Title: Could someone update the Scalability wiki page? Post by: ripper234 on July 16, 2012, 07:54:42 AM https://en.bitcoin.it/wiki/Scalability
It hasn't been updated in half a year now, and I believe there have been several advances in this area, at least in designing some solutions. Is the TL;DR viewed as correct by the Bitcoin developers? Quote The core Bitcoin network can scale to very high transaction rates assuming a distributed version of the node software is built. This would not be very complicated. Title: Re: Could someone update the Scalability wiki page? Post by: Mike Hearn on July 16, 2012, 08:31:19 AM Well, maybe "not very complicated" was a bit enthusiastic ;) But I still see the page as roughly accurate.
Title: Re: Could someone update the Scalability wiki page? Post by: ripper234 on July 16, 2012, 12:33:22 PM Well, maybe "not very complicated" was a bit enthusiastic ;) But I still see the page as roughly accurate. Thanks, this is good input. Without trying to sound offensive, I would very much want to also see input from core Bitcoin developers. I sent an email to the dev mailing list. Not that I doubt the solutions to the scalability issue, but it would be good to get as much confirmations as possible that this is not really a problem for Bitcoin's future. Title: Re: Could someone update the Scalability wiki page? Post by: ripper234 on July 19, 2012, 03:38:44 AM I believe the message I sent to the group was not approved, for some reason.
(I couldn't find it in the archives). Title: Re: Could someone update the Scalability wiki page? Post by: Mike Hearn on July 19, 2012, 09:36:53 AM I didn't see it. You may need to be a member.
Title: Re: Could someone update the Scalability wiki page? Post by: ripper234 on July 19, 2012, 11:24:26 AM I didn't see it. You may need to be a member. The list interface is a bit clunky. I was under the impression my message was being moderated, and then that it was declined. Quote The held message you were referred to has already been handled by the list administrator. Mike, could you post a link to this thread to the group? This is the message I tried to send: Quote https://bitcointalk.org/index.php?topic=93557.0 Also, having core Bitcoin developers comment on the above thread would be useful. Mike Hearn already did, but it would be comforting to get more confirmations from other people. Title: Re: Could someone update the Scalability wiki page? Post by: Raoul Duke on July 19, 2012, 11:37:43 AM Why are you asking for someone to update it? It's a wiki, you can update it yourself. ;)
Title: Re: Could someone update the Scalability wiki page? Post by: ripper234 on July 19, 2012, 11:57:30 AM Why are you asking for someone to update it? It's a wiki, you can update it yourself. ;) Because I don't know enough about Bitcoin Scalability. There are several, very technical threads about it, and I would prefer someone who completely understands them to update the wiki so the rest of us mortals can also understand. Title: Re: Could someone update the Scalability wiki page? Post by: capsqrl on July 19, 2012, 09:02:40 PM I would like there to be more about this:
Quote Today the Bitcoin network is restricted to a sustained rate of 7 tps by some artificial limits. These were put in place to stop people from ballooning the size of the block chain before the network and community was ready for it. Once those limits are lifted, the maximum transaction rate will go up significantly. I suspect this has to do with the maximum size of a block, which I understand is 1MB. I recently learned that this limit cannot be increased without a hardfork, a change in the bitcoin protocol. The passage seems to trivialize this. Title: Re: Could someone update the Scalability wiki page? Post by: johnyj on July 20, 2012, 02:55:33 PM No one can predict the future, a fork is inevitable sooner or later, but it will be desired as long as it is benefiting end users
But this seems more like a political issue: In a distributed world, how do people make decisions? In a GIT world, it is the main programmer/code owner acting as king of the hierarchical, another type of monarchy, and that system require super intelligence and wisdom for the king 8) |