After Gavin's latest Bip proposal for a 2MB block size upgrade, I would bet a lot of people will jump in that direction because it is the popular choice and we will see a block size increase before the halving. This little patch can have dire consequences in the future for the political shift it might develop.
You cannot put Band-aid on a gunshot wound and tell people the patient will survive. The doctor will get paid, but the patient might just die. I guess it is all about the power.
Topic: What Comes First: Block Size or Halving? - page 2. (Read 2381 times)
Halving all the way, and at this rat you might be asking this same question in a few years
I agree with the majority that the block halving will come first. First and biggest reason for that is that it is hard coded and will happen no matter what
at certain block, while block size will continue to raise argues and debates for months, if not even years to come
at certain block, while block size will continue to raise argues and debates for months, if not even years to come
We are going to have to wait a very long time for the block size limit to change. Halving will come first.
yeah, surely the BI will come first. It is a matter of time until they implement it.
I'm quite sure that the block size increase will happen first. And I would agree if it was increased to 8MB or else in a year or two we will be confronted with the same problem.
Judging by how things are going and how bitcoin is becoming increasingly mainstream, the number of transactions will grow exponentially, and in order for the network to keep up there will be a need for a new block size increase. So, if that is happening, why should we only increase the block size to 2MB??
Judging by how things are going and how bitcoin is becoming increasingly mainstream, the number of transactions will grow exponentially, and in order for the network to keep up there will be a need for a new block size increase. So, if that is happening, why should we only increase the block size to 2MB??
i believe that the block size limit will be changed way earlier than the halving because this problem has to be solved as soon as possible in my opinion
Like everyone else said, halving will come first.
What are your opinions on this? Will the block size problem be resolved or will the halving happen first?
What problem?
I am going out on a limb here and saying that the block size issue will be resolved first and then the halving will happen. I think the Core team is getting
pretty fed up with all this fighting and bickering and they just want to push out the changes, before some new proposal pops up from the Bitcoin Classic
side that might undermine all their hard work on SegWit.
pretty fed up with all this fighting and bickering and they just want to push out the changes, before some new proposal pops up from the Bitcoin Classic
side that might undermine all their hard work on SegWit.
Whichever protocol the core devs with the community at large agreeing to would take at least a few months, so yeah, probably the halving would come out first before we can see the full effect of the changes.
There is too much drag on the block size increase. But if the community cannot find a solution, the bitcoin will hardfork.
There's no need for a hardfork as far as I know.
Halving first, then blocksize solution. At this point it seems to be that a solution for blocksize will not be found until it really becomes a problem, sadly. Hope that is the other way around.
There is too much drag on the block size increase. But if the community cannot find a solution, the bitcoin will hardfork.
There's no need for a hardfork as far as I know.
even if block size problem were to be solved soon, then implementation of hard fork and then making everybody use it , all the mining pools, etc it is going to take a very long time which i think block halving is going to pass by then.
If we are being realistic then obviously the halfing will happen far before we can expect the block size problem to be solved. The halfing isn't something that needs talked about to happen, it will happen regardless. The block size on the other hand has been talked about for months and will continue to be argued about for months to come.
I din't think that the problem of block size will be resolved so easy. The main core developer (Gavin Andresen) it is supporter of "another" bitcoin. With him even another charismatic developer as Jeff Garzik. The others remaining at bitcoincore are unknown people and with less contributes in the actual bitcoin (as it is actually). I don't see any point in which these two groups can be together.
This is just nonsense. Gavin is far from being 'main core' developer. The group that is working on Bitcoin Core is much bigger and more skilled than the one working for Bitcoin Classic. For that I can understand it is the second one contributor on the development of the Bitcoin Core if it is taken as a point of reference this website:
https://bitcoin.org/en/development
snip
and wladimir seems the first and he is still working on core, so i'm with this guy than anyone else on the team there
I am not taking the part of no one. I am not able to understand the difference that can exist and the problems which can be caused if the block size is increased with 1 MB, 2 MB and 8 MB. I told since the beginning that my technical knowledge in this matter are almost zero and I judge from that I can understand reading the news about this matter. And being in such situation cannot even find who has right and who has wrong or which is the best choice. But if it is true that Gavin was the most able person in that time for me seems not credible the fact that a person chosen by Satoshi as his successor become incompetent after some time. Have meaning to be better because will be more experienced but worst it is difficult to be credible for me. What would be happen if he wouldn't have been given the codes to the other devcores since the beginning? My answer is: it wouldn't be any kind of such problems for bitcoin today and even in the future.
Although I would like to say that it will be halving first based on history, this time I would like to give them the benefit of the doubt that there will be a resolution of block size prior to halving. I'm thinking of around 2-3 months time before they come up with a resolution though.
I din't think that the problem of block size will be resolved so easy. The main core developer (Gavin Andresen) it is supporter of "another" bitcoin. With him even another charismatic developer as Jeff Garzik. The others remaining at bitcoincore are unknown people and with less contributes in the actual bitcoin (as it is actually). I don't see any point in which these two groups can be together.
This is just nonsense. Gavin is far from being 'main core' developer. The group that is working on Bitcoin Core is much bigger and more skilled than the one working for Bitcoin Classic. For that I can understand it is the second one contributor on the development of the Bitcoin Core if it is taken as a point of reference this website:
https://bitcoin.org/en/development
snip
and wladimir seems the first and he is still working on core, so i'm with this guy than anyone else on the team there
For that I can understand it is the second one contributor on the development of the Bitcoin Core if it is taken as a point of reference this website:
-snip-
This is due to his contributions in the past, the amount of commits that he makes have been heavily reduced. His profile shows:-snip-
Gavin Andresen was the only person to whom Satoshi gave the codes of bitcoin and if so must be the most professionally able and prepared person in this field according to the inventor of bitcoin. Otherwise have no sense that was the chosen and the only One who has the trust from Satoshi.
This is because he seemed to be the best candidate at that time. This has turned out wrong and is possibly one of the reasons why Satoshi went missing (the visit to the CIA). What I think will happen : 1 - Block halving. 2 - Block size issue being solved.
It doesn't get solved. It will be a kick down the road if we focus on the 'block size' and don't run off-chain solutions. I din't think that the problem of block size will be resolved so easy. The main core developer (Gavin Andresen) it is supporter of "another" bitcoin. With him even another charismatic developer as Jeff Garzik. The others remaining at bitcoincore are unknown people and with less contributes in the actual bitcoin (as it is actually). I don't see any point in which these two groups can be together.
This is just nonsense. Gavin is far from being 'main core' developer. The group that is working on Bitcoin Core is much bigger and more skilled than the one working for Bitcoin Classic. For that I can understand it is the second one contributor on the development of the Bitcoin Core if it is taken as a point of reference this website:
https://bitcoin.org/en/development
And in which I found the below data:
Anyhow, as I told in my post I am not an expert in such field and here the numbers cannot have that importance given or taken by me. But for sure I know another fact which cannot be never bypassed by no one. Gavin Andresen was the only person to whom Satoshi gave the codes of bitcoin and if so must be the most professionally able and prepared person in this field according to the inventor of bitcoin. Otherwise have no sense that was the chosen and the only One who has the trust from Satoshi.
Halving first, then blocksize solution. At this point it seems to be that a solution for blocksize will not be found until it really becomes a problem, sadly. Hope that is the other way around.
There is too much drag on the block size increase. But if the community cannot find a solution, the bitcoin will hardfork.
What I hope : 1 - Block size issue getting solved to end the nonsense drama. 2 - Block halving.
What I think will happen : 1 - Block halving. 2 - Block size issue being solved.
If the block size issue is getting solved first, then we can have a real HARD pump when we go towards the block halving.
What I think will happen : 1 - Block halving. 2 - Block size issue being solved.
If the block size issue is getting solved first, then we can have a real HARD pump when we go towards the block halving.
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