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1  Bitcoin / Development & Technical Discussion / Bitcoin Adoption and the Scalability Problem. What can normal users do to help? on: March 13, 2018, 06:49:37 PM
I have reached a conclusion that Bitcoin has almost got to the highest adoption it can sustain and we can't get to a higher adoption without solving the scalability problem first. As:
Higher adoption ----> more transactions per second ----> higher tx fee/time ----> inability to do smaller transactions ----> less adoption.

We can see this happening when Steam stopped accepting bitcoin in December last year after the high surge in its transaction fees.

What I find weird is how slow things are going. SegWit adoption is low and LN is not activated yet. Even when LN is activated I don't know if it would solve things up.

What can we do to help?
What comes to my mind is that we should start using SegWit addresses for all our transactions. I think if more bitcoin users show interest in SegWit and LN it would encourage their adoption among wallets and other services.
Any other suggestions on how we as a community can help solve the scalability problem?

PS: Though technically it's not a technical question but I preferred to post it here and get useful replies rather than posting in bitcoin discussion and having to deal with all the spam.
2  Other / Meta / Merits, an idea to spot shitposters based on posts/merits ratio! on: March 03, 2018, 02:59:04 PM
While I was in the frog pond I came across this guy: https://bitcointalk.org/index.php?action=profile;u=1659648
He posted +600 posts yet failed to get any merits! He even started a thread just to say this:
Today Bitcoin is at $11,000.

If you buy Bitcoin at $1,000 after the price falls, you get/save $10,000. That's profit.  Smiley

When Bitcoin goes $1,000 to $2,000, you get $1,000 profit.  Wink
I reported the post and it has already been deleted...

So... My idea is that all members with a post count that is more than 100 times - or whatever the staff see fits - their earned merits should have their post history checked by the mods for a possible ban. I guess it could be implemented so those accounts automatically appear for the mods to check them.
Edit: Based on TheQuin suggestion, you can add time to the equation so that it only gives members with +X (eg. +100) posts in the last month.

Why wait for the shitposters to stop using the forums? Lets take action and start banning them!

Edit: Does anyone know how to report a spammer to the mods?
3  Other / Meta / List of Threads Giving Away Merits - Updated 12 march 2018 on: March 01, 2018, 11:56:07 PM
Open:
Post Reviews:
sMerit Post-Review
Merit System Upgrade for Full members, Sr. members and Hero members only.
Topic & Post Review (Specific Areas) - sMerit to give
[ANN] The Utmost Epic, Totally Tubular sMerit Giveaway ~ 170 sM Available
Awarding Merit for the highest quality threads/posts
[Merit Review] sMerit Post Review (Running)
Point me to undermerited posts
Free Merit for quality post
vlad230's post review service - Jr. Member and up [OPEN]

Opens only on Wednesdays, only for members who have enough activity points to rank up:
sMerit for quality users [ Wednesday Challenge]

Altcoins Related:
New merit give away thread. For alt coin mining.
Altcoin Discussion Topic Review and sMerit Giveaway

Signatureless Challenge. If you think you are a good poster then join this challenge, everything you need to know is in this thread:
Joe's Signatureless Challenge: Win $25 ($10 for 2nd) + 8 Merits every week!

For reporting alts, merit abusers, rule breakers, etc. :
Joel_Jantsen's Merit Distribution Thread (Newbies Welcome)
Known Alts of any-one - A User Generated List Mk III (2018 Q1)

A Bitcoin Q&A, they ask, you answer. This is actually a pretty good thread to learn something new about bitcoin, give it a visit even if you're not here for the merits:
A simple bitcoin Q/A. Learn new and interesting stuff about bitcoin.
A Simple Bitcoin Q&A, if you're kinda new to bitcoin, then this is the best place for you:
Common Q&A about Bitcoin:Non-Technical Edition (Earn Merits)
Bitcoin Forum Puzzle, fun facts and merits! who would say no?
Bitcoin Forum Puzzle

Merits for creating art (image, gif, video...) that helps others understand Bitcoin or other related stuff:
sMerit for art !

Merits for providing certain information, like a guide on how to open a Lightning Network channel:
Provide information and receive merits from the most reputable source.

Rank-up Service, if you're messing one merit point to rank up then you've come to the right place! read the rules in the OP before you apply:
One (1) Merit point to Rank-up Service, Jr. to Hero Members Are Welcome

Temporarily Closed:
Post Reviews:
Anti-spam Merit Giveaway - For Junior Members Only - updated
Merit giveaway for Jr Members and newbies
Merit review free service (READ OP)
14 merit bonus for quality users [Jr to Sr. Member]
TMAN's Level up challenge.-- UPDATED... for Newbies and Jr. members only.
Awarding Merit for quality posts

Altcoins Related:
CLOSED Merit System Upgrade in Altcoin Section: Receive Merit from me
Merit point giveaway for alt coin miners Question to mod of altcoin mining.

I'll try to keep this list updated. If I missed a thread please post it in the replies, I'll be adding it asap.
Good luck on the merit hunt Grin

PS: Those threads are nice to get you started with a small merit boost, but you can't rely solely on them. If you really want to get merits, the best way is to get out there and participate in this forum Wink
4  Other / Meta / Is the Merit System Generating Enough Merits? on: February 26, 2018, 11:56:33 AM
First of all I wanna thank zentdex for his great analysis about how many merits each rank - on average - gains a month. I used some of the data he provided in his post: https://bitcointalk.org/index.php?topic=3015036.0

Now to my point:
I took my time to do the math and see how many members can the current merit system sustain and here are the results:

SUMMARY

https://imgur.com/a/snYsn




First of all let me remind you of rank requirements:

Newbie:           1 activity                   and     0 merits
Jr. Member:      30 activity                 and     0 merits
Member:          60 activity                 and     10 merits         needs 2 months to get the activity
Full Member:    120 activity               and     100 merits       needs 4 months to get the activity
Sr. Member:      240 activity               and     250 merits      needs 8 months to get the activity
Hero Member:   480 activity               and     500 merits      who knows?  Tongue  around 12 months
Legendary:       775 - 1030 activity     and     1000 merits




There are currently - at the time of this post - 57 merit sources with a total merit generation of up to 11975 sMerit per 30 days. Those are the merits generated by sources only, and given that a member can send half the merits he receives and imagining the best case scenario where every member sends all the merits he receives, the total amount of merits generated by the system would double to 23950 sMerit per 30 days. So, roughly 24k sMerit per month.

Now to the boring math:

Based on Zentdex's analysis the 24k merits are distributed between ranks in the following manner:
Legendary: 8%
Hero: 8%
Sr. Member: 14%
Full Member: 16%
Member: 19%
Jr. Member and Newbie: 23 + 11 = 34%


So...
Legendary members get 8% x 24k = 1920 merits
Hero members get the same amount 1920 which is enough for 1920/500 = 3.84 members to rank up every month. The No. of Hero members the system can sustain: 3.84 x 12 = 46.08
Sr. members get 14% x 24k = 3360 which is enough for 3360/250 = 13.44 members every month. The No. of Sr. members the system can sustain: 13.44 x 8 = 107.52
Full Members get 16% x 24k = 3840 which is enough for 3840/150 = 25.6 members every month. The No. of Full members the system can sustain: 25.6 x 4 = 102.4
Members get 19% x 24k = 4560 which is enough for 4560/90 = 50.67 members every month. The No. of Members the system can sustain:  50.67 x 2 = 101.34
Jr. Members and Newbies get 34% x 24k = 8160 which is enough for 816 members every month.

The time needed to rank up is easily acquired by dividing the amount needed to rank up by the average merits gained per month.

Conclusion (my opinion):
The amount of merits produced by the system is too very low, as we've seen that it would take an average member 3 to 5 times the time it took him to rank up in the previous system, I know that the purpose of this system is to create a better forum with better members but just imagine yourself a full member needing almost 2 years to get to senior. Is that fair? How frustrated you'd be? Well, this is the case for half of the seniors members in the forums!
Not to mention that I described the best case scenario and didn't go into calculating all the sMerits that are horded and not used and the merits that are sold on black markets.
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