Topic: please delete - page 3. (Read 2135 times)

Yeah everyone who jumps on a shitcoin's bandwagon to make a quick buck doesn't care about decentralization. So no BSV miner will run an actual full node. They'll have a very small number of full nodes because all they care about is (quick) profit. If the currency tanks, they don't care since they probably cash out in FIAT or BTC daily.

I don't understand how people can use a Windows install for more than half a year at a time. I reinstall OSes regularly and keep data on separate drives, to keep my machines running smoothly. Especially Windows installs... After a few months of Windows updates, driver updates and installed & uninstalled programs, it already starts to get clunky.

I don't understand your point. You were saying 'Because BSV is able to store 1GB blocks, Bitcoin should too'. The two aren't comparable though. It was mentioned above that you need a pretty specced-out machine to keep a BSV node running: storage, memory, computing and networking all need to be pretty top notch since this coin seems to push big blocks to the extreme. The number of actual nodes securing that coin must be so small that it would be absolutely inacceptable for Bitcoin.

Also, the initial premise of this whole topic was to make it easier to run a node, as far as I remember, by limiting storage and computing power requirements for the IBD. What BSV is doing, big blocks in general, are absolutely the opposite, as we see in BSV's hardware requirement list. So even if you find a point for the BSV approach of things, it'll be outside this topic's scope.

how much do you think it would cost? as long as bitcoin sv miners are honest and store my data, i wouldn't mind paying them a bit to do it. but i need to make sure that they won't pull the rug out from under me.


yeah it was kind of a joke however, the more i think about it, it's not such a joke. I mean just think of where bitcoin sv might be if the BitcoinAssn hadn't tweeted out to miners and nodes that they needed to invalidate that fraudulent chain by running a particular command on their console. (And to "Please reach out on Twitter" if they had any questions.) I mean where wuold we be?? there might not be such a thing as BSV anymore. But thank goodness for twitter and how effective it was in getting the word out about that fraudulent 51% attack last summer. it's reassuring to know that they stand by ready to tweet in cases of emergency to protect their blockchain's integrity!

Yeah those are some steep requirements. But that's good because if I'm gonna be storing my home videos and things I want to make sure they have top notch computer equiment that I can access my data easily and quickly anytime I want to with no downtime. I had hoped that filecoin would be able to deliver on that promise but alas, they wanted to make me pay to store my data temporarily. (Not sure if they ever had a black friday special for lifetime storage.)

They can be forced to though. if necessary. there are ways to do that. but i guess that's up to bitcoin sv whether they need to. as long as my homevideos are on there forever, i'll be good to go.

Well that brings up a good question. Who exactly is paying for it? not that I'm worried about it you understand, just curiious.I mean I had a choice either put my homevideos on youtube but then you never know what might happen to youtube. they might not be around in 100 years.

they cant do tht though. because when people pay to store data they are paying the miners to store it forever.


there can't be any because see above.

opendimes can be handed around all over the place and change hands an unlimited number of times but once they get redeemed they can't be used as a bearer instrument anymore. how do you propose to "build something similar yourself with a backed up private key" I'm gonna grab some popcorn and coke and pull up a chair while you explain.



Well I didn't say I didn't have an issue with other software. But it is rare but there is maybe one other software that had the same issue. Rare though. It's not having anything to do with installed electrum since I use portable versions too. And they have the same problem. Reinstalling the OS is a good bet but I got alot of stuff on the hard drive I dont want to have to reinstall and such.



yeah and from the looks of things, it would be really expensive to store all that bsv blockchain data. I mean just think of 1.8GB blocks popping up here and there. Oops time to make another hard drive purchase. that's probably what the miners are doing, you know? making trips to best buy every friday or every other.

Well, assuming that you got a 1Gbps line, and your mempool limits are sufficiently high, since the BSV blockchain is almost 800GB large I'd expect it to take twice the amount of time it takes for BTC to perform the IBD. In other words, around 24 to 48 hours or so.

(This is complicated by the fact that they only provide Linux binaries, and a *cough* Docker image).

Not if they're pruning. Then they just forget about them after verifying.
Makes me wonder how many non-pruning nodes there are on BSV.
How long does it take to sync a BSV node from scratch? Has anyone tried recently?

But people here would have us believe that hard drive prices are "always going down" lol.


Wrong. As I mentioned, in the last 4 days they mined at least 10 blocks that were at least 1GB in size. As an example, one of them was about 1.8GB and had around 64,000 transactions in it.

Miners don't complain because they don't have to run a full node. Only pools do and they are compensated by their pool fees. The block size doesn't matter to them, because it means nothing when someone else is paying for it. In the grand scheme of things, actually 0.84EH isn't a lot. When you're trying to prove that 1GB blocks are feasible, it costs nothing to pad your blocks up with transactions of little value and make people think that large blocks are ideal.

Just because I can create an altcoin that pumps 10GB blocks per 10 minutes, doesn't mean that it would be the practical for an actual coin.

Well not to bust anyones balls but in the last 4 days (Sept17 through Sept21), they have had 10 blocks over 1GB in size. I just didn't list them but they're there. so that means miners hard drives filled up by at least 10GB in the last 4 days (probably double that). you don't hear bsv miners complainiing though i guess they love their block rewards.


Yeah I already know that. And I already tried updating the video driver and such but it didnt help. Windows updates I'm not even sure it works anymore on windows 7. i've got them turned off ! i'm not sure i want to change that machine from windows 7 though. but windows updates being not functional, it's kind of sad. i guess i might have to just use a different machine for using electrum because electrum really is my favorite bitcoin wallet pretty much so sad that i have this win 7 issue. but anyhow thans again.

Well, the example usage was to load it with 500 bucks and basically use it like a 500 dollar bill to pay for something. Such a bill is also destroyed by crushing, fire or water. I thought you doubted the cryptographic security of an opendime (anything else I would rather call 'safety' than 'security').

Oh, because the private key is pre-set? That makes sense, yeah. But you can build something similar yourself with a backed up private key. Point being, cold storage should never lose its value just because it's not moved on-chain.

Was this supposed to be a joke? Do you think Bitcoin works like this? Trusting a bunch of Twitter accounts and websites? WTF do you think this is all a joke? I don't know what to reply to this message, I have no words... We don't trust, we verify, damn, we're not Ethereum or some shit coin that follows a Twitter account or other kind of 'leader'...

I'd still recommend to reinstall your OS especially if it's an old Windows install. But it's a common issue. Some corrupted residue files are flying around in some Electrum directory, that's why you have no issue with other software, but you do with Electrum.
We are comparing Bitcoin to BSV shitcoin now? Does it come anywhere close to Bitcoin in any aspect? I don't think so. What's the node count? Especially decentralizing a blockchain gets increasingly harder the more resources (read: storage) you require people to buy to run a node.

Yes, sorry for this grammatical mistake. I meant that it'll be much sooner. (And will continuously rise much more than it would)

It goes beyond $300 for an external HDD with 12TB in my country. That's the cheapest I could find on amazon.

You mean they mined with a block size limit 1GB? They can't have filled a block with 1GB transactions; I mean they must not have more than a thousand transactions every day.

You probably already know this, but official support for Windows 7 ended last year, in January 14, 2020. No more updates (or at least not easily). Anything wrong with that machine, everyone else (but maybe not bitcoiners here) will tell you to update or something.

yeah but does it really matter just as long as hard drive size outpaces blockchain growth size?



Then you must not be checking very often. Just in the last few hours, they had a couple blocks well over a half a gig.

842,094.069
701,736.836
636,876.82

The 636MB block had over 13,000 transactions in it. I think that pretty much proves it. Those are all in the right neighborhood. Whether you believe it or not.
As well it's incorrect to state that "most blocks almost empty" maybe you didn't realize but "most blocks" have over 1000 transactions in them, some blocks have more than 10,000 transactions in them. 


Yeah I figured it was a problem on my end. thanks for the tips. I'll have to give it another go sometime. yeah it's windows 7.

How much does a 12 TB hard drive cost these days? $200? Maybe $150 on sale? Internet service can cost half that price every month.


There's probably even more! They mined 2 1-gigabyte blocks in one day. How many transactions do you think were in those? Probably alot right?? Rest in peace the poor souls that have to store those damn huge blocks for eternity though. I mean they really do have to do that, there's no getting out of it.

This is a problem on your end. You are probably using outdated drivers for your graphics cards or you are missing some essential Windows updates. Are you using Windows 7 btw? If so, Electrum requires Service Pack 1 and a few other KB installs.

According to search results, "ig4dev64.dll" and similar errors have to do with Intel Graphics cards. Again, check your Windows Updates and ensure everything is up-to-date, including driver updates for your GPU. 

I'm not sure if you are hoping that Bitcoin will be limited by current technology or that somehow 'sooner or later' wont ever happen?
Even with 5GB every month, sooner or later you will need more storage.

I remember it used to give me a popup window saying "Electrum has stopped working."

Problem event name: APPCRASH
Fault module name: ig4dev64.dll


but now it doesn't even do ANYTHING. When I try and run electrum, nothing happens at all! Except I do notice Electrum appearing in the running processes list for a couple seconds and then it disappears from the list, all without opening any windows. Electrum should at least allow me to run from a console or command line if it refuse to let me use its gui. Sorry this is off topic but think of it as a minor diversion for a heavy thread.

Backward validation is the only thing that makes sense in proposals like that, because if things have to be validated forward, then just downloading the whole blockchain is far better option. If things are validated forward, then starting point is in 2009 and nothing can be skipped. If nothing can be skipped, then creating UTXO set for every N blocks does not help with anything.

It could be faster in case of Schnorr signatures and joined transactions, so if we have Alice->Bob->Charlie and we can construct Alice->Charlie transaction with valid signature, then maybe we can do something like that for all blocks and check everything faster. But for current history without Schnorr signatures and with separated transactions there is not that much to be optimized.

Something is wrong with your machine or computer, something is wrong with either the hardware or software or OS. I can run Electrum fine and so do plenty of others, and I'm also running Electrum fine on several mobile devices and tablets.

Get your latest version of Electrum from the official website and verify it. If it still does not work, try it on a completely different computer or machine (or a VM).