Bitcoin Forum
June 24, 2024, 07:13:03 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 [518] 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 ... 1343 »
10341  Bitcoin / Bitcoin Discussion / Re: Hardfork = Mitosis on: October 09, 2016, 12:46:13 PM
Yes i would only agree to a hardfork if it would be absolute life-death situation and they would give people enough time to prepare, but we know that there is no imminent danger to bitcoin. So the only hardfork would be improvement/patch type of hardfork, and for that there is plenty of time, like announce it 1 year ahead and let the market and the community adjust.
Exactly. The grace period should be 6 to 12 months IMO. What Gavin suggested with Classic is a joke (28 days). Businesses can't successfully develop, test and deploy in that time-frame. Even if they could, it would likely end up problematic due to it being rushed. The only way that it *may* work for e.g. <6 months if everyone was running non-custom versions of the software, which we know is not the case.

You know, what I find very unfortunate and saddening is the toxicity towards Segwit. I mean, it's a *wonderful* development that will enable Bitcoin to scale further and better. The usual fork supporters are very negative towards it, while they should be appreciative in the lines of (random generic statement) "Great development! Now we can and should plan a hard fork.". I don't participate in those subreddits, but I do read them for behavioral analysis.

But there is absolute no need for that currently, just look at the altcoins, all of them think they are superior to bitcoin in some way, but none of them come even close to bitcoin in market cap? How is this possible if they are so great.
I've seen argumentation using the fact that the Bitcoin 'dominance' percentage is at ~80%.
10342  Bitcoin / Bitcoin Discussion / Re: Forum moderation policy on: October 09, 2016, 07:49:59 AM
where I can learn the rules of this forum?
Read this thread: Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ.
10343  Bitcoin / Bitcoin Discussion / Re: FACT CHECK: Bitcoin Blockchain will be 700GB in 4 Years on: October 09, 2016, 07:19:07 AM
Imagine 100 gigabytes 20 years ago, terrifyingly large, not such a big deal of a file today, in 20 years I imagine a similar issue.
We can't predict technological growth that far out into the future.

To be honest I have found 100 gigs to be fairly large to download, however it isn't all that big of a file once it is downloaded and ready to go. It might be something like a 1/10th of a terabyte, but that isn't that bad is you do enough for data management and so.
It isn't just the download, it's also the validation time. A full client may occasionally get broken for whatever reason, and that usually requires a reindex which takes a painful amount of time on non high-end hardware.

Well, in the future only big miners will mining bitcoin...
This is also known as ignoratio elenchi (irrelevant conclusion).
10344  Bitcoin / Bitcoin Discussion / Re: Hardfork = Mitosis on: October 09, 2016, 06:56:54 AM
I've been making that point for almost a year now but nobody listens.
I prefer to avoid the usage of that unless there's appeal to authority or I have to defend myself. This just seems like a slimmer version of r/btc, where they're attacking someone on a daily basis.

First they say that a hardfork is no big deal, it just happens and then everyone will jump on to the new one. Then they say that maybe the blockchain can split in 2, but the old one will be quickly absorbed into the new one. Then ETC is alive for almost 6 months now... How quickly will that old blockchain be absorbed exactly?
Correct. In theory it was thought that the minor chain would quickly die out. Now we know that this doesn't necessarily have to be true (as demonstrated by ETC).

It's this natural behaviour of things that I illustrate in this thread, whether you compare blockchains to cells, it is always the same. Once you break something, you cannot put it back together and glue it, it will never be the same.
Well, if you're looking at the whole picture then I agree with you.

And yes look at ETH, looks like it will be hardforked again:  Cheesy Cheesy

https://twitter.com/jeffehh/status/784318008592183298
ETH seems like a joke when it comes to security nowadays. Seems like there's a lot of trouble waiting in their code.

This is so hilarious, I warned you people, once you create a hardfork, it will be a permanent perpetual hardfork, it wont be just a 1 time solution, it will be abused every single time.
Well, IMO doing a hard fork on Bitcoin just to increase the block size limit to X is horribly inefficient. The HF should be packed with things that are required, but can only be done with a HF (since we know these are not, and will not be a often thing with Bitcoin).
10345  Economy / Collectibles / Re: [Auction] Cryptocracy Physical Bitcoin - Series 2 - Coin #2 on: October 09, 2016, 12:02:28 AM
Looks good, picture of the hologram on other side?
You can find the picture and more information in this thread.
10346  Other / Beginners & Help / MOVED: am new on: October 08, 2016, 11:59:33 PM
This topic has been moved to Trashcan.
Reason: Insubstantial introductory thread. Please read: Welcome threads and introduction posts and Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ before posting.
10347  Bitcoin / Bitcoin Technical Support / Re: Bitcoin Core crashes when I try to import my encrypted wallet file. Help please! on: October 08, 2016, 11:12:12 PM
Hereby I confirm that I have successfully moved the funds from OP's wallet to my own address as agreed with them via PM. Now I'll wait for you to provide your own address for relocation of remaining funds (3.88xx - 1). Provide me with one (either by posting here or via PM) and I'll finalize this as soon as possible. Please also make a backup or two of the wallet that will be used here.

Update: You're very welcome.
10348  Bitcoin / Bitcoin Discussion / Re: What's wrong with my current cold storage? - Weaknesses in cold storage methods on: October 08, 2016, 10:53:33 PM
A good point, I have updated the section to be more accurate in that point

'A physical bitcoin coin where the manufacturer generates and installs the secret ke

 * The medium that the key is on is often paper/plastic which can burn or be smoke damaged'
We usually use the terminology funded (or pre-funded) vs. DIY coins (or buyer funded) in the collectibles section. That may help with clearing things up. This is a nice summary but should probably be differently formatted to make it look nicer!
10349  Bitcoin / Bitcoin Discussion / Re: What's wrong with my current cold storage? - Weaknesses in cold storage methods on: October 08, 2016, 09:42:13 PM
A physical bitcoin coin

 * Trust in the manufacturer themselves, they could copy the key
 * Trust in their key generation procedure
 * Trust in the operational security of the manufacturer, they could be generating the keys on their everyday computer
 * Trust no one is successfully spying on them, electronically, looking through their documents while they are out of town, or with tiny tin foil hat cameras or long range ones
 * Trust that the object was not tampered with in delivery
 * Trust that no one has tampered with the object since you got it
This is only true for pre-funded coins, otherwise it is false. I'd say it is a bad generalization to say that all physical Bitcoin share these weaknesses, because they don't. There are several DIY coins, where you assemble and fund it with whatever address that you want. The only obvious weakness in DIY coins is theft (none of these listed above apply to these) and potentially your own generation scheme (if weak, vulnerable, etc.).
10350  Other / Meta / Re: Revamping the rank system. Again on: October 08, 2016, 04:59:39 PM
Yeah, that seems to be another, totally unintended side effect well worth to be considered separately. I guess that minor members (lol) could even end up being demoted to a lower rank if they stay latent long enough, and demotion is not taken care of (read specifically prevented) by the forum engine...
I guess a measure could be implemented to prevent the de-ranking of users if that's desirable. However, I actually don't see that as a bad thing as long as the parameters are right (e.g. slow enough).

I'm curious what other unforeseen effects such a system might have
As long as pros outweigh cons this is fine.
10351  Bitcoin / Bitcoin Discussion / Re: FACT CHECK: Bitcoin Blockchain will be 700GB in 4 Years on: October 08, 2016, 04:55:57 PM
And what about 10, 20 years?

1000TB?? Anyone have a bigger projection about this info?
This question is pointless and so would the follow up questions be (30, 40, 50 years, etc.). Just do your own math, it's really simple: average expected block size x number of blocks a day x number of days a year x number of years that you want. You won't get the most accurate projection, but you will get a rough picture and will avoid redundant questions.
10352  Other / Archival / Re: . on: October 08, 2016, 03:58:38 PM
Bump. Where are all the coffee lovers in this forum?
10353  Bitcoin / Bitcoin Discussion / Re: FACT CHECK: Bitcoin Blockchain will be 700GB in 4 Years on: October 08, 2016, 03:56:39 PM
segwit will rebuild the blocks ... after 1 year.
and then, the whole local blockchain will be reduce.
and then, olds clients will not be able to connect to eradicate 0-confirmation trap.

it's a revolution.

Local blockchain will be at 30 Go at the end of the 2017.
What are you talking about? I'm pretty sure that nothing like that is going to happen.
10354  Bitcoin / Bitcoin Discussion / Re: FACT CHECK: Bitcoin Blockchain will be 700GB in 4 Years on: October 08, 2016, 03:00:21 PM
Hey, thanks for chipping in. I'm concerned that if I apply and show good moderator skills, I might get asked to join the gang  Grin
I wouldn't worry about it, that isn't likely to happen just because you run self-moderated threads. Cheesy

Anyway, to your substantive point. SegWit is not yet implemented, so I want to see the evidence before making a change to my assumptions on the ~4% monthly growth rate.
False. Segwit is implemented in 0.13.0, there are just no activation parameters (i.e. it is not active). They're making some final changes for 0.13.1 which should be released soon.

Another, for instance to counter your point. If multi-sig keeps growing in popularity, does that wipe out the benefits of SegWit, making the need for a block size increase more likely?
Well, the same could be asked for a block size increase, could it not (e.g. what if bigger average TX size becomes more popular)? Multisig with P2SH should be safer with Segwit, so I expect even more usage as well.Actually, if more people used multi-sig Segwit should be able to provide a bit more headroom IIRC.
It is expected to see a capacity of anywhere between 1.6 MB to 2 MB on average. The exact numbers are debatable, and yet to be seen in practice (you can/could check testnet blocks).  Someone did the math a few months back on the mailing list; I used to quote that, but can't find it at this time. If I do, I'll post it here.
10355  Bitcoin / Bitcoin Discussion / Re: FACT CHECK: Bitcoin Blockchain will be 700GB in 4 Years on: October 08, 2016, 02:01:00 PM
I have no idea how this thread didn't catch my eye yet. I guess there's too much crap in the section.

in some ways this is very technical so it really requires a lot of analytical thinking.
No, all that this graph and 'calculation' requires is a brain.

But as a not so technical type of person like me i also know that this thing would really happens but as we can see processor's of the computers are also innovating right? so i think their system could still afford to do so.
Speculating on an ever dying Moore's "law" (which isn't even a law in the traditional sense) can and will lead to trouble.

@OP: There's too much crap in this thread that isn't worth reading; please start using self-moderated threads in the future. That said, you're assuming a growth rate in % or have you done your calculations based on X average block size per day/week/month? Did you factor in Segwit? If not, you will have to update that chart.
10356  Other / Meta / Re: Revamping the rank system. Again on: October 08, 2016, 12:18:56 PM
Agree,but instead of the usual activity points earning for posts,a better system should be introduced to rank up higher.
You mean to rank up higher than legendary?

Here's what I can recommend.
  -The user gets ranked up if he has successfully reported 500 posts with 90%+ of accuracy.
This one would actually be useful for the forum and 'mean something', ergo I concur.

 -Have successfully busted scams and or connected more than 10 alt accounts on the forum.
I disagree with this as it would involve manual work from an admin. The first one can be automated, which is one of the reasons I agree with it.

 -Posted more than 20 constructive comments in bitcoin technical support section.
Same reasoning as the one above. The current administration is busy as it is (even with Cyrus on board).

I think the first part of your suggestion in combination with what OP is suggesting would be a nice idea to start with.

Good idea but this would call for revamping the trust system first which is also very faulty
No, it would not require a revamp of the trust system.
10357  Economy / Collectibles / Re: [Auction] Cryptocracy Physical Bitcoin - Series 2 - Coin #1 on: October 08, 2016, 11:28:54 AM
0.19BTC
Do you really want this coin? I'm still watching whether someone else will jump in before deciding whether to bid again.
10358  Bitcoin / Bitcoin Discussion / Re: Hardfork = Mitosis on: October 08, 2016, 09:07:04 AM
Oh please, every damn sentence on this forum is an ad hominem to you.  Every time you discuss larger blocksizes, you say 2mb would be a disaster and discard any notions to the contrary.  
It were would not be a fallacy, if the information was rather correct or I was the point of the discussion (which I'm not).

It's neither an insult nor a personal attack to accurately describe the behaviour you demonstrate on a frequent basis.  
This is also incorrect. I don't see any statistical analysis backing up these claims.

I've heard more valid points from him than I have from you.
You're being fed false information then. I'm not sure what kind of threads you've been reading, but a fair amount of people chose to ignore them (most of the time) for a very good reason.

That said, this was also unnecessary and off-topic. You know somebody has a weak standing ground if they have to include others every time they attempt to make an argument. I can't stress this enough as this quite bad for any thread. Unless you have any valid arguments for a hard fork here, please stop wasting everyone's time.
10359  Bitcoin / Bitcoin Discussion / Re: Hardfork = Mitosis on: October 08, 2016, 06:14:13 AM
because a hard fork is not just one thing. its people like you who unconvincingly try to brush stuff under the rug and treat it all as a disaster.
controversial vs consensus
accidental vs intentional.
So after a redundant analogy, you resort to ad hominem?  Roll Eyes People who have kept a close eye on your posts and who are decent with Bitcoin knows that what you're preaching is usually very wrong. The fork debate has been beaten to death, and you've provided no good reasoning for it.

also unlike yourself who avoid learning, some people want to learn.
You've pretty much described yourself. How about you stop attacking other people and start listening for once?
10360  Economy / Collectibles / Re: [Auction] .25btc LOADED Bitpiece 2 day auction! Starts at face value on: October 08, 2016, 06:05:49 AM
0.28 BTC
Pages: « 1 ... 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 [518] 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 ... 1343 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!