bambou
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May 05, 2015, 06:41:08 PM |
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lol @ the sneaky little "kudos" buttons that mislead people into "liking" all his fallacies. sounds like an Agent to me: If any of the other proposed scaling solutions were tested, practical and already rolling out onto the network and being supported by all the various Bitcoin wallets then, indeed, there would be no hurry to schedule a maximum block size increase.
Unfortunately, they’re not; read Mike Hearn’s blog post for details. We are years away from a time when we can confidently tell a wallet developer “use this solution to give your users very-high-volume, very-low-cost, very-low-minimum-payment instant transactions. http://gavinandresen.ninja/it-must-be-done-but-is-not-a-panacea
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Non inultus premor
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inBitweTrust
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May 05, 2015, 06:47:04 PM |
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Thanks for linking me to some great information from a very reasonable guy who has been critical to Bitcoins development. I will check it out.
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redsn0w
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#Free market
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May 05, 2015, 06:51:57 PM |
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For me it would be a nice feature, and it is very needed if bitcoin 'wants' to be mainstream. Because if we compare it with the credit card system we will see that 7 transactions per second - against - 2'000 transactions per second (visa). In this way we will have a lot of transaction in one block and it will speed up the send of bitcoin. I'm waiting to see this feature in the next releases and I am sure the majority will choose the right thing ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) . I thought that too but in the last thread about this there were people who were so against this they started name calling and then it was "Gavincoin". I even got negative trust for saying I it would fork and carry on. Are you serious? Negative trust for saying your personal opinion ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Ftechforum.it%2Fstyles%2Fdefault%2Fxenforo%2Fsmilies%2Fasd.gif&t=665&c=S6TLyhcvth6UQQ) (amazing). When the feature will be released, everyone of us will choose if 'upgrade' his bitcoin core version or not (this is the good thing in a 'decentralization).
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Buffer Overflow
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May 05, 2015, 07:21:14 PM |
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Let's play a game. Lets see who can spot all the Popescu sockpuppets that will inevitability pop up in this thread. They'll turn up, oh yes, you can be sure of that. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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okae
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northern exposure
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May 05, 2015, 08:53:15 PM |
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ty for the link i didnt read it before; well i think it will scaled slowly, yes, but i think i will need to start buying more hdds right now lol, just to use the btc core wallet ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) and yes i love to use the btc core wallet, so... xD
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johnyj
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Beyond Imagination
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May 06, 2015, 12:56:00 AM |
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Some day in the future, you will need a data center to hold the whole blockchain, but that's still manageable, since by then each bitcoiner will own a data center ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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kelsey
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May 06, 2015, 02:13:12 AM |
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one small step for future upscaling one Giant Leap towards complete centralisation ![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif) How is it a "Giant Leap" to complete centralization? The blocks won't instantly become 20mb and by the time they are it won't be a big difference that storage size will be larger than it is today. We are talking a full Terabyte a year at every block being 20mb, this would have to be one hell of a busy network and at the standard. For 5 years of block chain it would only cost 120$ http://www.newegg.com/Product/Product.aspx?Item=9SIA5AD2RS3903, if you don't think in 5 years the price of 5tb will be A LOT cheaper just look at my previous post and again this would have to be at full block capacity which it won't be for quite some time. The idea of nodes being centralized is only theory and it doesn't hold much water. its not the increase in blocksize i was refering to but the way Gavin and co (particularly Mike) go about getting such done.
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tokeweed
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Life, Love and Laughter...
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May 06, 2015, 03:04:05 AM |
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one small step for future upscaling one Giant Leap towards complete centralisation ![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif) Yeah... I don't know if some people are trolling, blind or clueless.
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R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
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Pecunia non olet
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PayAccept - Worldwide payments accepted in seconds
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May 06, 2015, 03:23:48 AM |
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So we have a little less than one year to sell our Bitcoin before it becomes a clusterfuck. Ok, thanks for the info.
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R2D221
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May 06, 2015, 03:51:18 AM |
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So we have a little less than one year to sell our Bitcoin before it becomes a clusterfuck. Ok, thanks for the info.
You don't want them? You can give them to me.
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An economy based on endless growth is unsustainable.
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kelsey
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May 06, 2015, 04:09:43 AM |
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one small step for future upscaling one Giant Leap towards complete centralisation ![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif) Yeah... I don't know if some people are trolling, blind or clueless. i think most rather dig their head in the sand where bitcoin is heading and how few control the code. and the interests of those few ![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif)
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gustav
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May 06, 2015, 04:30:06 AM |
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crazyivan
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DMD Diamond Making Money 4+ years! Join us!
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May 06, 2015, 04:33:34 AM |
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So we have a little less than one year to sell our Bitcoin before it becomes a clusterfuck. Ok, thanks for the info.
There s no other option then to reduce the size of the blockchain. BTW, when was the last time BTC chain forked or had any real issue? There are not kids playing in the sand.
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Mikestang (OP)
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May 06, 2015, 04:36:57 AM |
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Some day in the future, you will need a data center to hold the whole blockchain, but that's still manageable, since by then each bitcoiner will own a data center ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Yup, and this is what a 250 megabyte hard drive looked like in 1979. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Ffarm3.static.flickr.com%2F2743%2F4368314776_c8223ea75e_o.jpg&t=665&c=MRM8cghNRLCTeQ) 30 years later you can fit 250x250 megabytes on something the size of your finger nail. When the blockchain needs a data center to hold it, a data center will fit on your desktop.
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solex
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100 satoshis -> ISO code
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 06, 2015, 06:44:03 AM |
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Let's play a game. Lets see who can spot all the Popescu sockpuppets that will inevitability pop up in this thread. They'll turn up, oh yes, you can be sure of that. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Just six posts later one has popped up... [noise]
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Buffer Overflow
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 06, 2015, 06:45:54 AM |
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Let's play a game. Lets see who can spot all the Popescu sockpuppets that will inevitability pop up in this thread. They'll turn up, oh yes, you can be sure of that. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Just six posts later one has popped up... [noise]
LOL. Well spotted. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Amph
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May 06, 2015, 07:13:22 AM |
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Some day in the future, you will need a data center to hold the whole blockchain, but that's still manageable, since by then each bitcoiner will own a data center ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Yup, and this is what a 250 megabyte hard drive looked like in 1979. 30 years later you can fit 250x250 megabytes on something the size of your finger nail. When the blockchain needs a data center to hold it, a data center will fit on your desktop. we are near that limit with silicon, we can't go much farther with shrinking, 10nm is the physical limit of the material, they need something else soon enough
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solex
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100 satoshis -> ISO code
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 06, 2015, 07:52:36 AM |
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Some day in the future, you will need a data center to hold the whole blockchain, but that's still manageable, since by then each bitcoiner will own a data center ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Yup, and this is what a 250 megabyte hard drive looked like in 1979. 30 years later you can fit 250x250 megabytes on something the size of your finger nail. When the blockchain needs a data center to hold it, a data center will fit on your desktop. we are near that limit with silicon, we can't go much farther with shrinking, 10nm is the physical limit of the material, they need something else soon enough Glass storage? http://physicsworld.com/cws/article/news/2013/jul/17/5d-superman-memory-crystal-heralds-unlimited-lifetime-data-storage
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Amph
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May 06, 2015, 07:57:40 AM |
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Some day in the future, you will need a data center to hold the whole blockchain, but that's still manageable, since by then each bitcoiner will own a data center ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Yup, and this is what a 250 megabyte hard drive looked like in 1979. 30 years later you can fit 250x250 megabytes on something the size of your finger nail. When the blockchain needs a data center to hold it, a data center will fit on your desktop. we are near that limit with silicon, we can't go much farther with shrinking, 10nm is the physical limit of the material, they need something else soon enough Glass storage? http://physicsworld.com/cws/article/news/2013/jul/17/5d-superman-memory-crystal-heralds-unlimited-lifetime-data-storagelast time i heard that they are working on graphene or nanotubes, as a next material, but glass could be another option(a storage in your glasses would be fabulous) it's seems that they can push silicon to 7nm, but it will be too costly
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HI-TEC99
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May 06, 2015, 10:33:42 AM |
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Some day in the future, you will need a data center to hold the whole blockchain, but that's still manageable, since by then each bitcoiner will own a data center ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Yup, and this is what a 250 megabyte hard drive looked like in 1979. 30 years later you can fit 250x250 megabytes on something the size of your finger nail. When the blockchain needs a data center to hold it, a data center will fit on your desktop. we are near that limit with silicon, we can't go much farther with shrinking, 10nm is the physical limit of the material, they need something else soon enough They have been developing something called racetrack memory for years. However, it sounds like fusion, it's always another ten more years until they say they will get it working.
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