Author

Topic: Record breaking block: 363270 (Read 1240 times)

full member
Activity: 164
Merit: 126
Amazing times are coming
July 03, 2015, 01:35:41 AM
#11
It isn't about liberty, it is about following the protocol and one day empty blocks could being disallowed by consensus. If one of the biggest miners decides to mine only empty blocks, it could delay transactions and even when it is clear miners don't want to mishandle the network, it could happen.

That will not, and can not ever become a consensus rule. If you try to make 0 transaction blocks invalid, the miner will just pack in junk to make up the limit. It is also completely plausible that there will be times of zero transaction volume which you need to contend with.

Yes, that's right, miners could pack junk. +1
¡
newbie
Activity: 1
Merit: 0
July 03, 2015, 01:14:13 AM
#10
f2pool does indeed mine some non-standard transactions, but this does not lead to them 'comrpomising' any addresses or outputs. Non-standard transactions are those that bitcoin core rejects for being spammy, or for using restricted opcodes that are deemed a 'security risk'. (I never understood this logic).

Some of the Bitcoin opcodes were genuinely dangerous and were permanently disabled to prevent the network imploding. The way they were implemented meant you could have made scripts that are impossible for anybody to verify, and any node that tried would have crashed out due to not having yottabytes of memory. There is no possibility of them coming back, but new opcodes that have the same function could be created in the future if really necessary.

The scripting standardness tests are from pretty early on, but they are still around today because ultimately the scripting language isn't as useful as anybody would have liked. You can make annoying scripts and scripts that break reimplementations in spectacular ways, but very little in the way of useful ones outside of the standard set. A majority of the opcodes have never once been used in any script in the 5+ year history of Bitcoin transactions, and nobody seems to be campaigning for them to be freely relayed again.

It isn't about liberty, it is about following the protocol and one day empty blocks could being disallowed by consensus. If one of the biggest miners decides to mine only empty blocks, it could delay transactions and even when it is clear miners don't want to mishandle the network, it could happen.

That will not, and can not ever become a consensus rule. If you try to make 0 transaction blocks invalid, the miner will just pack in junk to make up the limit. It is also completely plausible that there will be times of zero transaction volume which you need to contend with.
full member
Activity: 164
Merit: 126
Amazing times are coming
July 02, 2015, 11:38:32 PM
#9
Each and every day, new reminders that block size is indeed an issue, and that it must be solved in near future with raising the blocksize...

And more examples of why empty blocks are bad for the network and provide no worth.
Its not about bad and good, its about liberty.

It isn't about liberty, it is about following the protocol and one day empty blocks could being disallowed by consensus. If one of the biggest miners decides to mine only empty blocks, it could delay transactions and even when it is clear miners don't want to mishandle the network, it could happen.
newbie
Activity: 11
Merit: 0
July 02, 2015, 06:55:56 AM
#8
why did F2Pool chose to mine these?
f2pool mines some non-standard transactions and the outputs to compromised addresses for themselves
 

f2pool does indeed mine some non-standard transactions, but this does not lead to them 'comrpomising' any addresses or outputs. Non-standard transactions are those that bitcoin core rejects for being spammy, or for using restricted opcodes that are deemed a 'security risk'. (I never understood this logic).
member
Activity: 108
Merit: 10
July 02, 2015, 04:38:04 AM
#7
Each and every day, new reminders that block size is indeed an issue, and that it must be solved in near future with raising the blocksize...

And more examples of why empty blocks are bad for the network and provide no worth.
Its not about bad and good, its about liberty.
legendary
Activity: 1260
Merit: 1019
July 02, 2015, 03:18:57 AM
#6
why did F2Pool chose to mine these?
f2pool mines some non-standard transactions and the outputs to compromised addresses for themselves
 
legendary
Activity: 1274
Merit: 1000
July 01, 2015, 11:39:27 AM
#5
Each and every day, new reminders that block size is indeed an issue, and that it must be solved in near future with raising the blocksize...

And more examples of why empty blocks are bad for the network and provide no worth.
sr. member
Activity: 333
Merit: 252
July 01, 2015, 10:17:51 AM
#4
it's a  weird block.
there are a lot of 0 fee transactions, like this one
which in addition are shown as Doublespends by blockchain.info


why did F2Pool chose to mine these? may be someone found a bug in f2pool and is using
it to doublespend, that is, to cancel some other (unconfirmed) transactions they are sending at the same time
Just a wild guess.
legendary
Activity: 1512
Merit: 1012
July 01, 2015, 09:24:51 AM
#3
Each and every day, new reminders that block size is indeed an issue, and that it must be solved in near future with raising the blocksize...
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
June 30, 2015, 11:24:54 PM
#2
It is because the stress test is in progress and block 363266 is an empty block, making many tx stuck there... BTW today will be a memorable day because of this record, stating that bitcoin is at a new level!
legendary
Activity: 1792
Merit: 1111
June 30, 2015, 11:13:43 PM
#1
https://blockchain.info/block/000000000000000010ef3011e77078522451782c639ea5e22492e086ca9089c3

This block has 4509 tx with exactly 1,000,000 bytes, both are new record. It is also the only block with more than 4000 tx
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