I tried -cclock, but it didn’t seem to have any effect on Radeon R9 290X. I also tried to write to /sys/class/drm/card0/device/pp_sclk_od, according to this https://www.phoronix.com/scan.php?page=article&item=amd-rx480-od&num=1but the value didn’t change from zero. Is there a way to overclock Radeon R9 290X in Claymore? I’m using AMDGPU-Pro Driver 17.40 |
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Pool’s ethereum miner’s webpage is lagging?
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Miners don't have blockchain. They only process individual blocks. As full nodes maintain blockchain invalid blocks would eventually disappear, as they would never be put to blockchain. When those invalid blocks would not be in blockchain, miners reward would not be in blockchain so miner would not get paid. Does this sound like incentive?
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It will be a disaster. Can anyone tell me what incentive miners will have to check the witness data? They would only loose time waiting for that witness block before they start mining the next UTXO block...
The incentive is that if they mine invalid block, it gets rejected by the network, and if it gets rejected by the network, then they are not mining Bitcoin, they are wasting electricity to mine some fork that they can't even sell on exchange. Miners do not control Bitcoin, they are simply hired to timestamp transactions, while the network of nodes enforces the rules. If there is no incentive for you to verify then what incentive would there be for the network to verify? The problem is everyone will be more competitive if they stop verifying the signatures. Bitcoin Core Nodes verify. Nodes decide, what is valid a Bitcoin block. Not the miners. Miners can post as much invalid blocks as they want, the only effect is, that those blocks are rejected by the nodes and miners don't get reward. Every Core node checks each block independendly. |
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How do the old nodes see Segwit transactions? If I've understood correctly, they see Segwit transactions as something called "anyone can spend transactions"? What about the witness data? How the old nodes interpreted it? It is written somewhere, that the old nodes don't see the witness data at all, but how is that possible, when the data still is broadcasted in the network?
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Sites just calculate the average price from several market places. There is no official price.
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How can number of daily transactions grow, when blocks have been full for at least two weeks in a row? https://btc.com/stats/block-sizehttps://blockchain.info/chartsBlock size has not grown as much as daily transactions. How is there room for a transaction growth? There is of course demand, but how is there room? Both blockchain info and btc.com show that there were 400 000 transactions during last 24 hrs. Maybe the explanation is simultaneous growth in block size and number of blocks/hour? Of course the latter will be fixed with difficulty adjustment. https://fork.lol/blocks/time |
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How can number of daily transactions grow, when blocks have been full for at least two weeks in a row? https://btc.com/stats/block-sizehttps://blockchain.info/chartsBlock size has not grown as much as daily transactions. How is there room for a transaction growth? There is of course demand, but how is there room? Both blockchain info and btc.com show that there were 400 000 transactions during last 24 hrs. |
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I'll tell you who is buying - Everyone I talk to now in real life, like a mortgage broker, and mention that I do "trading" - they say "oh have you heard about bitcoin? Do you think I should get in?"
NONsense.  Less than one percent of the total world population owns any quantity of bitcoins. I would guess, it is way below one percent, what is your source? I was just trying to give some benefit of the doubt regarding the 1% adoption matter, and I agree with you that it is likely far less than 1% and I don't have any exact source, at the moment, and I don't think that it matters too much to what should be the fairly obvious point that I was making. To me, it just seems a bit crazy when folks are asserting some kind of mass adoption based on hearing something from their shoeshiner or some other anecdotal, and therefore conclude that it is time to get out. As you and I recognize, bitcoin is no fucking where near mass adoption... so we agree, and we need not get bogged down in the specifics regarding how far below 1% we actually are or the fact that some areas of the world have higher adoption than other areas.. Bitcoin adoption still boils down to being a long fucking way from any kind of semblance of mass adoption, and even in what we consider to be big technologically sophisticated cities. I agree. |
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I'll tell you who is buying - Everyone I talk to now in real life, like a mortgage broker, and mention that I do "trading" - they say "oh have you heard about bitcoin? Do you think I should get in?"
NONsense. Less than one percent of the total world population owns any quantity of bitcoins. I would guess, it is way below one percent, what is your source? |
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As many documents/references said there is no governing body for BTC. Then,
1. who is handling forks??
2. who is giving permission for forks??
3. who is maintaining bitcoin.org ??
You can fork your rddsd7-coin from btc blockchain whenever you wan't. Probably it won't have any value, but you can do it. |
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Ideally bitcoin should be able to process approximately 60+ transactions per second, but because of miners switching to BCH for bigger profit transactions gets slower. This would mean that bitcoin still needs a lot of work until it's ready for mass adoption.
Isn’t maximum about 7 transactions/second at the moment? Are you referring to full theoretical Segwit rate? Only about 10% of transactions are Segwit at the moment. http://segwit.party/charts/Average there have been 6.6 blocks/hour for last 7 days, so it is not a problem at the moment https://fork.lol/blocks/time |
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^Segwit transfers are faster and cheaper? So wallets’ users would benefit?
Main difference is that Sigwit block size is 2MB as a result difficulty level for mining it is easy and hence transactions are fast. To my very limited unterstanding, mining difficulty is not affected by segwit.. only block size. Because you can fit in more Segwit transaction to a block, there is incentive for miners to include as many Segwit transfers in a block as possible, and this causes Segwit transactions to go trough faster. . If I've understood correctly |
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It is interesting, that at first Segwit adoption took of really well, then it stalled and now it has plateaued to approximately 10% level http://segwit.party/charts/# |
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Thank you for your answer. It is strange, that big service providers are so slow to implement this, all thought it would help their customers.
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