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It's true that we are having less nodes, and that's why nodes are incentivated and there is also dedicated hardware for nodes... But what makes you think that bigger blocks means less nodes? The only thing that would make us have less nodes is simply people feeling like shutting down theirs. There isn't really a reason to have less nodes...
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He was obviously going to get in trouble, as everything is monitored nowadays and funding criminals is obviously not a good thing to do. They took advantage of the fact that the boy mentioned Bitcoin to make it look worse for the misinformed general public. Another piece of news that makes people think that Bitcoin is only used for criminal activities and that fiat is the only salvation after baby Jesus  |
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Definitely a 8, or maybe 9. Really excited about what's next for Bitcoin, especially with the latest talk about block size...
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It's just someone spamming correct horse battery staple with loads of transactions. He's either saying that we need bigger blocks or that bigger blocks will allow lots of spam  Either way, nothing special going on, it can be safely disregarded... EDIT: what's concerning me more is why the hell did the address change its name? |
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Although this a pretty interesting idea, I think it would definitely cause chaos in the production network in just a few blocks after adapting the change...
Is it worth it for merchants and people sending transactions to have this experiment going when we have almost full blocks happening? It would definitely be interesting to hear devs/experts about this.
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It's apparently quite a bit used. A quick search reveals localbitcoins action, a Bitcoin ATM somewhere and some restaurant accepting it. A few months ago a cafe in Thailand appeared on reddit, offering Bitcoin payment option. If Bitcoin is illegal there... laws aren't working quite well |
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To get real testing data, they probably had some kind of testnet. They probably even have several testnets for different blocksizes. It's obviously just me speculating, but I don't see how could they test this and present this solution (and numbers backing it up) without having some testnet for, well... testing.
I haven't seen this kind of tests. Mike Hearn was complaining that we have no idea what will happen when the backlog of the transactions will keep growing. I know that we have the testnet, but was this 1MB limit actually tested over there? I don't think so. Where is the blockchain that we can break as many times as we wish? I don't have a clue. But I remember reading articles on Gavin's blog where he showed advantages and disadvantages of the 20MB blocks. Blog posts like this one http://gavinandresen.ninja/why-increasing-the-max-block-size-is-urgent that I thought were based on testing and real numbers... |
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This is what I've posted on Reddit: I have a couple of questions after listening to this episode. Mike was saying that we don't know what will happen when the backlog will keep growing.
Why don't we have some sort of "Staging" blockchain where we can test stuff happening? Why don't we have a live laboratory for these kind of tests? Are we only using math to predict stuff? ELI5!
To get real testing data, they probably had some kind of testnet. They probably even have several testnets for different blocksizes. It's obviously just me speculating, but I don't see how could they test this and present this solution (and numbers backing it up) without having some testnet for, well... testing. |
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Their absence has been discussed around here a few weeks ago. As far as I could gather there is a mix of lack of interest and short funding for the project... which probably led to a lack of motivation. They'll probably be back soon anyways, or someone will take it from where they left  |
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There aren't only benefits about having big blocks... And huge blocks aren't the definitive solution |
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I don't think Gavin looses credibility, as he started an important discussing that will basically "make it or break it" for Bitcoin. We need this size increase... Probably everyone would postpone that if it wasn't him. And this is why there are several people on the core dev group: so that at least one person thinks differently and advances some proposals. If someone goes in with a proposal, there are other people to correct it, and make things even better... |
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https://epicenterbitcoin.com/podcast/082/From 51:02 onwards... Now we're talking! They're finally stepping up and applying the change on Bitcoin XT. And then we vote Quite a nice interview with some information... Also good for those around the forum that still have questions or doubts about making a change in Bitcoin
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I am running Windows 10, since it's beta I get some crashes eventually (I'd say once every two days).
Thank you for the suggestion, coincidentally I thought of doing that after my last reboot. Hope it works out good.
I created this thread to make people aware of this problem, not for me, but for people who want to run nodes and might find this annoying. Nodes are always welcomed. This resync takes nearly 12 hours on my fast computer.
Crashes are rare on stable and fine tuned systems... Probably a good idea to switch OS if you want to run a node without any problems |
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To sum up the article, there are 3 kinds of "financial elite" regarding Bitcoin: They embrace it They say it might be good, but don't really care They say they don't like it, but are secretly pouring money into it |
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Apparently this has launched... Any feedback about them?
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I don't know how people expected to earn that amount of Bitcoins in a game I remember having something like 500 game-coins when I used to play... Obviously either the dev got really rich in an instant or they were just game coins Anyways, if there were people confusing things, I'm glad it all got sorted out. I think the big news here is the breadwallet integration! What a nice touch. I'm going to test it ASAP |
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Besides their Vault option and the card fees, they also allow to buy Bitcoins and certainly charge something for such service... They probably even mine Bitcoin  |
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This seems like a very amazing service... I wonder if they have plans to expand further in Europe.
As for complaining about not having Bitcoin as payment method, so far I haven't been well received when I complained, but I'm confident things will change very soon.
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They are possible, and they are done in this forum, on the Lending section Through the blockchain it isn't possible... And I don't really see that as a useful addition to Bitcoin, honestly |
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