Bitcoin Forum

Economy => Speculation => Topic started by: zby on January 29, 2016, 09:04:55 AM



Title: The state of the blocksize fork
Post by: zby on January 29, 2016, 09:04:55 AM
So what is the current state of the fight?

Looks like Bitcoin Classic (the fork increasing the blocksize do 2MB https://bitcoinclassic.com/) is close to a release: https://news.bitcoin.com/gavin-andresen-is-ready-to-bump-to-2mb/

http://www.coindesk.com/scaling-debate-bitcoin-core-outreach/

In the meantime "TIL that Blockstream Core-Tech-Engineer Patrick Strateman proposed changing the license of Bitcoin-Core to prevent Gavin Andresen from using the code" https://www.reddit.com/r/btc/comments/42j4px/til_that_blockstream_coretechengineer_patrick/

Bring links and popcorn - lets watch the drama unfolding.



Title: Re: The state of the blocksize fork
Post by: spazzdla on January 29, 2016, 09:08:22 PM
This will be the war that decides bitcoins true fait... A tool for govs and big corps to control the masses or a means of wealth storage for the average person..

Alas.. I have a feeling it will become the perfect tool for slavery.


Title: Re: The state of the blocksize fork
Post by: afbitcoins on January 29, 2016, 11:46:51 PM
Thanks for the links, interesting reading. My own instinct says road map that core is proposing looks pretty good all things considered, I'm resistant to the Classic fork myself.

Seems to me trouble with 2M blocks isn't that each block is 2M which is still quite easy to download and process. The problem is exponentially increasing size of blockchain as new blocks keep getting added and added relentlessly, this will ramp the actual total size of block chain much quicker. Its about 75G just now which is not really small. (In fact even with 1M blocks this problem remains that the blockchain will eventually be too big to be decentralised, that blockchain is just going to keep growing).

So why there is this rush to increase block size anyway, are the blocks nearly full just now ? How do you know or measure how much block space is being used ? Is there a way to monitor that ?


Title: Re: The state of the blocksize fork
Post by: AliceWonderMiscreations on January 30, 2016, 12:06:59 AM
Thanks for the links, interesting reading. My own instinct says road map that core is proposing looks pretty good all things considered, I'm resistant to the Classic fork myself.

Seems to me trouble with 2M blocks isn't that each block is 2M which is still quite easy to download and process. The problem is exponentially increasing size of blockchain as new blocks keep getting added and added relentlessly, this will ramp the actual total size of block chain much quicker. Its about 75G just now which is not really small. (In fact even with 1M blocks this problem remains that the blockchain will eventually be too big to be decentralised, that blockchain is just going to keep growing).

So why there is this rush to increase block size anyway, are the blocks nearly full just now ? How do you know or measure how much block space is being used ? Is there a way to monitor that ?

The blocks are not always full but supposedly sometimes there is congestion when a lot of transactions take place, resulting in slower time until transactions paying the standard fee make it into the blockchain.

Personally I think bitcoin core has it under control.