Activity: 84
Merit: 10
May 11, 2016, 10:50:13 AM
#65
...
It would cost me over $50 to download the btc wallet which is ridiculous.

And how much would it cost you to download the wallet if the blocks remain @1MB? Could you help me out with the math?
legendary
Activity: 1596
Merit: 1005
https://cryptodatabase.net
May 11, 2016, 10:44:52 AM
#64
I think the larger problem is network bandwidth rather than hard device capacity. Even with high speed Internet connection (> 20 Mbit/sec) it can take a couple of days to download the block chain from scratch.
lol.  You only have to download the chain one time - forever.  

People sit in their living room all over the planet streaming movies every night and you worry about 2MB every ten minutes?  Clearly you failed your math A levels.  

Here is some math for you, I really like math.

2 MB per 10 mins = 12 mb/hr

12 mb/hr * 24 hours = 288 mb/day
288 mb/day * 365 days = 105,120 mb

105,120 mb = 105.12 gb/yr

The math above should be pretty simple to understand, just basic multiplication with a small case of division at the end to turn mb into gb.

Storage shouldn't be an issue for most computers (right now anyway) as the standard laptop has 500 gb and a desktop usually has 500 gb - 1 tb of memory.

But, lets say that the 2 mb blocks are added and 2 years go by and I discover BTC. I download the core wallet and start to sync. The blockchain is already around 68 gb so we can do some more math here yay.

105.12 * 2 + 68 = 278.24 gb I would have to download. Now lets take into consideration the price of internet right now.

I pay $94/month for 500 gb of bandwidth. Roughly $0.19 per gb.

Now lets add up that cost with the size of the blockchain a couple years from now. Granted this won't be accurate as internet prices in my area have been increasing as the years go by but it will be close enough.

$0.19 * 278.84 = $52.98

It would cost me over $50 to download the btc wallet which is ridiculous. On top of that it would use 3/5 of my laptop hdd to download it. Now storage becomes a problem. Not only is it expensive to download one program but it will use up almost all of my available storage.

This isn't even taking power usage into factor. It is going to take some electricity to get that massive blockchain synced so will only increase the cost more.

Glancing through some of the other posts on this thread I saw unlimited bandwidth mentioned a few times. Here's some news for those that think unlimited will last forever. It won't. It costs ISP's too much money to let their customers just use what they want.

My ISP is one of the largest in the US (Suddenlink) and we used to have unlimited internet. Well, not anymore we don't and I foresee unlimited bandwidth going away for computer users in the near future.
member
Activity: 84
Merit: 10
May 11, 2016, 10:43:03 AM
#63
Assuming that his node is misconfigured just because it spent a lot of data within 6 days is foolish at best.
Your node could easily send out terabytes of data in 1 month if you don't restrict it.

I added some color for you. Misconfiguring a node with some ridiculous maxconnections (running it wide-open) is possible, and even a nice thing to do if you have unlimited bandwidth. It's also nice to tip your waiter $500 when you go out for lunch.
Doing so is in no way a prerequisite, for running a node or eating out.
Hope this helps Smiley
legendary
Activity: 2674
Merit: 3000
Terminated.
May 11, 2016, 10:32:46 AM
#62
Can you explain how you're getting 140 GB per 6 days (~24 GB/day)? Serious question.
Here you go:
Your node could easily send out terabytes of data in 1 month if you don't restrict it.
This node has been up for only 6 days and has already sent out 144 GB.
-topic questions, etc.).
member
Activity: 84
Merit: 10
May 11, 2016, 10:28:53 AM
#61
... However, if you're saying that 140 GB in 6 days is tiny in comparison to Netflix usage (of a single person?) in that time period then that is strange.

Can you explain how you're getting 140 GB per 6 days (~24 GB/day)? Serious question.
legendary
Activity: 2674
Merit: 3000
Terminated.
May 11, 2016, 10:18:56 AM
#60
The point is prices are falling, so the one meg that cost us X a few years ago now costs us X/2.
That is true, yes.

Where do you actually live Lauda?
That does not matter. I'm not making these statements because I would run into bandwidth problems (my node is on a unlimited plan, and so am I). I'm not exactly sure how much the internet package costs for my node.

Bandwidth is fucking nearly free.  Unlimited bandwidth for $10/month at many providers.  
I'm still waiting for examples of these providers (at decent speeds!). Are you talking about residential internet or servers?

Only Netflix and Brazzers is hard to handle. Bitcion nodes are FUCKING TINY in comparison.  
I'd like to see data and a comparison chart (maybe someone could create it). However, if you're saying that 140 GB in 6 days is tiny in comparison to Netflix usage (of a single person?) in that time period then that is strange.
sr. member
Activity: 269
Merit: 250
May 11, 2016, 10:13:55 AM
#59
Memory is getting pretty cheap these days because we are getting farther which technology. It is now possible to store memory on smaller space. I wonder how the memory is going to be in the future when we are even further.
hero member
Activity: 874
Merit: 1000
May 11, 2016, 09:43:01 AM
#58
Bandwidth is very cheap also.
I don't understand where people get this impression from? Bandwidth is not that cheap.
Where do you actually live Lauda?  Bandwidth is fucking nearly free.  Unlimited bandwidth for $10/month at many providers.  Of course 'unlimited' is nonsense, but it is so fucking cheap they don't bother to measure it any longer.  Most hosting providers stopped bandwidth limits a long time ago.  Even heavy bandwidth users aren't over loading the system.  Only Netflix and Brazzers is hard to handle. Bitcion nodes are FUCKING TINY in comparison.  


Bandwidth is very cheap also.
I don't understand where people get this impression from? Bandwidth is not that cheap.

Dunno, probably pictures like this:


Exactly.  It is now too cheap to even meter.  So 'unlimited' can be purchase on the shittest hosting plans.
member
Activity: 84
Merit: 10
May 11, 2016, 09:40:09 AM
#57
Bandwidth is very cheap also.
I don't understand where people get this impression from? Bandwidth is not that cheap.

Dunno, probably pictures like this:


Sure, "cheap" needs to be qualified, and people living on <$1 a day most likely consider current prices prohibitively expensive, but until we have socialized internet access, this can't be helped. The point is prices are falling, so the one meg that cost us X a few years ago now costs us X/2.
legendary
Activity: 2674
Merit: 3000
Terminated.
May 11, 2016, 09:26:52 AM
#56
Is this reading not accurate?
More-or-less, yes. However, I'd rather that you PM me about my posts than us further spiral into off-topic discussions.

Well... that i dont agree.
Wouldn't be centralization because a lot of places can afford that so would still be decentralized.
You can't really disagree with it. I never said that the network would be centralized, I said "more centralized" which is quite different.

Bandwidth is very cheap also.
I don't understand where people get this impression from? Bandwidth is not that cheap.
member
Activity: 84
Merit: 10
May 11, 2016, 09:04:04 AM
#55
What are you trying to say?
I was making an example of subjective view on money, the figure $30 is arbitrary.
That was followed up by questions to OP and his views. Focusing on a single sentence or figure will end up to a misinterpretation of the post. I don't see myself talking about people that are not part of the ecosystem, nor people for which $30 is a lot in particular (aside from replying to you).


This is becoming off-topic.

OP is is addressing the costs of "bloating" the blockchain with 2MB blocks, suggesting that cost increase would be trivial.
You, if I understand you correctly, counter by saying that trivial sums are not trivial for everyone the world over, and higher costs of running a node may adversely affect decentralization, limiting nodes to first world countries.
You punctuate your point by asking OP: "Do you want nodes only to be run by people in 1st world countries?"

Is this reading not accurate?
sr. member
Activity: 280
Merit: 250
May 11, 2016, 09:02:03 AM
#54
bandwidth or memory ?
sr. member
Activity: 350
Merit: 250
May 11, 2016, 08:54:17 AM
#53
So you want to restrict nodes to only developed places (1st world countries)? So the end result is even further centralizing Bitcoin than it already is, correct? The reasoning is that you hope that: more capacity = more users = higher prices, right?

Well... that i dont agree.
Wouldn't be centralization because a lot of places can afford that so would still be decentralized.

right now the main problem with bitcoin centralization seems to be energy for mining, where is way more profitable to do in china... so all big farms are there.
legendary
Activity: 2674
Merit: 3000
Terminated.
May 11, 2016, 08:45:15 AM
#52
What are you trying to say?
I was making an example of subjective view on money, the figure $30 is arbitrary.
Which was followed up by questions to OP and his views. I don't see myself talking about people that are not part of the ecosystem, nor people for which $30 is a lot in particular (aside from replying to you). Focusing on a single sentence or figure will lead up to a misinterpretation of the post.


This is becoming off-topic.
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