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December 24, 2017, 07:14:47 PM |
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Until any crypto can come up with something like Layer 2 switching did for LAN/Ethernet, I think it won't be a viable payment option for mass adoption.
You debate me about BTC when i say it will not scale and then you say that ? WTF I don't think we need hardware switching in routers or anything like that to deal with 250 bytes of data when we send money but i think you have hit up on what i have been saying here. The transport for digital money (ETH2, BTC2, BTC10) needs to be independent of the currency flowing along the motorway and be like the postal system when sending letters (recorded delivery if necessary), no need to know whats in the letter, just deliver it and get paid gas for the service. gas cannot he purchased from anyone, money and greed fucks everything up and the transport system is made up for anyone that is using the system and if you won't help to deliver letters, you won't get any gas until you do your share of work. This parts not hard but it also needed to create clusters of teams so that each member of a team can share resources and work as part a group. Now start asking what a team or clan of lets say 1024 machine can do because the limitations become endless and all over sudden we can process 1/50th of all the BTC transactions or host 50 onion type web-sites and have access to our own hidden store of movies. Put simple we need an address system and to work as teams instead being every man for himself with 9,999 dispersed systems all using bespoke protocols to try to hook up to other resources
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Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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scottykarate
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December 24, 2017, 07:15:20 PM |
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Good one!!! That makes perfect sense. Like I said, your little attempt to show off some BS formulas was just a sign of ignorance and talking out your ass.
So far , aside from insults you have said nothing to prove you know anything. ╥Aztek I don't have to prove anything other than you are basing your numbers on home internet bandwidth and that makes 0 sense to anyone who knows anything about networking and computers. That proves you're talking about something you have no clue about. And yes, what I said applies to Bitcoin as well as any other crypto. I think answer is in development other than blocksize. No, I definitely don't think Bitcoin is scalable in current form. The reason I used home internet speeds is it shows what is available. It is a non issue to argue with you as you back up nothing you say with anything tangible. Have a nice day. ╥Aztek Lick your wounds and run! Like I said, you've got nothing. The WAN is what's available and every single bottleneck that goes with it. Have a nice day yourself!
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scottykarate
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December 24, 2017, 07:22:24 PM Last edit: December 24, 2017, 07:37:20 PM by scottykarate |
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Until any crypto can come up with something like Layer 2 switching did for LAN/Ethernet, I think it won't be a viable payment option for mass adoption.
You debate me about BTC when i say it will not scale and then you say that ? WTF I don't think we need hardware switching in routers or anything like that to deal with 250 bytes of data when we send money but i think you have hit up on what i have been saying here. The transport for digital money (ETH2, BTC2, BTC10) needs to be independent of the currency flowing along the motorway and be like the postal system when sending letters (recorded delivery if necessary), no need to know whats in the letter, just deliver it and get paid gas for the service. gas cannot he purchased from anyone, money and greed fucks everything up and the transport system is made up for anyone that is using the system and if you won't help to deliver letters, you won't get any gas until you do your share of work. This parts not hard but it also needed to create clusters of teams so that each member of a team can share resources and work as part a group. Now start asking what a team or clan of lets say 1024 machine can do because the limitations become endless and all over sudden we can process 1/50th of all the BTC transactions or host 50 onion type web-sites and have access to our own hidden store of movies. Put simple we need an address system and to work as teams instead being every man for himself with 9,999 dispersed systems all using bespoke protocols to try to hook up to other resources I said something like Layer 2 switching did for Ethernet. Read. Do you understand the OSI model to know that switches are layer 2 and routers are layer 3? I'm talking about something akin to what layer 2 did for Ethernet passing frames/MAC addresses. Edit: I agree, I think we're talking about the same thing here from different angles. I guess I failed to read. Apologies.
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December 24, 2017, 07:28:43 PM |
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The mining network has managed to shave off almost 100k transactions in the last two days
Wow that's a massive amount of data so let me get my calculator out and do the sums 250 Bytes per transaction being sent out so that 250,000,000 bytes have been processed extra in the last two days. Wot you mean like 1/4gb or the size of one big .jpg or maybe 20 minutes of a 720p movie or something What are they using, 48k ZX-Spectrum computers or something, this is a joke
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Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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BitcoinNosi
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December 24, 2017, 07:33:30 PM |
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Still waiting on those transactions ids. Post Transaction IDs , so we can verify that you are not LYING!! Cause I think you are Lying. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ╥Aztek I don't buy what the PO is saying for a minute. He needs to post the transaction ID or we will assume he is lying through his teeth.
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scottykarate
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December 24, 2017, 07:36:06 PM |
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Still waiting on those transactions ids. Post Transaction IDs , so we can verify that you are not LYING!! Cause I think you are Lying. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ╥Aztek I don't buy what the PO is saying for a minute. He needs to post the transaction ID or we will assume he is lying through his teeth. Yep, I agree. The proof is in the pudding.
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December 24, 2017, 07:48:29 PM |
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I said something like Layer 2 switching did for Ethernet. Read. Do you understand the OSI model to know that switches are layer 2 and routers are layer 3? I'm talking about something akin to what layer 2 did for Ethernet passing frames/MAC addresses. I agree, I think we're talking about the same thing here from different angles.
Yes made to learn the 7 layer model that no one uses anyway when i was at Uni along with sliding window CSMCD and some token ring networks plus lots more that i could not wait to forget. I get that MAC is used only over one hoop and TCP is end to end connection and UDP is connection less plus ports and well known names and that I don't like Ipv6 needed for IoT and M2M but i cannot stop it. 256,256,256,256,256 =IPv5 would had been fine with me because i don't want my toaster telling my boss what time i got up in the morning Apart from that, I know nothing more than i need to know about networks to get by but Netgear with it's hardware and CIA/NSA back-doors are not real going to welcomed to the party I don't think and if they come then I am leaving
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Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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December 24, 2017, 08:02:46 PM |
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I don't buy what the PO is saying for a minute. He needs to post the transaction ID or we will assume he is lying through his teeth.
in fairness I would not give anyone my address or IP because everything we do and say is already being recorded and no i am not being paranoid, I read my routers internet sys-logs, peek at network traffic on the machine and run a file watch to see what Microsoft is doing. I am sure this is a Microsoft bug that will get fixed in a security patch soon if word gets out that we know but if you stop everything you dare at night including many of the widows services and close down all your programs but run a program that audits the windows SSL certificate store then you might catch a few new ones turning up in the middle of the night, like from the DoS and that. oh Yes they encrypt everything before it's get sent out but the stupid buggers forgot to code it so that the CA certificates can be seen
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Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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scottykarate
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December 24, 2017, 08:15:41 PM |
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I don't buy what the PO is saying for a minute. He needs to post the transaction ID or we will assume he is lying through his teeth.
in fairness I would not give anyone my address or IP because everything we do and say is already being recorded and no i am not being paranoid, I read my routers internet sys-logs, peek at network traffic on the machine and run a file watch to see what Microsoft is doing. I am sure this is a Microsoft bug that will get fixed in a security patch soon if word gets out that we know but if you stop everything you dare at night including many of the widows services and close down all your programs but run a program that audits the windows SSL certificate store then you might catch a few new ones turning up in the middle of the night, like from the DoS and that. oh Yes they encrypt everything before it's get sent out but the stupid buggers forgot to code it so that the CA certificates can be seen Yes, it is known that the CIA, alphabet and other organizations have had their own firmware running on network devices for years. I don't think anything is secret, regardless of what endpoint protection users may think they have and IOT has made us that much more vulnerable. The transactions, however, are already out there for everyone to see and the OP wouldn't be revealing anything that's not already known.
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BADecker
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December 24, 2017, 08:45:49 PM |
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As of this writing, unconfirmeds are down 120,000 from yesterday. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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December 24, 2017, 09:28:36 PM |
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Yes, it is known that the CIA, alphabet and other organizations have had their own firmware running on network devices for years. I don't think anything is secret, regardless of what endpoint protection users may think they have and IOT has made us that much more vulnerable.
You know all them free things like manuals for how to fix your DVX-900-AX video player you once go for free well soon it won't be free and will be termed as VIP content and all browsers will soon come with wallets and you will have to click "Pay $0.10" thanks to Crypto-coins/tokens The bankers have big plans for us but many people are starting to see it Would you like me to give you the red pill or the blue pill ?
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Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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scottykarate
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December 24, 2017, 09:32:06 PM |
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Yes, it is known that the CIA, alphabet and other organizations have had their own firmware running on network devices for years. I don't think anything is secret, regardless of what endpoint protection users may think they have and IOT has made us that much more vulnerable.
You know all them free things like manuals for how to fix your DVX-900-AX video player you once go for free well soon it won't be free and will be termed as VIP content and all browsers will soon come with wallets and you will have to click "Pay $0.10" thanks to Crypto-coins/tokens The bankers have big plans for us but many people are starting to see it Would you like me to give you the red pill or the blue pill ? Net neutrality will definitely make some people some money. Once again the consumer gets squashed.
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fer3219
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December 24, 2017, 09:35:37 PM |
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Why you don't trying again when the current network is saturated (btc) and sending the payment with the half of fees recommended, would you be able to get a 22 minutes confirmation again ?, bitcoin have serious problems and thats why forks are trying to resolve, at the end, the forks are making the rich more rich , thats not helping at all.
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Dzernej
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December 24, 2017, 09:38:51 PM |
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Yeh, waiting for next fork...
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December 24, 2017, 09:49:25 PM |
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Net neutrality will definitely make some people some money. Once again the consumer gets squashed.
This is the least of our troubles or have you not noticed machines taking jobs or how you are being conditioned to do as you are told by robots so how does that fit in with the subject, BTC and mining or maybe you might not want to know about M2M and the vision for IoT (IOTA coin) Like it or not Pandora's box has been opened and it's got cash and greed written all over it as i think we have seen with BTC miners in recent weeks and ourselves if you look.
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Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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khaled0111
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December 25, 2017, 03:21:45 PM Last edit: December 26, 2017, 06:08:00 PM by khaled0111 |
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Number of unconfirmed transactions decreased to become 177.000 unconfirmed transaction lately. Getting your transaction confirmed in 22 minutes with 500 sat/byte is kinda strange. During last 2 weeks transactions even with higher fees need several hours to get confirmed. Maybe you were lucky. Anyway, any reosonable user will not need such proofs to know that BCH can't replace Bitcoin.
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Taskford
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December 25, 2017, 03:45:45 PM |
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It is not always accurate for the both sides because it is really depending on the miners if they are working well to confirm the transactions fast because bitcoin has a lot of crowd or people that are using its system so it is a no brainer to just think that bitcoin will work fast like the other coin in the market so i think that there is no sense to compare bitcoin to other coin like bch.
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