Moore's Law is no longer tenable, as microchip manufacturing has (ironically) hit it's the technological limits.
aww..... that's just precious.
Topic: So who the hell is still supporting BU? - page 4. (Read 29824 times)
aww..... that's just precious.
Lauda your tolerance and persistence is commendable. However your effort is wasted. Selectively ignoring about 4 bitcointalk trolls in this argument will make your life much more enjoyable and any discussions regarding scaling much more useful as it increases the signal to noise ratio to about 100x higher.
Thank you for these words. Whilst I may be out of line once some trolls overdo it (i.e. I fight "fire with fire") I try to reasonably respond and not let gullible individuals take in their pseudo-science.EDIT: Of course people who respond by taking offence means they know they're trolls themselves, otherwise why would they get offended and think I was talking about them?
Well said.what your failing to understand is that segwit wont stop anything.
Yes it will.you can pretend it solves things and is 100% utopian fix. but its not
Nobody is pretending.quadratic hashing still will occur after segwit is activated.
Nope. Read what I wrote.I can sum up it up in 1 short sentence.
Franky1 is Correct and Lauda is Wrong.
You do realize Bitcoin is working exactly as intended (ie allocating scarce resources efficiently)
Well, no. To quote satoshi:
Quote
The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling. If you're interested, I can go over the ways it would cope with extreme size.
By Moore's Law, we can expect hardware speed to be 10 times faster in 5 years and 100 times faster in 10. Even if Bitcoin grows at crazy adoption rates, I think computer speeds will stay ahead of the number of transactions.
By Moore's Law, we can expect hardware speed to be 10 times faster in 5 years and 100 times faster in 10. Even if Bitcoin grows at crazy adoption rates, I think computer speeds will stay ahead of the number of transactions.
The problem is not raw transactions processing, but keeping everyone synched on the same blocks all the time
Coming a bit from 3D engine, it's ridiculous the amount of time spent to check and validate such ridiculous amount of simple integerer arithmetic in the bottom ..
But it's because in video game there is always a tolerance for inacurate computation and a certain margin of error, with bitcoin there is no margin of error, and everyone has to agree exactly on each value, that's the whole point of it 
It's this that slow everything down, not the transaction processing speed You do realize Bitcoin is working exactly as intended (ie allocating scarce resources efficiently)
Well, no. To quote satoshi:
Quote
By Moore's Law
Moore's Law is no longer tenable, as microchip manufacturing has (ironically) hit it's the technological limits. That happened last year, in 2016.
So, you can quote your outdated Satoshisms and they'll actually make sense, WHEN A NEW CPU SCALING PARADIGM IS INVENTED. You might be waiting a while, so you may as well continue to come up with more inept arguments for your trainwreck Rules for Radicals "technology"
His Outdated Quotes are still alive and well, you dear CB are mistaken. (Like you normally are.)
http://www.telegraph.co.uk/technology/2017/01/05/ces-2017-moores-law-not-dead-says-intel-boss/
Quote
The maxim, which became known as Moore’s law, directed technology companies for five decades before reaching a crunch point last year.
Physicists and technology giants alike said transistors had reached a point where it was no longer economically viable to make them smaller, bringing about the end of the law.
But Intel’s chief executive Brian Krzanich has put an end to such fears with news the company will release a 10 nanometre chip in 2017.
The tiny chip will be cheaper than its predecessor, Intel said, keeping Moore’s law alive.
"I've heard the death of Moore's law more times than anything else in my 34-year career and I'm here today to really show you and tell you that Moore's law is alive and well and flourishing," Krzanich said.
Physicists and technology giants alike said transistors had reached a point where it was no longer economically viable to make them smaller, bringing about the end of the law.
But Intel’s chief executive Brian Krzanich has put an end to such fears with news the company will release a 10 nanometre chip in 2017.
The tiny chip will be cheaper than its predecessor, Intel said, keeping Moore’s law alive.
"I've heard the death of Moore's law more times than anything else in my 34-year career and I'm here today to really show you and tell you that Moore's law is alive and well and flourishing," Krzanich said.
FYI: Moore's Law
You do realize Bitcoin is working exactly as intended (ie allocating scarce resources efficiently)
Well, no. To quote satoshi:
Quote
By Moore's Law
Moore's Law is no longer tenable, as microchip manufacturing has (ironically) hit it's the technological limits. That happened last year, in 2016.
So, you can quote your outdated Satoshisms and they'll actually make sense, WHEN A NEW CPU SCALING PARADIGM IS INVENTED. You might be waiting a while, so you may as well continue to come up with more inept arguments for your trainwreck Rules for Radicals "technology"
Lauda your tolerance and persistence is commendable. However your effort is wasted. Selectively ignoring about 4 bitcointalk trolls in this argument will make your life much more enjoyable and any discussions regarding scaling much more useful as it increases the signal to noise ratio to about 100x higher.
Thank you for these words. Whilst I may be out of line once some trolls overdo it (i.e. I fight "fire with fire") I try to reasonably respond and not let gullible individuals take in their pseudo-science.EDIT: Of course people who respond by taking offence means they know they're trolls themselves, otherwise why would they get offended and think I was talking about them?
Well said.what your failing to understand is that segwit wont stop anything.
Yes it will.you can pretend it solves things and is 100% utopian fix. but its not
Nobody is pretending.quadratic hashing still will occur after segwit is activated.
Nope. Read what I wrote. You do realize Bitcoin is working exactly as intended (ie allocating scarce resources efficiently)
Well, no. To quote satoshi:
Quote
The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling. If you're interested, I can go over the ways it would cope with extreme size.
By Moore's Law, we can expect hardware speed to be 10 times faster in 5 years and 100 times faster in 10. Even if Bitcoin grows at crazy adoption rates, I think computer speeds will stay ahead of the number of transactions.
By Moore's Law, we can expect hardware speed to be 10 times faster in 5 years and 100 times faster in 10. Even if Bitcoin grows at crazy adoption rates, I think computer speeds will stay ahead of the number of transactions.
allocating scarce resources efficiently
its only scarce because your boyfriend gmaxwell told his underlings to hold scaling back
fee's are on the increase because your boyfriend gmaxwell took away reactive fee's estimation and implemented average fee estimation (mathematically proven to increase even in low demand)
now in version 0.14 he is even removing priority formulae.. and not even bothering to replace it with a priority mechanism that actually does a better job at reducing spam or punishing the obvious repeat spammers/bloaters while still allowing access to rational, normal transaction flow.
you and gmaxwells mindset is not about code rules to fix bitcoin issues. but playing crappy banker economics games of holding back supply to create demand for commercial services.
if you think bitcoin is about out pricing each other until only a few can actually use bitcoin then you have been spooned by your boyfriend too much.
maybe its time you just jump into gmaxwells bed full time over at the monero hotel and stop popping by bitcoin. because we can see your not actually interested in staying with bitcoin
Sure the price is at ATH when nobody except those paying competitive tx fees can deposit and sell Bitcoins on exchanges, where else could it be 
Fixed it for you.
The Gavinistas are just playing silly games.
Ver will eventually get tired of wasting his money to send a few BTC to himself over and over, just to spam the mempool and create a false sense of urgency.
He got tired of spamming the mempool to pump XT, he got tired of doing it to pump Classic, and he'll get tired of doing it to pump Unlimite_.
wait, one minute you say it's hype and price is rising which implies more demand and more usage and now this conspiracy theory of someone spamming the network.
You don't believe it's real users sending more transactions driven to Bitcoin by the bull trend?
Hype, velocity, and price are obviously rising. Team Gavin is trying to leverage this surge to make their spam attack more effective and advertise his false urgency to a wider than usual audience.
You do realize Bitcoin is working exactly as intended (ie allocating scarce resources efficiently) so long as its pay-for-priority fee market pricing mechanism keeps processing tx appropriately, right?
Or are you one of those over-entitled gibs-me-dat Free Shit Army types who complain when they get a $300 bill for taking an Uber in NYC on NYE?
Nothing to see here, folks, keep moving.
FFS...
FFS...
Sure the price is at ATH when nobody except those paying competitive tx fees can deposit and sell Bitcoins on exchanges, where else could it be
Fixed it for you.
The Gavinistas are just playing silly games.
Ver will eventually get tired of wasting his money to send a few BTC to himself over and over, just to spam the mempool and create a false sense of urgency.
He got tired of spamming the mempool to pump XT, he got tired of doing it to pump Classic, and he'll get tired of doing it to pump Unlimite_.
wait, one minute you say it's hype and price is rising which implies more demand and more usage and now this conspiracy theory of someone spamming the network.
You don't believe it's real users sending more transactions driven to Bitcoin by the bull trend?
Sure the price is at ATH when nobody except those paying competitive tx fees can deposit and sell Bitcoins on exchanges, where else could it be
Fixed it for you.
The Gavinistas are just playing silly games.
Ver will eventually get tired of wasting his money to send a few BTC to himself over and over, just to spam the mempool and create a false sense of urgency.
He got tired of spamming the mempool to pump XT, he got tired of doing it to pump Classic, and he'll get tired of doing it to pump Unlimite_.
No I don't think BU is dead,
Same things I've heard about classic and xt and where are they now? There was no urgency at the times of XT and Classic. There is now.
There was plenty of false urgency at the time of XT and Classic, just as there is now.
But with the price and hype currently at ATHs, that false urgency is more hilarious than ever before!
Sure the price is at ATH when nobody can deposit and sell Bitcoins on exchanges, where else could it be
No I don't think BU is dead,
Same things I've heard about classic and xt and where are they now? There was no urgency at the times of XT and Classic. There is now.
There was plenty of false urgency at the time of XT and Classic, just as there is now.
But with the price and hype currently at ATHs, that false urgency is more hilarious than ever before!
No I don't think BU is dead,
Same things I've heard about classic and xt and where are they now? There was no urgency at the times of XT and Classic. There is now.
No I don't think BU is dead,
Same things I've heard about classic and xt and where are they now? You are diverting attention to what I was taking about. Read your post, and read what I was talking about. I was not talking about throughput, but solely about quadratic hashing.
what our failing to understand is that segwit wont stop anything.
you can pretend it solves things and is 100% utopian fix. but its not
quadratic hashing still will occur after segwit is activated.
What i would try to solve this problem is :
Associate a number to each op code in the script to represent the computing time it take, all node need to have this same values.
Each time the vm execute an op code, it increase a counter with this value.
When the block is being mined , a counter is kept by mining node for this block.
When the block is emitted this value is put either in the block header, or in the coinbase input script.
On the "client" side, the consensus decide what is the maximum value for this number for valid blocks.
On the "client" side, a limit is on put on the vm and the execution is stopped when the counter reach this limit.
Normally it shouldn't be to hard to do in itself. And should be effective to keep the execution time in certain boundaries.
Not saying i will do this in the afternoon, for the moment i have plenty of things to do lol But the problem is to be able to reach the consensus on the update, good moves need to be planed before to see how it's supposed to evolve.
No I don't think BU is dead, this is not a war !!! BU is still go to bitcoins and people who wants still using BU can, it's like if you want to use an iPhone and others prefer using SAMSUNG.
sticking head in sand and pretending the dream is a reality will make your life more enjoyable.. but you have to wake up someday. and your dream fades away once the real reality takes over your life.
You re so mean wiping away others
Sweet Wishes
im frank (meaning: get straight to the point)
if i wanted to kiss ass and dream utopian dreams of over promises and sales pitches of features that dont do as intended, id call myself something else.
if something has a problem you dont solve it by sticking head in the sand
if something has a problem you dont pretend the devs are not to blame
if something has a problem you dont continue to treat the devs as gods.
as soon as people wake up and realise that, the sooner devs realise the community have been lied to and are actually not happy. and the devs hopefully change their ways.
at the moment devs are soo busy trying to stroke their sheep to sleep that they are spending less time fixing problems and more time thinking there is not a problem and leaving them free to do what crap they like.
everyone needs to realise that there should be no gods of bitcoin, devs come and go. kissing their ass wont help... it just makes them feel empowered to mess up and get away with it.
the devs should be treated as employee's of bitcoin. not managers
the nodes are what control bitcoin not the devs.
Lauda your tolerance and persistence is commendable. However your effort is wasted. Selectively ignoring about 4 bitcointalk trolls in this argument will make your life much more enjoyable and any discussions regarding scaling much more useful as it increases the signal to noise ratio to about 100x higher.
sticking head in sand and pretending the dream is a reality will make your life more enjoyable.. but you have to wake up someday. and your dream fades away once the real reality takes over your life.
You re so mean wiping away others
Sweet Wishes
Tomorrow I ll anounce a new coin called
FeeAssCoin (FEASCO) using a new proof of mempool (POM) running by segregated users with limited brain.
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