Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19186. (Read 26608384 times)

legendary
Activity: 1106
Merit: 1007
Hide your women
Why would a governance change be appropriate?

You want a governance change, here's how you do it:

Fork the project without proposing a chain fork. Attract developers and community support, under a new project with new governance rules.


That's my chain. You want it, you're gonna pay for it.
legendary
Activity: 3431
Merit: 1233

Make the block size limit dynamic


Can someone unpack this for me?
dynamic=unlimited

rubber-dollar.gif
full member
Activity: 126
Merit: 100
i'm fighting fire with fire now.

Yeah, you know we firefighters don't really do that, right? ...

Cheesy
legendary
Activity: 1106
Merit: 1007
Hide your women
https://www.reddit.com/r/btc/comments/47luh3/f2pool_is_under_ddos_attack/

of course they are. Damn miners wouldn't shut up and take it up the ass like good little coolies.

legendary
Activity: 1260
Merit: 1116

Make the block size limit dynamic


Can someone unpack this for me?
legendary
Activity: 2968
Merit: 1198
Why would a governance change be appropriate?

You want a governance change, here's how you do it:

Fork the project without proposing a chain fork. Attract developers and community support, under a new project with new governance rules.



legendary
Activity: 1260
Merit: 1116
This is merely your feeble attempt at manifesting in some of my recent content, but I may or may not be working on, or, rather, composing, another post that may or, in all likelihood, shall, address some, if not all, of these areas of your purported and/or potential concern(s), which is to say the concerns you may or may not hold now are likely to be addressed in the post which is the topic of the post I'm currently composing.

 Grin Grin
sr. member
Activity: 258
Merit: 250
roadmap/roadmap2016.md

Note: This is our initial roadmap proposal. We will run this by miners, companies and users for feedback, before it is finalized.

Bitcoin Classic 2016 Roadmap

The Bitcoin Classic team will help realize Satoshi’s vision of making Bitcoin scale into a global peer to peer cash system, and not just a settlement network. We believe on-chain scaling is crucial for the long term health of Bitcoin. On-chain scaling maximizes transaction volume, whose fees are needed to replace miner rewards on the medium to long term scale.

Our preferred strategy for on-chain scaling, is to eliminate the need for blocks to be synced within seconds. We will implement solutions that make continuous block syncing possible. Instead of transmitting the data for a new block all at once when it is found, we can significantly optimize current bandwidth by sending data during the full ten-minute interval between blocks. This will enable the Bitcoin network to scale to significant new levels, without endangering decentralization. We will scale using a 3-pronged approach:

Phase 1 (Q1-Q2)

Urgently resolve issue of blocks being almost full

Implement BIP 109: Raise block size limit from 1MB to 2MB.
Hard fork with 75% activation threshold (750 of 1000 blocks), 28 day activation grace period.
Software based on Bitcoin Core implementation 0.11.2 and 0.12.0.
Note: 0.11.2 is already finished and available for download here.

Phase 2 (Q2-Q3)

Eliminate the need for blocks to be sent within seconds

Reduce the effect of block propagation times on orphan rates (lost miner income)
De-emphasize block size as an obstacle for scaling and open up potential for on-chain transaction throughput gains using several improvements (listed below).
Optimizations for bandwidth constrained nodes via improvements to the P2P layer
Note: We intend to discuss various solutions such as the ones listed below and pick the best ones.

Parallel validation of blocks (theoretically reduces the profitability of excessive-sized block attacks).
Headers-first mining (largely nullifies excessive-sized block attacks).
Thin blocks: Blocks refer to transactions that have been well propagated rather than including them, allowing for minimization of bandwidth use.
Weak blocks: allow miners to pre-announce the blocks they are working on, to minimize the data sent once a block is found.
Validate Once: Transactions that have been validated when entering a node’s memory pool do not need to be revalidated when included in a block (speeds up block validation).
Phase 3 (Q3-Q4)

Make the block size limit dynamic

Note: This phase will only happen when miners & companies confirm Phase 2 successfully addressed their blocksize concerns.

Use a variation of Steven Pair’s/BitPay proposal. Validation cost of a block must be less than a small multiple of the average cost over the last difficulty adjustment period
Simplified version of Segregated Witness from Core, when it is available
Technical details

A more technical version of the roadmap can be found here

Conference

We plan to hold an on-chain scaling conference soon, where these and future scaling solutions & concerns can be discussed among the community.




I think the timing of the above in connection with f2pool ddos is interesting. I sense a bigger incoming drop.  Maybe we test like 407s?
full member
Activity: 126
Merit: 100
...


I may or may not be working on, or, rather, composing, another post that may or, in all likelihood shall,  address some, if not all, of these areas of your purported and/or potential concern(s), which is to say the concerns you may or may not hold now are likely to be addressed in the post which is the topic of the post I'm currently composing, to the extent that you are really concerned (and will remain concerned upon the completion of the post of which I'm currently informing you), (even though it appears that you seem to appear to seem to be reverting back, i.e. regressing, to some (and/or all) of your earlier white knighting behaviors, or, perhaps, this is merely your feeble attempt at manifesting in the corporeal present the precognition of your future white-knighting behavior, the possibility which has not escaped me, albeit it's really shit. You fool.).

Regarding telling everything or a lot of things or stream of consciousness or whatever you want to call it, there is likely some repetition taking place I may or may not be working on, or, rather, composing, another post that may or, in all likelihood, shall address some, if not all, of these areas of your purported and/or potential concern(s), which is to say the concerns you may or may not hold now are likely to be addressed in the post which is the topic of the post I'm currently composing, to the extent that you are really concerned (and will remain concerned upon the completion of the post of which I'm currently informing you), (even though it appears that you seem to appear to seem to be reverting back, i.e. regressing, to some (and/or all) of your earlier white knighting behaviors, or, perhaps, this is merely your feeble attempt at manifesting in some of my recent content, but I may or may not be working on, or, rather, composing, another post that may or, in all likelihood, shall,  address some, if not all, of these areas of your purported and/or potential concern(s), which is to say the concerns you may or may not hold now are likely to be addressed in the post which is the topic of the post I'm currently composing, to the extent that you are really concerned (and will remain concerned upon the completion of the post of which I'm currently informing you), (even though it appears that is no different from anyone else who has posted a lot in various parts of this forum.. with various repeated themes in the different threads.




Brevity, i.e. the shortness or rather concise terseness of the author's final product, e.g. a book or a letter, or even a diary entry where you start out with "Dear diary," which really doesn't need to be said at all if you think of it, but people just do it because everybody does it, anyway... the thing that the author should think about long and hard, before he puts pen to paper, is that brevity is the heart of, or, more precicely, the soul of, wit. To wit, wittiness, or even smartness.
That's how important brevity is when you write.
...a book, or even a forum post.
legendary
Activity: 1260
Merit: 1116
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 784
Merit: 512


So what?

They couldn't even spell "announced" correctly so that roadmap must be totally cringeworthy Grin
legendary
Activity: 1582
Merit: 1268

LOL, I think we should kill it. It is impossible to keep up with the conversation. Perhaps moderater can save us by locking it.  Grin
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
https://www.youtube.com/watch?v=_m7_xZN8D7M

ok guys, it's been fun, sometimes ... see you on the Otherside.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1106
Merit: 1007
Hide your women
i'm fighting fire with fire now.

Yeah, you know we firefighters don't really do that, right? I mean sometimes with brushfires the wildland guys will start a backburn to create a firebreak, but often that just makes the problem worse. It's one reason why the Ammonds in Oregon are serving a five year prison sentence.

Just so you know.
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
if this thread must die then so be it
legendary
Activity: 1106
Merit: 1007
Hide your women
Why would a governance change be appropriate?

Loss of market share? check.

Loss of six year logarithmic uptrend in price? Check

Gridlock in decision-making? check.

Loss of essential properties such as decentralization, anonymity, sufficient capacity and censorship resistance? check

What more do we fucking need?  How is it not obvious that this is a full-on, five alarm clusterfuck?


so it was always about governance? you big blocker shills have been led on a merry dance of lies, useful idiots in a coup attempt, just admit it.

Does that mean you don't think it's a clusterfuck or that you do but don't care?
Jump to: