I'm so glad we could do this.

An ideal solution would be a printed version of Bitcoin. It's easy to use and there are literally no fees.

I sold at 5 bucks. good luck

to all

Because Satoshi Nakamoto is a fucking god

empty blocks result from bursts

Yes difficulty is part of block header.

This way node can just from seeing the header know if it satisfies the difficulty.

But the node also checks if the difficulty itself is not fake (lower) by calculating the current difficulty from whole blockchain.

Anyway, only from the hashes, the others cannot verify if the transaction is OK or BAD.

So they need to recieve the actual transactions anyway.

And the reason why complete 1MB blocks are circulated around the network is to ensure that

Even if some machine missed some transaction, it will see it again when the block is circulated.

Hello. I understand what are you trying to say, you want the cap only for the hashes.

This solution is equivalent to say maximum 31250 transactions per block (because hash is allways same sized).

Obvious problem

Somebody could try to make very big transaction. Like 100KB transaction, then 31250*100KB = 3.1 Gigabyte block. your 1MB of hashes rule is satisfied.

Obviously such large block would not be transmitted and the transactions checked for validity in less than 10minutes and whole network could collapse upon mining such block.  The slow internet nodes will be clogged first. WHY?  Before the nodes fully recieve the block , they can't even check if the block is truly valid. Imagine 3 Gb correct transactions, and last one spending funds that do not exist. But nodes discover this only after 3gb download - and during the time they don't know if they should mine on top of it, or on top of the previous block.

The satoshi's 1mb cap is a better solutions because actual size of transactions is measured. this allows smaller transactions to be cheaper and motivates users to create tiny transactions.

looks like ponzi

go ahead and invest

Would Ethereum reach 20$ ??

Yes, the price will double to 800$

Kinda ironic that Proof of Anti-stake may work

the idea is, that user destroys it's coins and by doing so confirms a block

15.2 satoshi per byte is the current fee level

so, 0.00023560 BTC

Set up a facility to archive and monitor the Epic Big Block Drama

Thinking of features to add, all ideas are welcome

...

Exactly, operating at the 20 satoshi level and the transaction rate seems healthy.

Old funds like the Satoshi's premine are locked by pubkeys, no ripemd160 involved.

The use of RIPEMD160(SHA256()) makes many, many vectors like the ones Length extension attack fairly difficult

I don't see how anyone would brute force such a large (160bit) search space. At some point you need to find some public key that hashes to some value. Making public keys is not the bottleneck, not even  the SHA256 and RIPEMD160 but the elliptic curve keygen. But the utxo database lookups are.

But at the end of the day, UTXO is not so large and the lookups are embarrassingly parallel so the attacker would end with 1 compute node per UTXO. The setup would (could) in fact look equivalent to mining setup, but instead of blocks you have random data blob and the difficulty is maximum possible (full preimage). The mine of block would mean that you cracked someone's Bitcoin private key. Except the hardware asic for RIPEMD160(SHA256(ecdsa is not available.

The question is: is it more profitable to mine user's wallets with nearly impossible difficulty or regular bitcoin rewards with easy difficulty.

A speed up of the hash function is terribly unlikely  because the sha(ecdsa keygen(x)) part is 256bit to 256bit  , collisions here should be terribly hard.

on the other end you have ripemd160. I don't know how anyone could have so deep understanding into the combined result of three different algorithms  that would yield a considerable speed up of the bruteforce.

Inaction is action. Not doing anything is a change of rules!

Peace is war. freedom is slavery!

Small blockers have caused this.

EDIT: Satoshi is big blocker! Satoshi would want Bitcoin to become a paypal and go to the moon!!

The pink logo guy is shill as far I remember

The sky has fallen! An eternal backlog of
11426 transactions
22.37 MB
has formed
Time to flush it down the drain.

In year 2147 the last  subsidied Bitcoin will be mined.

we expect that by then, the double spend problem would be either fully solved, so mining will not be necessary.

another possibility, that Bitcoins will be so expensive in year 2147, that network can fully operate from fees.
This means that Bitcoin will become the virtual gold and will be much more expensive than gold.

Another possibility is that Bitcoin dies, and will not exist in year 2147 because everybody quits.